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Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems

Research output: Journal contributions › Journal articles › Research › peer-review

Standard

Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems. / Ecker, Franz; Spada, Hans; Hahnel, Ulf J.J.
In: Energy Policy, Vol. 122, 11.2018, p. 214-228.

Research output: Journal contributions › Journal articles › Research › peer-review

Harvard

Ecker, F, Spada, H & Hahnel, UJJ 2018, 'Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems', Energy Policy, vol. 122, pp. 214-228. https://doi.org/10.1016/j.enpol.2018.07.028

APA

Ecker, F., Spada, H., & Hahnel, U. J. J. (2018). Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems. Energy Policy, 122, 214-228. https://doi.org/10.1016/j.enpol.2018.07.028

Vancouver

Ecker F, Spada H, Hahnel UJJ. Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems. Energy Policy. 2018 Nov;122:214-228. doi: 10.1016/j.enpol.2018.07.028

Bibtex

@article{f8b29afac73648c68bf988b4f21725a9,
title = "Independence without control: Autarky outperforms autonomy benefits in the adoption of private energy storage systems",
abstract = "Decentralized energy storage systems (ESS) are a promising means to more effectively match the supply and demand of fluctuating renewable energies. In most countries, however, ESS market share is small and whether or not the technology will attain a critical market share is subject to homeowners{\textquoteright} investment decisions. For policy and industry alike, it is of particular interest to identify factors that drive ESS adoption. Empirically addressing this question, we hypothesized that the factors autarky and autonomy aspirations crucially determine ESS adoption decisions. In two studies (Ntotal = 489), sketching future decentralized energy scenarios, we found evidence for the importance of both factors for homeowners{\textquoteright} evaluations of the technology. However, only autarky significantly affected homeowners{\textquoteright} willingness to pay extra for ESS, in that homeowners invested more in the technology when autarky was higher (Study 1) or autarky benefits were emphasized (Study 2). In accordance with concepts aspiring to optimize energy flow on the low-voltage grid level (e.g. Smart Neighborhoods), we additionally examined the influence of autarky and autonomy aspirations on homeowners{\textquoteright} willingness to exchange self-generated energy within a local energy network. Results showed that emphasis on autarky increased the subjective value of self-generated energy, decreasing the likelihood of peer-to-peer energy trading.",
keywords = "Autonomy, Decentralized energy storage systems, Energy autarky, Peer-to-peer energy trading, Purchase motives, Technology adoption, Sustainability sciences, Management & Economics",
author = "Franz Ecker and Hans Spada and Hahnel, {Ulf J.J.}",
note = "Publisher Copyright: {\textcopyright} 2018 Elsevier Ltd",
year = "2018",
month = nov,
doi = "10.1016/j.enpol.2018.07.028",
language = "English",
volume = "122",
pages = "214--228",
journal = "Energy Policy",
issn = "0301-4215",
publisher = "Elsevier B.V.",

}

RIS

TY - JOUR

T1 - Independence without control

T2 - Autarky outperforms autonomy benefits in the adoption of private energy storage systems

AU - Ecker, Franz

AU - Spada, Hans

AU - Hahnel, Ulf J.J.

N1 - Publisher Copyright: © 2018 Elsevier Ltd

PY - 2018/11

Y1 - 2018/11

N2 - Decentralized energy storage systems (ESS) are a promising means to more effectively match the supply and demand of fluctuating renewable energies. In most countries, however, ESS market share is small and whether or not the technology will attain a critical market share is subject to homeowners’ investment decisions. For policy and industry alike, it is of particular interest to identify factors that drive ESS adoption. Empirically addressing this question, we hypothesized that the factors autarky and autonomy aspirations crucially determine ESS adoption decisions. In two studies (Ntotal = 489), sketching future decentralized energy scenarios, we found evidence for the importance of both factors for homeowners’ evaluations of the technology. However, only autarky significantly affected homeowners’ willingness to pay extra for ESS, in that homeowners invested more in the technology when autarky was higher (Study 1) or autarky benefits were emphasized (Study 2). In accordance with concepts aspiring to optimize energy flow on the low-voltage grid level (e.g. Smart Neighborhoods), we additionally examined the influence of autarky and autonomy aspirations on homeowners’ willingness to exchange self-generated energy within a local energy network. Results showed that emphasis on autarky increased the subjective value of self-generated energy, decreasing the likelihood of peer-to-peer energy trading.

AB - Decentralized energy storage systems (ESS) are a promising means to more effectively match the supply and demand of fluctuating renewable energies. In most countries, however, ESS market share is small and whether or not the technology will attain a critical market share is subject to homeowners’ investment decisions. For policy and industry alike, it is of particular interest to identify factors that drive ESS adoption. Empirically addressing this question, we hypothesized that the factors autarky and autonomy aspirations crucially determine ESS adoption decisions. In two studies (Ntotal = 489), sketching future decentralized energy scenarios, we found evidence for the importance of both factors for homeowners’ evaluations of the technology. However, only autarky significantly affected homeowners’ willingness to pay extra for ESS, in that homeowners invested more in the technology when autarky was higher (Study 1) or autarky benefits were emphasized (Study 2). In accordance with concepts aspiring to optimize energy flow on the low-voltage grid level (e.g. Smart Neighborhoods), we additionally examined the influence of autarky and autonomy aspirations on homeowners’ willingness to exchange self-generated energy within a local energy network. Results showed that emphasis on autarky increased the subjective value of self-generated energy, decreasing the likelihood of peer-to-peer energy trading.

KW - Autonomy

KW - Decentralized energy storage systems

KW - Energy autarky

KW - Peer-to-peer energy trading

KW - Purchase motives

KW - Technology adoption

KW - Sustainability sciences, Management & Economics

UR - http://www.scopus.com/inward/record.url?scp=85050691916&partnerID=8YFLogxK

U2 - 10.1016/j.enpol.2018.07.028

DO - 10.1016/j.enpol.2018.07.028

M3 - Journal articles

AN - SCOPUS:85050691916

VL - 122

SP - 214

EP - 228

JO - Energy Policy

JF - Energy Policy

SN - 0301-4215

ER -

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DOI

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