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Factors affecting public attitudes toward renewable energy: who is ready to go renewable during the energy crisis and why?
Title Factors affecting public attitudes toward renewable energy: who is ready to go renewable during the energy crisis and why? Author info Ján Huňady, Mária Stachová Author Huňady Ján 1985- (50%) UMBEF04 - Katedra financií a účtovníctva
Co-authors Stachová Mária 1981- (50%) UMBEF05 - Katedra kvantitatívnych metód a informačných systémov
Source document Green energy and environmental technology : abstracts book. Pp. 34. - Lisabon : Portuguese Chemical Society, 2024 ; Green Energy and Environmental Technology (GEET-24) medzinárodná konferencia Keywords obnoviteľná energia energetické krízy - energy crisis energetická politika - energy policy Form. Descr. abstrakty - abstracts Language English Country Portugal Annotation The paper aims to identify factors affecting individuals’ attitudes towards renewable energy as well as their willingness to opt for this type of energy during the energy crisis. It closely examines the importance of socio-economic factors such as electricity price, GDP, and the respondent's financial situation, as well as non-economic factors such as gender, age, occupation, and education. Our research also considers theeconomic differences between EU countries and regions and their potential effects. Logistic regression was used as the main method to identify key factors. Other two machine learning techniques (classification trees and random forests,) were further employed to closely examine possible interconnections between factors and explain how people’s attitudes and actions toward renewable energy can be predicted based on them. The combination of these methods for analysing the microlevel survey data is still rather novel in the field. Results show some significant differences in factors affecting respondents’ views on renewable energy and their actual actions. Younger people, people with higher education, and those living in rural areas tend to opt for renewable energy significantly more. On the other hand, people living in regions with more heating and cooling days seem to prefer non-renewable energy. Self-employed people tend to be less enthusiastic about renewable energy as a priority for the EU, but they are more often using this type of energy, as well as energy control equipment. Assuming that utilitarian benefits are affecting customers’ attitudes toward renewable energy, we could explain this decline by benefiting from the increase in tax-deductible expenditures Interestingly, regional GDP seems to play a less significant role in general, but it is still a considerable predictor of attitudes towards renewable energy for some specific cohorts of respondents. Our results allow us to make suggestions for energy policy in the EU. We highlighted the effects of energy prices and socio-economic factors shaping attitudes towards renewable energy. However, we also show that the willingness of households to implement active measures has some different determinants. Policies to support the adoption of renewable energy should consider discovered differences and include tolls to reduce costs, as well as raise awareness about this problem in society, especially in the case of women, the elderly population, and those seeking a jobs. URL https://scik.eu/Lisbon2024/GrAbBo.php Public work category BFA No. of Archival Copy 54692 Catal.org. BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici Database xpca - PUBLIKAČNÁ ČINNOSŤ article
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