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Willingness to Pay for Electric Vehicles and Vehicle-to-Grid Applications: A Nordic Choice Experiment

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We present the results from a choice experiment conducted across Denmark Finland, Iceland,
Norway and Sweden focusing on electric vehicles and vehicle-to-grid technology. The survey involved the
entire Nordic region and had more than 4,000 respondents choosing between two versions of electric vehicles
(some including vehicle-to-grid capability) as well as their preferred gasoline vehicle. We analyzed the data
using a mixed logit model and present the willingness to pay for driving range, acceleration, recharging time,
fuel source, and vehicle-to-grid capability. In addition, due to the cross-national nature of our data, we also
present willingness-to-pay comparisons between the five Nordic countries. We find that certain attributes, like
driving range and recharging time, are substantially higher than previous estimates, whereas others, like
acceleration are lower. In addition, we find that some attributes vary across the five countries (such as driving
range), whereas other attributes remain constant. Finally, we find that vehicle-to-grid capability, divorced of
onerous contracts, is significantly positive, but only for some countries, whereas in other countries it has no
value, implying greater education and awareness of vehicle-to-grid is necessary if it is to accelerate electric
vehicle adoption.

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Ketersediaan

EJ20180

My Library

Tersedia

Informasi Detil

Judul Seri

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No. Panggil

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Penerbit

: ., 2018

Deskripsi Fisik

22 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Energy Economics ENEECO 4259

Subyek

-

Info Detil Spesifik

Ejurnal

Pernyataan Tanggungjawab

-

Versi lain/terkait

Lampiran Berkas

Komentar

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