Gamel, J.; Bauer, A.; Decker, T.; Menrad, K. (2022)
Renewable Energy Volume 182 (January 2022), S. 592-601.
Socially responsible investment (SRI) is an investment strategy which
complies with ethical, social, environmental or corporate governance
criteria. Investments in renewable energies are commonly regarded as
complying with SRI principles. This study aims to deepen the
understanding of individuals' intentions to invest in wind energy. As an
underlying framework the Theory of Planned Behavior's constructs
attitude, subjective norm and perceived behavioral control were used and
statistically tested with an online-survey of 592 participants in 2014.
Further, this theory was extended by adding the constructs consumption
profile and investor profile to the framework. With the inclusion of the
two additional constructs the theoretical model turns to be very
suitable as it doubled the share of explained variance of behavioral
intention from 25% to 50% compared to the Theory of Planned Behavior.
The analysis further shows that subjective norms, perceived behavioral
control, consumption profile and investor experience have statistically
significant influence on investment intentions in wind energy. However,
attitudes towards wind energy investments are not a significant
predictor of investment intentions. We conclude that, apart from the
scientific implications of our results, our findings have practical
applications for the conceptual design of wind energy investments.Financing wind energy projects: An extended theory of planned behavior approach to explain private households’ wind energy investment intentions in Germany
DOI: 10.1016/j.renene.2021.09.108
Peer Reviewed
Langer, K.; Decker, T.; Roosen, J.; Menrad, K. (2018)
Journal of Cleaner Production 175, S. 133-144.
Factors influencing citizens‘ acceptance and non-acceptance of wind energy in Germany
DOI: 10.1016/j.jclepro.2017.11.221
Peer Reviewed
Langer, K.; Decker, T.; Menrad, K. (2017)
Renewable Energy 112 (11), S. 63-73.
Public participation in wind energy projects located in Germany: Which form of participation is the key to acceptance?
DOI: 10.1016/j.renene.2017.05.021
Peer Reviewed
Gamel, J.; Menrad, K.; Decker, T. (2017)
Sustainable Production and Consumption 12 (10), S. 90-103.
Which factors influence retail investors’ attitudes towards investments in renewable energies?
DOI: 10.1016/j.spc.2017.06.001
Peer Reviewed
Langer, K.; Decker, T.; Menrad, K.; Roosen, J. (2016)
Renewable and Sustainable Energy Reviews 64, S. 248-259.
A qualitative analysis to understand the acceptance of wind energy in Bavaria
DOI: 10.1016/j.rser.2016.05.084
Peer Reviewed
Gamel, J.; Menrad, K.; Decker, T. (2016)
Energy Research & Social Science 14, S. 22-32.
Is it really all about the return on investment? Exploring private wind energy investors' preferences
DOI: 10.1016/j.erss.2016.01.004
Peer Reviewed
Menrad, K. (2015)Akzeptanz von Bürger-Windkraftbeteiligungsmodellen
PhD student | Dr. rer. pol. Katharina Langer |
---|---|
Research focus | Renewable energies |
Duration | - 2018-04-28 |
Scientific supervisor HSWT | Prof. Dr. Klaus Menrad |
Institutions |
Fakultät Gartenbau und Lebensmitteltechnologie TUM Campus Straubing |
Scientific supervisor (extern) | Technische Universität München | Prof. Dr. Jutta Roosen |
PhD student | Dr. rer. pol. Johannes Gamel |
---|---|
Research focus | Renewable energies |
Duration | - 2018-04-26 |
Scientific supervisor HSWT | Prof. Dr. Klaus Menrad |
Institutions |
Fakultät Gartenbau und Lebensmitteltechnologie TUM Campus Straubing |
Scientific supervisor (extern) | Technische Universität München | Prof. Dr. David Wozabal |