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  • A system dynamics model for renewable energy technology adoption of the hotel sector

    Author(s)
    Dhirasasna, NiNa
    Sahin, Oz
    Griffith University Author(s)
    Sahin, Oz
    Dhirasasna, Nina
    Year published
    2021
    Metadata
    Show full item record
    Abstract
    Promoting renewable energy technology (RET) adoption among the hotel sector would reduce its emissions given that the hotel sector consumes high amounts of electricity. Previous research suggests that the adoption of RET in the hotel sector includes an interplay between incentive policies, technology advancement, tourist behaviour and hotelier perception of RET. However, a quantitative model is needed to triangulate the results. System dynamics simulation, in conjunction with the Generalized Bass model, was used to model RET adoption for the hotel sector in Queensland, Australia. The sensitivity analysis was used to determine ...
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    Promoting renewable energy technology (RET) adoption among the hotel sector would reduce its emissions given that the hotel sector consumes high amounts of electricity. Previous research suggests that the adoption of RET in the hotel sector includes an interplay between incentive policies, technology advancement, tourist behaviour and hotelier perception of RET. However, a quantitative model is needed to triangulate the results. System dynamics simulation, in conjunction with the Generalized Bass model, was used to model RET adoption for the hotel sector in Queensland, Australia. The sensitivity analysis was used to determine the leverage point(s) of RET adoption. The results demonstrated that the adoption rate follows the S-curve growth only when the market condition is favourable; technology performance leverages RET adoption more than the government incentives; and hotelier and tourist perceptions act as market accelerators, triggering more adopters to follow suit.
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    Journal Title
    Renewable Energy
    Volume
    163
    DOI
    https://doi.org/10.1016/j.renene.2020.10.088
    Subject
    Electrical and Electronic Engineering
    Mechanical Engineering
    Interdisciplinary Engineering
    Science & Technology
    Green & Sustainable Science & Technology
    Energy & Fuels
    Science & Technology - Other Topics
    Publication URI
    http://hdl.handle.net/10072/402658
    Collection
    • Journal articles

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