7 Key Factors Influencing Market Adoption of New Energy Technologies
New White Paper by OnLocation
The Energy Market is facing a very exciting time, especially when taking into account revolutionary and innovative new technologies. However, given the number of advanced energy technologies that are still in their infancy, the future of the energy market can be difficult to predict.
In this new whitepaper, we cover the seven major factors that influence the adoption rate and long-term impact of an advanced energy technology and how these factors intersect in complicated and difficult-to-predict ways. These factors include:
- Investment Cost
- Performance
- Energy Prices
- Tax Policies
- Environmental Regulations
- Rollover Rate of Technologies Currently In Use
- Consumer Preferences