IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v194y2022icp21-27.html
   My bibliography  Save this article

The role of financial, social and informational mechanisms on willingness to use bioenergy

Author

Listed:
  • Liobikienė, Genovaitė
  • Miceikienė, Astrida

Abstract

In order to implement bioeconomy strategy and seek climate change mitigation, the enhancement of bioenergy production and consumption is required. Looking at a bottom-up approach in which a society can choose its renewable energy supplier, it is important to analyze what mechanisms contribute to the willingness to use bioenergy. In this paper, the Lithuania case, when the citizenry got a chance to choose an independent energy supplier, was considered. Applying the structural equation modelling the impact of financial, social and informational mechanisms, knowledge about bioeconomy and about the benefit on the environment and the willingness to use bioenergy was evaluated. The results showed that the financial mechanism and knowledge about bioenergy and the benefit on the environment influenced the willingness to use bioenergy the most. Information mechanism also influenced this intention. Meanwhile, social mechanism had no effect both on knowledge level and intention to use bioenergy. Therefore, this study could contribute to the formation of bioeconomy policy and the enhancement of bioenergy usage in the household sector.

Suggested Citation

  • Liobikienė, Genovaitė & Miceikienė, Astrida, 2022. "The role of financial, social and informational mechanisms on willingness to use bioenergy," Renewable Energy, Elsevier, vol. 194(C), pages 21-27.
    • Handle: RePEc:eee:renene:v:194:y:2022:i:c:p:21-27
    DOI: 10.1016/j.renene.2022.05.066
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148122007078
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2022.05.066?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Shabbir H. Gheewala & Beau Damen & Xunpeng Shi, 2013. "Biofuels: economic, environmental and social benefits and costs for developing countries in Asia," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 4(6), pages 497-511, November.
    2. Rezaei, Rohollah & Ghofranfarid, Marjan, 2018. "Rural households' renewable energy usage intention in Iran: Extending the unified theory of acceptance and use of technology," Renewable Energy, Elsevier, vol. 122(C), pages 382-391.
    3. Huang, Bin & Xing, Ke & Pullen, Stephen & Liao, Lida & Huang, Kan, 2020. "Ecological–economic assessment of renewable energy deployment in sustainable built environment," Renewable Energy, Elsevier, vol. 161(C), pages 1328-1340.
    4. Stephanie Watts Sussman & Wendy Schneier Siegal, 2003. "Informational Influence in Organizations: An Integrated Approach to Knowledge Adoption," Information Systems Research, INFORMS, vol. 14(1), pages 47-65, March.
    5. Suhaiza Zailani & Mohammad Iranmanesh & Sunghyup Sean Hyun & Mohd Helmi Ali, 2019. "Applying the Theory of Consumption Values to Explain Drivers’ Willingness to Pay for Biofuels," Sustainability, MDPI, vol. 11(3), pages 1-13, January.
    6. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    7. Kardooni, Roozbeh & Yusoff, Sumiani Binti & Kari, Fatimah Binti & Moeenizadeh, Leila, 2018. "Public opinion on renewable energy technologies and climate change in Peninsular Malaysia," Renewable Energy, Elsevier, vol. 116(PA), pages 659-668.
    8. Paravantis, John A. & Stigka, Eleni & Mihalakakou, Giouli & Michalena, Evanthie & Hills, Jeremy M. & Dourmas, Vasilis, 2018. "Social acceptance of renewable energy projects: A contingent valuation investigation in Western Greece," Renewable Energy, Elsevier, vol. 123(C), pages 639-651.
    9. Ji, Qiang & Zhang, Dayong, 2019. "How much does financial development contribute to renewable energy growth and upgrading of energy structure in China?," Energy Policy, Elsevier, vol. 128(C), pages 114-124.
    10. Lutz, Lotte Marie & Fischer, Lisa-Britt & Newig, Jens & Lang, Daniel Johannes, 2017. "Driving factors for the regional implementation of renewable energy ‐ A multiple case study on the German energy transition," Energy Policy, Elsevier, vol. 105(C), pages 136-147.
