Which (co-)ownership types in renewables are associated with the willingness to adopt energy-efficient technologies and energy-conscious behaviour? Data from German households
Lucas Roth,
Jens Lowitzsch and
Özgür Yildiz
Energy Policy, 2023, vol. 180, issue C
Abstract:
Emission reduction in the energy sector is built on two main pillars: a shift from fossil fuels to renewable sources and using available energy more efficiently. While renewable electricity production experienced a substantial acceleration in capacity building in the past ten years, energy demand - despite longstanding policy efforts – is still constantly on the rise worldwide. This paper combines both aspects analysing whether different (co-)ownership types in renewables in the residential sector are associated with an increased inclination to invest in energy-efficient appliances or to behave more energy consciously. To do so, we estimate an analysis of covariance using a sample with demographic and electricity consumption data from 1454 German households. Our results show that, in general, (co-)owners of renewable energy installations are more willing to invest in energy-efficient technologies than people who are not involved with renewables. However, there are differences between (co-)ownership types. People who have the choice between self-consumption and sale to third parties or the grid, i.e., fully-fledged prosumers, show the strongest inclination to invest in energy efficiency. Further, when analysing energy savings through adapted behaviour, solely this (co-)ownership group shows an increased propensity for conscious energy consumption behaviour.
Keywords: Renewable energy; Consumer ownership; Energy efficiency; Behavioural change; Energy-conscious consumption behaviour; Analysis of covariance (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:180:y:2023:i:c:s0301421523002689
DOI: 10.1016/j.enpol.2023.113683
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