Carbon Capture and Storage on its way to large-scale deployment: Social acceptance and willingness to pay in Germany

Abstract

Carbon Capture and Storage (CCS) is an emerging technology to mitigate greenhouse gas emissions from fossil fuel-fired power plants. In the wake of a rapidly changing German energy system, CCS can play an important role. By means of an online survey among 130 university students in Dresden, this paper investigates the level and influencing factors of social acceptance of CCS. Furthermore, the individual willingness to pay for CCS and renewable power delivery is measured and compared through a choice model. The survey results reveal that the attitude towards CCS is neutral. Moreover, it is shown that acceptance of CCS is an important factor for the willingness to pay. The level of willingness to pay for CCS technology is much lower than for renewable energy.