Analysis of Corporate Acceptance of Hydrogen Energy Technology Based on the Extended Technology Acceptance Model

Jianchao Hou () and Han Wang
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Jianchao Hou: College of Economics and Management, Shanghai University of Electric Power, Shanghai 200090, China
Han Wang: College of Economics and Management, Shanghai University of Electric Power, Shanghai 200090, China

Energies, 2025, vol. 18, issue 4, 1-19

Abstract: Hydrogen holds an important strategic position in the energy systems of many countries. Many studies have analyzed the acceptance of hydrogen energy technology from the public’s perspective, but few have examined it from the corporate perspective. This paper establishes a technology acceptance model and employs structural equation modeling to investigate the factors affecting the acceptance of hydrogen energy technology within enterprises. After conducting questionnaire surveys among employees of energy enterprises, electric power companies, and new energy vehicle manufacturers, the results indicate that, while most of the interviewed enterprises have positive attitudes towards hydrogen technology, their willingness to develop hydrogen business does not appear to be correspondingly positive. In addition, government trust, perceived benefit, and social influence positively impact corporate acceptability indirectly, whereas perceived risk exhibits a negative indirect effect on corporate acceptance. Finally, this paper discusses the results of the above studies and makes corresponding policy recommendations.

Keywords: hydrogen energy; firm acceptance; technology acceptance model; impact factors; policy recommendations (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2025
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