Volume 41: Energy Transitions toward Carbon Neutrality: Part IV

Challenges And Opportunities of the Implementation of NetZero Strategy: Analysis of Key Issues that Affect the Adoption of Domestic Renewable Energy in the UK from Consumers’ Perspective Benjamin Nweke and Amin Al-Habaibeh

https://doi.org/10.46855/energy-proceedings-10986

Abstract

Energy consumption is a recognised global issue, and with the increasing population, there has been a rapid increase in the production of energy to meet the ever-growing demand. However, there is an over-reliance on fossil fuels, which are depletable and cause carbon emission. However, considering the recent international agreements over the need to reduce greenhouse gases that aim to cut greenhouse gas emissions by 50 percent before 2050, it is crucial that research and implementation of Renewable Energy (RE) sources should be made a priority. This study addresses the key stakeholders involved in the supply chain of domestic RE to identify the challenges and opportunities in the implementation of RE in the UK. The methodology involves a survey to customers to identify the reason for implementing, or not, renewable energy technologies in their homes. The results indicate that financial constraints, lack of information, and public acceptance are the main issues that need to be addressed. Therefore, to encourage the adoption of RE, the cost should be subsidised, or addressed via affordable means, to enable consumers to be engaged with clean technologies considering the recent rising costs of electricity.

Keywords Renewable Energy; Solar Energy; Wind Energy; Public Engagement; Supply Chain; NetZero.

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