EVALUATION OF PUBLIC PREFERENCES FOR THE "MURKRAFTWERK GRAZ" IN AUSTRIA USING A CHOICE EXPERIMENT

30th June 2014, 08:45 - 10:30

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Session: Environmental Valuation: Recreation Services and Open Space III
Chaired By: Mara Thiene, Dep.TESAF, University of Padua
When & Where: 30th June 2014, 08:45 - 10:30, Room 6
Presented By: Andrea Klinglmair, Institute for Advanced Studies Carinthia
Co-Author(s): Roy Brouwer, Institute for Environmental Studies - VU University Amsterdam and Markus Gilbert Bliem, Institute for Advanced Studies Carinthia

This paper applies a choice experiment to quantify the multiple impacts associated with a planned hydropower station in Austria, known as “Murkraftwerk Graz”. Clear evidence was obtained that the people living around the project are willing to incur extra costs for the provision of households with green electricity from the new hydropower installation and the improvement of recreational possibilities. However, they wish to be compensated for the loss of nature and landscape the new hydropower plant is associated with. Strong environmental impacts lead to a significant welfare loss indicating that it is extremely important to hold the environmental impact as small as possible when a new hydropower station is built.

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