TY - JOUR
T1 - Linking the Value of Energy Reliability to the Acceptance of Energy Infrastructure: Evidence from the EU
AU - Cohen, Jed
AU - Moeltner, Klaus
AU - Reichl, Johannes
AU - Schmidthaler, Michael
PY - 2016/8/1
Y1 - 2016/8/1
N2 - Existing studies on the acceptability of energy-related infrastructure have centered around how to overcome the Not-In-My-Backyard phenomenon amongst local stakeholders, focusing primarily on drivers such as community participation and direct economic benefits to impacted areas. To date, none of these contributions have related the acceptability question to the value of power reliability to the same stakeholders. We fill this gap by combining an analysis of outage vulnerability with an examination of infrastructure acceptability using a unique data set from 15 EU countries with household-level information on both aspects of power provision. We find only limited evidence of a positive relationship between local residents' sensitivity to outages and their acceptability of new energy infrastructure projects. This stresses the importance of creating awareness amongst stakeholders on how planned infrastructure expansions relate to energy security for their own household.
AB - Existing studies on the acceptability of energy-related infrastructure have centered around how to overcome the Not-In-My-Backyard phenomenon amongst local stakeholders, focusing primarily on drivers such as community participation and direct economic benefits to impacted areas. To date, none of these contributions have related the acceptability question to the value of power reliability to the same stakeholders. We fill this gap by combining an analysis of outage vulnerability with an examination of infrastructure acceptability using a unique data set from 15 EU countries with household-level information on both aspects of power provision. We find only limited evidence of a positive relationship between local residents' sensitivity to outages and their acceptability of new energy infrastructure projects. This stresses the importance of creating awareness amongst stakeholders on how planned infrastructure expansions relate to energy security for their own household.
KW - Acceptability
KW - Bayesian estimation
KW - Energy infrastructure
KW - NIMBY
KW - Power outages
UR - https://www.researchgate.net/publication/303979641_Linking_the_Value_of_Energy_Reliability_to_the_Acceptance_of_Energy_Infrastructure_Evidence_from_the_EU
UR - http://www.scopus.com/inward/record.url?scp=84975458588&partnerID=8YFLogxK
U2 - 10.1016/j.reseneeco.2016.06.003
DO - 10.1016/j.reseneeco.2016.06.003
M3 - Article
SN - 0928-7655
VL - 45
SP - 124
EP - 143
JO - RESOURCE AND ENERGY ECONOMICS
JF - RESOURCE AND ENERGY ECONOMICS
ER -