Explaining Willingness to Pay for Solar Panels in Finland

D. Kuperstein-Blasco, S. J. Makinen

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

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Abstract

This manuscript investigates the role of the preventive quality of photovoltaic (PV) systems in willingness to pay (WTP). We build on existing studies to investigate which factors influence WTP behavior through a survey with 284 respondents in Finland. We find that higher WTP is associated with higher concerns for preventing emissions and climate change, the need for more public talk on environmental issues, and an overall favorable attitude towards PV technologies. Since WTP behavior concerning PV panels is highly context-specific, we discuss our findings with earlier WTP studies of different contexts and provide future research avenues.

Original languageEnglish
Title of host publication2022 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
PublisherIEEE
Pages1406-1410
Number of pages5
ISBN (Electronic)978-1-6654-8687-3
DOIs
Publication statusPublished - 2022
Publication typeA4 Article in conference proceedings
EventIEEE International Conference on Industrial Engineering and Engineering Management - Kuala Lumpur, Malaysia
Duration: 7 Dec 202210 Dec 2022

Conference

ConferenceIEEE International Conference on Industrial Engineering and Engineering Management
Country/TerritoryMalaysia
City Kuala Lumpur
Period7/12/2210/12/22

Keywords

  • photovoltaic systems
  • solar panel
  • Willingness to pay

Publication forum classification

  • Publication forum level 1

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Industrial and Manufacturing Engineering
  • Safety, Risk, Reliability and Quality

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