Details zur Publikation |
Kategorie | Textpublikation |
Referenztyp | Zeitschriften |
DOI | 10.1016/j.erss.2024.103710 |
Lizenz | |
Titel (primär) | How can energy-relevant investment decisions be boosted? The role of events as initiators and drivers of the decision process |
Autor | Haefner, G.; Kastner, I.; Deuß, A.; Meier, J.-N.; Beer, K.; Schmidt, K.; Lehmann, P.; Matthies, E. |
Quelle | Energy Research & Social Science |
Erscheinungsjahr | 2024 |
Department | OEKON |
Band/Volume | 117 |
Seite von | art. 103710 |
Sprache | englisch |
Topic | T5 Future Landscapes |
Keywords | Investment decisions; Stage model; Households; Renewable heating systems; Energy-efficient insulation; EV purchases |
Abstract | Households
can make fundamental contributions to reaching carbon reduction targets
by means of high-impact energy-relevant investments. Using a stage
model of decision-making, we analyzed which external factors, i.e.,
strong and disruptive events, make households consider such investments
and may push their decision process forward. Three investment types were
investigated: renewable heating systems, energy-efficient insulation
measures and electric vehicle (EV) purchases. N = 812 German
homeowners, living in existing single- or two-family houses, were
questioned. As expected, a great majority of the participants could be
allocated to the early stages of decision-making, i.e., they either do
not consider an investment at all or they are still unsure whether to do
so. Thus, we focused on these early stages in the following part of our
analysis, employing several ordinal logit regression (OLR) analyses.
The analyses revealed that the investments in renewable heating systems
and energy-efficient insulation measures are related to economic,
ecological, and social events. The importance of specific events for the
decision-making process differed, though, depending on the type of
investment and the point of decision-making investigated. The propensity
to invest in an EV was influenced mainly by the necessity to buy a new
car, while ecological and economical events played a relevant role, too.
The findings provide insights for the design of intervention strategies
that empower households to make energy-relevant investments, thereby
not only considering the type of investment, but also the stage of
decision-making households are in. |
dauerhafte UFZ-Verlinkung | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=29489 |
Haefner, G., Kastner, I., Deuß, A., Meier, J.-N., Beer, K., Schmidt, K., Lehmann, P., Matthies, E. (2024): How can energy-relevant investment decisions be boosted? The role of events as initiators and drivers of the decision process Energy Res. Soc. Sci. 117 , art. 103710 10.1016/j.erss.2024.103710 |