Meerman, Hugo (2024) SOLAR PANEL INVESTMENT DETERMINANTS. Bachelor thesis.
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Abstract
This study embarks on an in-depth exploration of the factors influencing solar panel adoption in Dutch households, utilising data from the WoOnonderzoek 2021 survey. Through binary logistic regression analysis and a comprehensive literature review, key determinants impacting the decision to adopt solar panels were identified. The research underscores the significance of sustainability-related factors, household characteristics and socio-demographic factors as primary influencers in the decision-making process for solar panel adoption. The analysis categorises influential factors into five groups: economic factors, socio-demographic factors, housing characteristics, sustainability-related factors and location-specific factors. Among these, the presence of electric vehicles, house size, and the age of the household head were identified as notable determinants. Contrary to common assumptions, economic factors such as disposable income and monthly electricity costs emerged as having a less pronounced impact, providing new insights into the dynamics of solar panel adoption in the Dutch context. This thesis contributes valuable perspectives to the academic discourse on renewable energy adoption and offers practical insights for policy-making and sustainability initiatives. By pinpointing the factors that facilitate or hinder solar panel adoption, this study aids in formulating targeted strategies to accelerate the transition to sustainable energy sources within Dutch households.
| Item Type: | Thesis (Bachelor) |
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| Degree programme: | Human Geography and Planning |
| Supervisor: | Liu, X. |
| Date Deposited: | 28 Feb 2024 14:58 |
| Last Modified: | 28 Feb 2024 14:58 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4460 |
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