Abstract
This study evaluates the economic value and supports infrastructure development of constructing a circular network to improve natural gas supply stability. This study applies a double-bounded dichotomous choice model and shows that households and commercial users are willing to pay an additional 2.97% and 1.19% of their monthly gas bill, respectively. This study also shows the impact of gas supply understanding and population density on willingness to pay (WTP) for both sectors. Scenario analysis is conducted to analyze the cost-benefit ratio for a hypothetical region, which may be useful in setting up new business plans.
| Original language | English |
|---|---|
| Article number | 101833 |
| Journal | Utilities Policy |
| Volume | 91 |
| DOIs | |
| Publication status | Published - Dec 2024 |
Bibliographical note
Publisher Copyright:© 2024 Elsevier Ltd
Keywords
- Circular network construction
- Commercial use
- Gas supply reliability
- Household use
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