 Heterogeneous choice of home renewable energy equipment conditioning on the choice of electric vehiclesGaofeng Gu and Tao Feng Renewable Energy, 2020, vol. 154, issue C, 394-403 Abstract: New mobility tools like electric vehicle and e-bike have been an important strategy in many cities for the reduction of traffic problems and the implementation of renewable energy infrastructures. The choice of individuals on mobility tools however may depend on the magnitude of a comparable cost. Home renewable energy equipment like solar panel which generates energy at home may potentially reduce the electricity expenditure of e-mobility. This paper therefore aims to investigate the choice behavior of individuals on their home renewable energy equipment conditioning on the choice of mobility tools. More specifically, we identify the differences among individuals in their preferences and the latent groups. Using the stated preference data collected in the city of Weiz, Austria, we estimated a latent class choice model with social demographics representing the user group membership. Results show that the synergy effect between EV and solar panels and self-sufficient home energy system is more attractive to people with low income although their willingness to buy are lower than people with high income. Keywords: Mobility tool; Solar panel; Car sharing; e-bike (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:154:y:2020:i:c:p:394-403 DOI: 10.1016/j.renene.2020.03.007 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.