Drivers of renewable technology adoption in the household sector

By Anke Jacksohn, Peter Grösche, Katrin Rehdanz, Carsten Schröder. Energy Economics, 2019

159 citations recorded by the source corpus.

Using representative household survey panel data from Germany, we undertake a simultaneous assessment of the importance of factors that have individually been found significant for the adoption of renewable energy systems but have never been tested jointly. These are sociodemographic and housing characteristics, environmental concern, personality traits, and economic factors, i.e. the expected costs of and revenue from the investment. Our results suggest that household decisions to invest in photovoltaic systems and solar thermal facilities are mainly driven by the economic factors. Taking account of sociodemographic and housing characteristics, environmental concern or personality traits has comparatively little relevance, while the quantitative nexus between the decision to invest and returns on the investment is robust to their inclusion.

Subfields: Management, Monitoring, Policy and Law, Pollution, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/fd23299698622d0a2c5eda5e46cbea14d9a5d1c9

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In Management, Monitoring, Policy and Law

  1. Emily Schulte
  2. Thomas Bruckner
  3. Fabian Scheller
  4. D. Sloot

In Pollution

  1. Emily Schulte
  2. Thomas Bruckner
  3. Fabian Scheller
  4. D. Sloot

In Sociology and Political Science

  1. Emily Schulte
  2. Thomas Bruckner
  3. Fabian Scheller
  4. D. Sloot

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