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Investigating the Factors Impact the Decision to Invest in Rooftop Solar Power in Vietnam

Author

Listed:
  • Duong Thuy Thi Than

    (Electric Power University; Ha Noi, 10000, Viet Nam)

  • Tuan Quang Bui

    (Vietnam Institute of Economics, Viet Nam Academy of Social Sciences, Ha Noi, 10000, Viet Nam)

  • Kien Trung Duong

    (Electric Power University; Ha Noi, 10000, Viet Nam)

  • Trang Mai Tran

    (Vietnam Institute of Economics, Viet Nam Academy of Social Sciences, Ha Noi, 10000, Viet Nam)

Abstract

Renewable energy is one of the alternative solutions for today's increasingly depleted energy sources. Solar energy and rooftop solar systems are new developments in many countries, including Vietnam. However, the investment in rooftop solar systems has not yet been implemented uniformly in Vietnam. This article uses the interview survey method by questionnaire to evaluate the factors affecting the investment in rooftop solar systems in some provinces in Vietnam. The research results show that most factors positively impact the intention to invest in rooftop solar systems. The authors will make some policy suggestions from the research results to increase investment in rooftop solar systems in Vietnam and towards environmentally sustainable development.

Suggested Citation

  • Duong Thuy Thi Than & Tuan Quang Bui & Kien Trung Duong & Trang Mai Tran, 2022. "Investigating the Factors Impact the Decision to Invest in Rooftop Solar Power in Vietnam," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 116-124, May.
    • Handle: RePEc:eco:journ2:2022-03-12
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    References listed on IDEAS

    as
    1. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    2. Crago, Christine Lasco & Chernyakhovskiy, Ilya, 2017. "Are policy incentives for solar power effective? Evidence from residential installations in the Northeast," Journal of Environmental Economics and Management, Elsevier, vol. 81(C), pages 132-151.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    rooftop solar power; theory plan behavior; energy; investment;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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