Adoption and Diffusion of Residential Photovoltaics under Heterogeneous Behaviors

Driven by global sustainability goals, residential photovoltaic (PV) has become a key driver in achieving carbon neutrality. Residential PV systems, due to their low cost and ease of installation, are gaining increasing significance. However, uneven regional development in China has posed challenges.This study, based on consumer behavior theory and supported by text analysis, designed a survey to explore significant internal perception factors influencing PV adoption. Hypothesis testing confirmed the importance of these factors. Using agent-based modeling, we incorporated these significant internal perceptions and demographic attributes, along with external factors such as information dissemination, to simulate consumer decision-making and the effectiveness of promotional strategies.The results show that positive perceptions of benefits, ease of use, and lower risk significantly enhance the willingness to adopt PV systems. Furthermore, controlling the scope of information dissemination and leveraging weak ties (such as online networks) are crucial for improving promotional effectiveness. This research offers practical insights for optimizing PV marketing strategies, aiding both Chinas and global green energy transitions.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-06
DOI
https://doi.org/10.54254/2754-1169/2024.17822
Primary Topic
Innovation Diffusion and Forecasting
Type
article
Field-Weighted Citation Impact
0.00
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article

Adoption and Diffusion of Residential Photovoltaics under Heterogeneous Behaviors

Zhizhen Zhong, Xiaoyu Ding, Ziwei Tang, Wanxin Chen et al.
Advances in Economics Management and Political Sciences
Innovation Diffusion and Forecasting
article

Adoption and Diffusion of Residential Photovoltaics under Heterogeneous Behaviors

Zhizhen Zhong, Xiaoyu Ding, Ziwei Tang, Wanxin Chen, Zida Han, Qingchuan Li
article en

Abstract

Driven by global sustainability goals, residential photovoltaic (PV) has become a key driver in achieving carbon neutrality. Residential PV systems, due to their low cost and ease of installation, are gaining increasing significance. However, uneven regional development in China has posed challenges.This study, based on consumer behavior theory and supported by text analysis, designed a survey to explore significant internal perception factors influencing PV adoption. Hypothesis testing confirmed the importance of these factors. Using agent-based modeling, we incorporated these significant internal perceptions and demographic attributes, along with external factors such as information dissemination, to simulate consumer decision-making and the effectiveness of promotional strategies.The results show that positive perceptions of benefits, ease of use, and lower risk significantly enhance the willingness to adopt PV systems. Furthermore, controlling the scope of information dissemination and leveraging weak ties (such as online networks) are crucial for improving promotional effectiveness. This research offers practical insights for optimizing PV marketing strategies, aiding both Chinas and global green energy transitions.

Advances in Economics Management and Political SciencesVol. 104(1)
Central South University of Forestry and Technology (CN), Harbin Institute of Technology (CN)
Openalex Percentile: Top 73%
Innovation Diffusion and Forecasting
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