Santinah Green-Mignacca, M. Rostami, Scott Bucking
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How Experiencing Extreme Climate Change Events Can Impact People’s Willingness to Pay During a Power Outage: A Case Study from the Ottawa, ON 2022 Derecho
This study addresses critical gaps by evaluating Willingness to Pay (WTP) in Canada, the factors influencing it, and its application in averting future power outages stemming from extreme weather events. A comprehensive survey was conducted polling 403 Ottawa residents regarding their experiences, impacts, and WTP concerning the May 2022 derecho weather and consequent power disruptions. The findings reveal a notable disparity in WTP between individuals enduring extended power outages (exceeding four days) and increased experienced costs. Results from a linear regression analysis show that upgrades for increased home resilience to power outages cost $(590 to 990)/m2 more than a homeowner would be willing-to-pay. These results offer valuable insights for various stakeholders, aiding in projecting WTP and discerning investment thresholds for cost-effective and attainable resilience solutions, thereby facilitating the resilience enhancement process.
期刊介绍:
The Canadian Journal of Civil Engineering is the official journal of the Canadian Society for Civil Engineering. It contains articles on environmental engineering, hydrotechnical engineering, structural engineering, construction engineering, engineering mechanics, engineering materials, and history of civil engineering. Contributors include recognized researchers and practitioners in industry, government, and academia. New developments in engineering design and construction are also featured.