Lithuanian Consumer's Willingness to Pay and Feed-in Prices for Renewable Electricity

The paper aims to assess the willingness to pay (WTP) for renewable electricity of Lithuanian households and to compare WTP of Lithuanian consumers with support provided for renewable by Lithuanian government in terms of Feed-in prices. The paper reviews the situation of renewable electricity generation and consumption in Lithuania and presents the results of empirical study aiming at assessment of Lithuanian household’s willingness to pay for electricity produced from renewables. The results of study indicated that the WTP of Lithuanian households is significantly lower than subsides for renewable electricity provided in the form of Feed-in prices in Lithuania. Therefore feed-in prices need to be revising taking into account WTP of Lithuanian consumers.

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Year of publication:	2014
Authors:	Streimikiene, Dalia ; Mikalauskiene, Asta
Published in:	Amfiteatru Economic Journal. - Bucharest : The Bucharest University of Economic Studies, ISSN 2247-9104. - Vol. 16.2014, 36, p. 594-605
Publisher:	Bucharest : The Bucharest University of Economic Studies
Subject:	renewable electricity \| assessment of willingness to pay (WTP) \| feed-in tariffs

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	hdl:10419/168846 [Handle] RePEc:aes:amfeco:v:36:y:2014:i:16:p:594 [RePEc]
Classification:	D1 - Household Behavior and Family Economics ; D18 - Consumer Protection ; Q42 - Alternative Energy Sources ; H31 - Household
Source:	EconStor

Persistent link: https://www.econbiz.de/10011724872