Managing the energy trilemma of reliability, affordability and renewables: Assessing consumer demands with discrete choice experiments

In response to the looming climate crisis, many countries are adopting technologies reduce accumulation of greenhouse gases. However, national energy policies often multiobjective and resolution deeply divisive. The result is a policy trilemma between mix trade-offs with other objectives, including cost reliability. Utilising discrete choice experiment (DCE), objective this study explore Australian household preferences for alternative electricity contracts containing features reflecting changes in future policy. first set include investments renewable generation community-based storage. second reflect demand-side management policies, installing smart meters consumption limits being imposed on households during peak demand. Two versions DCE were developed obtain both willingness pay accept estimates same features. line literature, differences two sets observed, statistically larger some These dollar value measures can be used support public decision-making – which depending context problem considered.