Quellenangabe:
[Journal:] Journal of Open Innovation: Technology, Market, and Complexity [ISSN:] 2199-8531 [Volume:] 6 [Issue:] 4 [Publisher:] MDPI [Place:] Basel [Year:] 2020 [Pages:] 1-24
Zusammenfassung:
Nuclear power technology (NPT) perception and acceptance have globally emerged asthe most critical questions for the successful integration of NPT into any national energy mix. In itscombination with seawater desalination, NPT provides a sustainable alternative for the security andeconomic efficiency of both energy and fresh water supply, the latter of which has been identifiedas "the bloodstream of the biosphere". Integrating econometric analysis into energy research withsocial science ramifications, this paper relies on bivariate ordered probit regression to study theimpact of youths' interests in the biosphere on their awareness and optimism toward NPT inthe UAE. The model is estimated using maximum likelihood methods, with the results showingeach level increase in UAE youths' biospheric interests, to increase their NPT awareness by 13.5%,while conjointly reducing their optimistic expectations toward the technology by 2.4%. In addition,awareness and expectations about NPT are found to vary heterogeneously across the seven Emiratesof the country. Moreover, accounting for all relevant factors (including respondents' biosphericinterests), formed expectations about NPT are not significantly shaped by NPT awareness. Given thatthe first unit of the UAE's nuclear power plant "Barakah" just became operational in August 2020,our results provide important insights for evidence-based policy making to sustain the nascentnuclear energy program in the long run.