Journal Article

Public preferences for alternative electricity mixes in post-Fukushima Japan

Authors

  • Katrin Rehdanz
  • Carsten Schröder
  • Daiju Narita
  • Toshihiro Okubo
Publication Date

Using representative household survey data from Japan after the Fukushima accident, we estimate peoples' willingness-to-pay (WTP) for renewable, nuclear, and fossil fuels in electricity generation. We rely on random parameter econometric techniques to capture various degrees of heterogeneity between the respondents, and use detailed regional information to assess how WTP varies with the distance to both the nearest nuclear power plant and to Fukushima. Compared to fossil fuels, we find a positive WTP for renewable and a negative WTP for nuclear fuels. These effects, in absolute terms, increase with the proximity to Fukushima.

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Info

JEL Classification
D12, Q40, Q42
DOI
10.1016/j.eneco.2017.04.026

Key Words

  • Electricity mix
  • Fukushima
  • Nuclear power
  • Preference heterogeneity
  • Renewables
  • Spatial heterogeneity
  • Willingness-to-Pay

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