Factors influencing consumers' willingness to adopt renewable energy technologies: A paradigm to alleviate energy poverty

被引:0
|
作者
Batool, Kiran [1 ]
Zhao, Zhen-Yu [1 ]
Irfan, Muhammad [2 ,3 ,4 ,5 ,6 ]
机构
[1] North China Elect Power Univ, Sch Econ & Management, Beijing Key Lab New Energy & Low Carbon Dev, Beijing 102206, Peoples R China
[2] ILMA Univ, Dept Business Adm, Karachi 75190, Pakistan
[3] Shandong Management Univ, Business Sch, Jinan 250357, Peoples R China
[4] Azerbaijan State Univ Econ UNEC, European Ctr Econ, Istiqlaliyyat Str 6, Baku, Azerbaijan
[5] Adv Res Ctr European Univ Lefke, TR-10 Mersin, Lefke, Northern Cyprus, Turkiye
[6] Western Caspian Univ, Dept Econ & Business, AZ-1001 Baku, Azerbaijan
基金
北京市自然科学基金;
关键词
Energy poverty; Renewable energy technology; Crime concern; Consumers' willingness; Extended theory of planned behavior; India; MODEL; CHINA;
D O I
10.1016/j.energy.2024.133005
中图分类号
O414.1 [热力学];
学科分类号
摘要
Energy poverty is a persistent issue in India, impeding environmental and socio-economic progress. The transition from conventional to renewable energy technology offers the optimal alternative solution to alleviate this significant issue. However, successful adoption of these technologies heavily depends on the consumers' willingness. This study aims to evaluate the factors influencing consumers' willingness to adopt renewable energy technologies to alleviate energy poverty. Additionally, this study added a further novel factor (crime concern) with the existing factors (belief about renewable technology benefits expectation, renewable energy technology cost, environmental concern, subjective norms) to the extended theory of planned behavior. The analysis confirmed that consumers' strong belief system, environmental concerns and subjective norms positively impact the consumers' willingness to adopt reliable and affordable renewable energy. Cost and crime concern negatively influence consumers' willingness to use this optimal technology. Interestingly, the findings of this study indicate that the consumers' willingness to adopt renewable energy technologies has a notable impact on alleviating energy poverty. This study provides significant insights for governments, renewable energy technology manufacturers, and other relevant stakeholders to enhance the widespread uptake of renewable energy technology among consumers to achieve sustainable energy development goals in the context of energy poverty alleviation.
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页数:11
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