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Volume
13, No. 1,
June
201
4
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Key Factors and
Recommendations for Adopting Renewable
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Energy Systems by
Families and Firms
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Chiung-Wen Hsu
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Graduate Institute of
Management of Technology, Feng Chia University, Taiwan
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Abstract
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The photovoltaic (PV)
power system is currently the most commonly applied
renewable energy technology. Some nations have
enforced government policies supporting the use of
these systems. Effective policies must reflect the
knowledge of factors driving installation of PV power
generating systems. This study analyzes factors
involved in the adoption of these systems by
businesses and families. The fuzzy analytic hierarchy
process was used to analyze data obtained from
questionnaires filled out by firm executives. The
questionnaires were administered to 10 businesses and
10 families that had adopted a PV power generating
system. The results indicate that key factors differ
significantly between businesses and families.
Business users prioritized reduction in carbon
emissions and social responsibility; family users
prioritized system cost and installation subsidies.
Thus, customized programs promoting adoption may be
necessary for these two sets of users.
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Key words
:
photovoltaic (PV) power
generation system; adoption policy; fuzzy analytic
hierarchy process (AHP)
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JEL classification
:
Q28
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