    11. Yaghoubi, Jafar & Yazdanpanah, Masoud & Komendantova, Nadejda, 2019. "Iranian agriculture advisors' perception and intention toward biofuel: Green way toward energy security, rural development and climate change mitigation," Renewable Energy, Elsevier, vol. 130(C), pages 452-459.
    12. Geoffrey C. Chen & Charles Lees, 2016. "Growing China’s renewables sector: a developmental state approach," New Political Economy, Taylor & Francis Journals, vol. 21(6), pages 574-586, November.
    13. Ossenbrink, Jan & Finnsson, Sveinbjoern & Bening, Catharina R. & Hoffmann, Volker H., 2019. "Delineating policy mixes: Contrasting top-down and bottom-up approaches to the case of energy-storage policy in California," Research Policy, Elsevier, vol. 48(10).
    14. D'Amato, Dalia & Veijonaho, Simo & Toppinen, Anne, 2020. "Towards sustainability? Forest-based circular bioeconomy business models in Finnish SMEs," Forest Policy and Economics, Elsevier, vol. 110(C).
    15. Hee-Hoon Kim & Seul-Ye Lim & Seung-Hoon Yoo, 2019. "Residential Consumers’ Willingness to Pay Price Premium for Renewable Heat in South Korea," Sustainability, MDPI, vol. 11(5), pages 1-14, February.
    16. Ali, Ghaffar & Yan, Ningyu & Hussain, Jafar & Xu, Lilai & Huang, Yunfeng & Xu, Su & Cui, Shenghui, 2019. "Quantitative assessment of energy conservation and renewable energy awareness among variant urban communities of Xiamen, China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 109(C), pages 230-238.
    17. Murakami, Kayo & Ida, Takanori & Tanaka, Makoto & Friedman, Lee, 2015. "Consumers' willingness to pay for renewable and nuclear energy: A comparative analysis between the US and Japan," Energy Economics, Elsevier, vol. 50(C), pages 178-189.
    18. Lee, Chul-Yong & Heo, Hyejin, 2016. "Estimating willingness to pay for renewable energy in South Korea using the contingent valuation method," Energy Policy, Elsevier, vol. 94(C), pages 150-156.
    19. Van Dael, Miet & Lizin, Sebastien & Swinnen, Gilbert & Van Passel, Steven, 2017. "Young people’s acceptance of bioenergy and the influence of attitude strength on information provision," Renewable Energy, Elsevier, vol. 107(C), pages 417-430.
    20. Mandley, S.J. & Daioglou, V. & Junginger, H.M. & van Vuuren, D.P. & Wicke, B., 2020. "EU bioenergy development to 2050," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    21. Halder, Pradipta & Pietarinen, Janne & Havu-Nuutinen, Sari & Pöllänen, Sinikka & Pelkonen, Paavo, 2016. "The Theory of Planned Behavior model and students' intentions to use bioenergy: A cross-cultural perspective," Renewable Energy, Elsevier, vol. 89(C), pages 627-635.
    22. Xu, Xiaofeng & Wei, Zhifei & Ji, Qiang & Wang, Chenglong & Gao, Guowei, 2019. "Global renewable energy development: Influencing factors, trend predictions and countermeasures," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    23. Soon, Jan-Jan & Ahmad, Siti-Aznor, 2015. "Willingly or grudgingly? A meta-analysis on the willingness-to-pay for renewable energy use," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 877-887.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Renata Dagiliūtė, 2023. "Environmental Information: Different Sources Different Levels of Pro-Environmental Behaviours?," Sustainability, MDPI, vol. 15(20), pages 1-14, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liobikienė, Genovaitė & Dagiliūtė, Renata, 2021. "Do positive aspects of renewable energy contribute to the willingness to pay more for green energy?," Energy, Elsevier, vol. 231(C).
    2. Jabeen, Gul & Ahmad, Munir & Zhang, Qingyu, 2021. "Perceived critical factors affecting consumers’ intention to purchase renewable generation technologies: Rural-urban heterogeneity," Energy, Elsevier, vol. 218(C).
    3. Anna Kowalska-Pyzalska, 2019. "Do Consumers Want to Pay for Green Electricity? A Case Study from Poland," Sustainability, MDPI, vol. 11(5), pages 1-20, March.
    4. Kalkbrenner, Bernhard J. & Yonezawa, Koichi & Roosen, Jutta, 2017. "Consumer preferences for electricity tariffs: Does proximity matter?," Energy Policy, Elsevier, vol. 107(C), pages 413-424.
