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Hide and seek: The supply and demand of information for household solar photovoltaic investment
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Applied Thermodynamics and Refrigeration.ORCID iD: 0000-0002-2603-7595
Beteendelabbet AB, Stockholm, Sweden..
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Applied Thermodynamics and Refrigeration.ORCID iD: 0000-0001-7354-6643
2022 (English)In: Energy Policy, ISSN 0301-4215, E-ISSN 1873-6777, Vol. 161, p. 112726-, article id 112726Article in journal (Refereed) Published
Abstract [en]

Buildings provide an ideal platform for solar photovoltaics (PV) towards sustainable development goals, and the decision to invest in PV lies predominantly with building owners. Information delivery is critical for the diffusion of innovations, and this study aims to improve the quality of information for household PV investors in Sweden. A User Journey Mapping approach is applied with a combination of semi-structured interviews and a review of online solar calculators. The results show that despite a rapid growth in the quantity of information there is still a gap between demand and supply due to the lack of clarity and trustworthiness of information. This is clearly demonstrated in the review of online calculators, which show a high variance in results. Payback time, for example, ranged from 7 to 18 years for a single test case. The information gap can be closed by creating neutral, non-commercial online information sources that focus on transparency and education where household investors can validate supplier offers and analyses. The PV industry risks eroding trust in the market, which will likely slow adoption by the early majority and hinder sustainability goals.

Place, publisher, year, edition, pages
Elsevier BV , 2022. Vol. 161, p. 112726-, article id 112726
Keywords [en]
PV, Prosumers, Techno-economic analysis, Investment behavior, Information asymmetry
National Category
Energy Systems
Identifiers
URN: urn:nbn:se:kth:diva-309302DOI: 10.1016/j.enpol.2021.112726ISI: 000745980300004Scopus ID: 2-s2.0-85119910108OAI: oai:DiVA.org:kth-309302DiVA, id: diva2:1641291
Note

QC 20220301

Available from: 2022-03-01 Created: 2022-03-01 Last updated: 2022-06-25Bibliographically approved

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Sommerfeldt, NelsonMadani Larijani, Hatef

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