Heterogeneity in the adoption of Photovoltaic Systems

De Groote, Olivier, Pepermans, Guido and Verboven, Frank (2016) Heterogeneity in the adoption of Photovoltaic Systems. Energy Economics, 59. pp. 45-57.

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Official URL: http://tse-fr.eu/pub/32930

Abstract

We study the determinants of PV adoption in the region of Flanders (Belgium), where PV adoption reached high levels during 2006–2012, because of active government intervention. Based on a unique dataset at a very detailed spatial level, we estimate a Poisson model to explain the heterogeneity in adoption rates. We obtain the following findings. First, local policies have a robust and significant impact on PV adoption. Second, there is a strong unconditional income effect, implying a Matthew effect in the subsidization of PVs. Our third finding is however that this income effect is largely driven by the fact that wealthier households are more likely to adopt because they tend to be higher users, are more frequent house owners, or own houses that are better suited for PV. In several extensions, we consider the determinants of the average size of installed PVs, and the differential impact of certain variables over time.

Item Type: Article
Language: English
Date: 2016
Refereed: Yes
Uncontrolled Keywords: Adoption of photovoltaic systemsRenewable energy sourcesPoisson regression
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 11 Sep 2018 14:29
Last Modified: 11 Sep 2018 14:29
OAI ID: oai:tse-fr.eu:32930
URI: http://publications.ut-capitole.fr/id/eprint/26243

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