    5. Oerlemans, Leon A.G. & Chan, Kai-Ying & Volschenk, Jako, 2016. "Willingness to pay for green electricity: A review of the contingent valuation literature and its sources of error," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 875-885.
    6. Kim, Hyunggeun & Park, Sangkyu & Lee, Jongsu, 2021. "Is renewable energy acceptable with power grid expansion? A quantitative study of South Korea's renewable energy acceptance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 139(C).
    7. Taheri, Fatemeh & D'Haese, Marijke & Fiems, Dieter & Azadi, Hossein, 2022. "The intentions of agricultural professionals towards diffusing wireless sensor networks: Application of technology acceptance model in Southwest Iran," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    8. Un-Kon Lee, 2021. "The Effect of Confirmation of Nation Brand Image in International Tourism Advertisement on Travel Intention of Foreign Tourists: The Case of Korean ITA for Chinese Tourists," SAGE Open, , vol. 11(1), pages 21582440209, January.
    9. Yadav, Rambalak & Giri, Arunangshu & Chatterjee, Satakshi, 2022. "Understanding the users' motivation and barriers in adopting healthcare apps: A mixed-method approach using behavioral reasoning theory," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    10. Chien-Chi Lin & Chih-Ming Dong, 2023. "Exploring Consumers’ Purchase Intention on Energy-Efficient Home Appliances: Integrating the Theory of Planned Behavior, Perceived Value Theory, and Environmental Awareness," Energies, MDPI, vol. 16(6), pages 1-16, March.
    11. Woo, JongRoul & Moon, Sungho & Choi, Hyunhong, 2022. "Economic value and acceptability of advanced solar power systems for multi-unit residential buildings: The case of South Korea," Applied Energy, Elsevier, vol. 324(C).
    12. Elvira Ismagilova & Emma L. Slade & Nripendra P. Rana & Yogesh K. Dwivedi, 2020. "The Effect of Electronic Word of Mouth Communications on Intention to Buy: A Meta-Analysis," Information Systems Frontiers, Springer, vol. 22(5), pages 1203-1226, October.
    13. Jabeen, Gul & Yan, Qingyou & Ahmad, Munir & Fatima, Nousheen & Jabeen, Maria & Li, Heng & Qamar, Shoaib, 2020. "Household-based critical influence factors of biogas generation technology utilization: A case of Punjab province of Pakistan," Renewable Energy, Elsevier, vol. 154(C), pages 650-660.
    14. Balezentis, Tomas & Streimikiene, Dalia & Mikalauskas, Ignas & Shen, Zhiyang, 2021. "Towards carbon free economy and electricity: The puzzle of energy costs, sustainability and security based on willingness to pay," Energy, Elsevier, vol. 214(C).
    15. Dastan Bamwesigye, 2023. "Willingness to Pay for Alternative Energies in Uganda: Energy Needs and Policy Instruments towards Zero Deforestation 2030 and Climate Change," Energies, MDPI, vol. 16(2), pages 1-21, January.
    16. Choi-Meng Leong & Alexa Min-Wei Loi & Steve Woon, 2022. "The influence of social media eWOM information on purchase intention," Journal of Marketing Analytics, Palgrave Macmillan, vol. 10(2), pages 145-157, June.
    17. Hackbarth, André, 2018. "Attitudes, preferences, and intentions of German households concerning participation in peer-to-peer electricity trading," Reutlingen Working Papers on Marketing & Management 2019-2, Reutlingen University, ESB Business School.
    18. Jun Hao & Xiaolei Sun & Qianqian Feng, 2020. "A Novel Ensemble Approach for the Forecasting of Energy Demand Based on the Artificial Bee Colony Algorithm," Energies, MDPI, vol. 13(3), pages 1-25, January.
    19. Alisa Frik & Luigi Mittone, 2016. "Factors Influencing the Perceived Websites' Privacy Trustworthiness and Users' Purchase Intentions," CEEL Working Papers 1609, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    20. Yu, Ying & Yamaguchi, Kensuke & Thuy, Truong Dang & Kittner, Noah, 2022. "Will the public in emerging economies support renewable energy? Evidence from Ho Chi Minh City, Vietnam," Renewable and Sustainable Energy Reviews, Elsevier, vol. 169(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:194:y:2022:i:c:p:21-27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.