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Contingent Valuation of renewable energy innovations: vegetal biomass in Italy

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  • Andrea De Montis
  • Corrado Zoppi

Abstract

Warming-up of the planet and scarcity of conventional energy resources has led to aim of reducing the consumption of fossil fuels and the development of innovative renewable technologies for energy production. However, innovations and investments in renewable energy can encounter resistance of local communities. This makes planning for the development of Renewable Energy Source-based power plants often very difficult. Against this background, we investigate the level of social consensus on and support of the development of an energy plant based on the use of vegetal biomass in Central Sardinia, Italy. The method adopted is Contingent Valuation. Estimates of ex-ante household Willingness To Pay are implemented, as they are important indicators of the social endorsement for the project development. Implications concerning consensus/disagreement on innovative technologies for sustainable energy production are discussed as perspectives of future research.

Suggested Citation

  • Andrea De Montis & Corrado Zoppi, 2009. "Contingent Valuation of renewable energy innovations: vegetal biomass in Italy," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 11(1/2/3), pages 218-233.
    • Handle: RePEc:ids:ijetma:v:11:y:2009:i:1/2/3:p:218-233
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    Cited by:

    1. Azlina, A.A. & Kamaludin, Mahirah & Sin, Moe Shwe, 2018. "Willingness to Pay for Renewable Energy: Evidence from Malaysian’s Households," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 52(3), pages 143-151.
    2. Kwak, So-Yoon & Yoo, Seung-Hoon, 2015. "The public’s value for developing ocean energy technology in the Republic of Korea: A contingent valuation study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 432-439.
    3. Barbara Marchetti & Francesco Corvaro & Fabio Polonara & Mariella Leporini, 2018. "Development of an Innovative and Sustainable Model for Integrating River Maintenance with Energy Production from Residual Biomass," Resources, MDPI, vol. 7(2), pages 1-23, April.
    4. Pinto, Lígia Costa & Sousa, Sara & Valente, Marieta, 2022. "Forest bioenergy as a land and wildfire management tool: Economic valuation under different informational contexts," Energy Policy, Elsevier, vol. 161(C).

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