External benefits of biomass-e in Spain: An economic valuation

descriptionPublicationkeyboard_double_arrow_right Article 01 Mar 2010 English Publisher:Elsevier BVJournal:Bioresource Technology, volume 101, pages 1,992-1,997 (issn: 0960-8524,

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Authors: Soliño, M.;

doi: 10.1016/j.biortech.2009.09.086

pmid: 19900807

handle: 10261/293893

External benefits of biomass-e in Spain: An economic valuation

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Abstract

This article analyses the willingness to pay for a program that promotes the production of electricity from forest biomass, instead of that based on fossil fuels. The program decreases greenhouse gas emissions, reduces the pressure on non-renewable resources, lowers the risk of summer forest fires, creates employment in rural areas. Results from a choice experiment show that consumers are willing to pay a higher price for electricity in order to obtain the external benefits of the substitution. Respondents attach a higher value to programs that decrease the pressure of non-renewable resources and the risk of forest fires.

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Keywords

Risk, Rural Population, Energy-Generating Resources, Fossil Fuels, Decision Making, Conservation of Energy Resources, Trees, Choice experiment, Non-market valuation, Models, Economic, Electricity, Spain, Public Opinion, Humans, Biomass, Biotechnology

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