Evolution and Determinants of Consumer Interest in Renewable Energy in Ecuador: A Temporal Perspective

Diana Margarita Vera Arroyo, Mariuxi Elizabeth Garcés Wila, José Gilberto Argandoña Moreira, Francisco Abel Gresely Santi and Jonathan Patricio Cárdenas-Ruperti
Additional contact information
Diana Margarita Vera Arroyo: Luis Vargas Torres Technical University of Esmeraldas, Ecuador
Mariuxi Elizabeth Garcés Wila: Luis Vargas Torres Technical University of Esmeraldas, Ecuador
José Gilberto Argandoña Moreira: Luis Vargas Torres Technical University of Esmeraldas, Ecuador
Francisco Abel Gresely Santi: Luis Vargas Torres Technical University of Esmeraldas, Ecuador
Jonathan Patricio Cárdenas-Ruperti: Luis Vargas Torres Technical University of Esmeraldas, Ecuador

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 4, 642-653

Abstract: Through an empirical analysis of the evolution of Ecuadorian consumers' interest in renewable energy and the factors influencing it, this study seeks to provide an understanding of the popularity and uptake of clean energy in a Latin American country with a significant renewable energy sector. Relevant data on economic and socio-environmental variables were collected and the effect of these variables on indicators of consumer interest in renewable energy was evaluated. The results indicate that Ecuadorian consumers' interest in renewable energy has shown a growth trend in recent years and is influenced by multiple factors, such as the relative production of renewable energy, energy prices and information about natural disasters. Overall, this research contributes to understanding the dynamics of public interest in renewable energy in developing economies such as Ecuador, emphasizing the importance of understanding the evolution of consumer perspective considering not only cost-benefit relationships but also responses to environmental events.

Keywords: Renewable Energies; Consumer Interest; Energy Industry; Ecuador (search for similar items in EconPapers)
JEL-codes: M14 P48 Q42 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/16338/8071 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/16338 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2024-04-60

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().