Myung Eun Lee’s scientific contributions

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Publications (1)


Study on Consumers’ Perceived Benefits and Risks of Smart Energy System
  • Article

May 2024

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39 Reads

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1 Citation

International Journal of Energy Economics and Policy

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Wan Gyu Heo

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Myung Eun Lee

This study explores consumer perceptions of smart energy systems, delving into both the perceived benefits and risks associated with their adoption and usage. This study addresses a crucial gap in understanding the consumer side of smart energy system implementation. Through ordinal logistic regression analysis, the study examines the relationship between various independent variables and an ordinal dependent variable represented on a Likert scale. The findings highlight a significant consumer emphasis on 'Safe Energy System Construction' and 'Economic Benefits,' including 'Home Energy Saving' and 'New Profit Creation.' However, the perceived benefits and risks are influenced by these factors and individual propensities, such as sensitivity to environmental destruction and acceptance of new technology. The study uncovers new areas of concern, exceptionally high energy consumption and the 'Uncertainty of Electricity Rates,' which have not been extensively addressed in previous research. The conclusions drawn from this study suggest a need for balanced policy-making that fosters technological advancement while addressing consumer apprehensions about energy consumption, rate volatility, and privacy. This study contributes to the broader discourse on technology acceptance and the sustainable implementation of smart energy solutions by providing a nuanced understanding of consumer perceptions in the evolving landscape of smart energy systems.

Citations (1)


... When individuals believe in their ability to understand and effectively use technology, they are more inclined to take actions that facilitate its adoption [69]. High self-efficacy can lead to greater exploration of renewable energy benefits, overcoming barriers, and sustained use of the technology [67]. Conversely, low self-efficacy may result in a reluctance to engage with the technology, fear of failure, and ultimately lower adoption rates. ...

Reference:

Role of cybersecurity in microgrid adoption through the UTAUT for energy sustainability
Study on Consumers’ Perceived Benefits and Risks of Smart Energy System
  • Citing Article
  • May 2024

International Journal of Energy Economics and Policy