Determinants of Technology Acceptance of Solar Photovoltaic in Private Buildings/Sector in Pakistan

Abstract

The cornerstone of a nation's stable economic progress hinges on the availability of a dependable energy supply. Energy security stands as a pivotal component of economic development and societal stability, as it serves as the fundamental input for all production processes. Against the backdrop of a rising global warming trend, the adoption of renewable energy technologies as alternative energy sources has evolved into a technological innovation endeavor with far-reaching implications for the environment, public health, and energy security. The world is moving towards the adaptation of Sustainable energy to be utilized for different purposes. Notably, energy consumption within private buildings and sectors plays a central role in the renewable energy supply chain. Gaining insights into the factors influencing the acceptance of Solar PV technologies holds paramount importance for government bodies and regulatory agencies in the implementation of specific power generation solutions. The main sources of energy across the word are fossils fuels, which emit enormous amount of Greenhouse gases. To avoid the production of greenhouse gases, we should be opted for Renewable energy. As far, from the literature review, RE sources which have been identified are: Solar, Hydropower, Wind Power, Geothermal and Biodiesel. Pakistan ranks as the seventh most vulnerable nation in the discourse on climate change. The alterations in the country's natural climate are primarily attributed to a surge in CO2 emissions. Research indicates that the efforts to satisfy the energy demands of Pakistan's expanding population have resulted in an annual emission of 14,500 million metric tons of CO2. Energy generation from unclean sources has led to a 65% increase in CO2 emissions compared to the typical trend. This substantial emissions scenario has contributed to a global mean temperature increase of 2.23 degrees Celsius by 2020. The persistent growth in emissions, reaching 226,562,500 metric tons, is projected to correspond to a 7.6-degree Celsius rise in global mean temperature by 2050.