A Study on the Interdependence in Sustainable Mobility Tools and Home Energy Equipment Choices

Abstract

Energy consumption in transportation and households are the main two sections of energy consumption in Europe. To cope with the challenges raised by energy security, sustainability, and pollution, great efforts have been made to encourage the transition from fossil fuel vehicles to electric vehicles and car sharing. In terms of households, home renewable energy equipment such as heat pumps and solar panels are promising solutions. To accelerate the diffusion of these promising and environmentally friendly technologies, an abundance of studies has investigated the factors that impact the adoption of them. Most of the existing literature considered the choice behavior of vehicle types and choice behavior of energy equipment to be exogenous to other. Charging electric vehicles at home will lead to an increase in home energy costs. It is important to understand to what extent a household’s decision to purchase new mobility tools or energy equipment is affected by the other. This paper, therefore, attempts to investigate the correlation between the choice of home energy equipment and the choice of new mobility tools. An inverted sequence stated preference experiment was designed and conducted in the Netherlands to examine the interdependence of mobility tools choice and home energy equipment choice. Two logit models were presented to investigate how the choice of mobility tools and energy equipment impact each other. Results indicate that the promoting effect between electric vehicles and solar panels is bidirectional, while the promoting effect between electric vehicles and heat pumps is unidirectional.