Companies’ adoption of innovative energy facility: Results of a simultaneous equation approach

Introduction

• CO2 emissions of SMEs in the tertiary sector (such as butchers, barbers, small food shops, restaurants and pubs) are significant.
• Initiatives to reduce CO2 by SME in tertiary sector exist but apply only for basic energy technologies (e.g., normal insulation). Efforts for innovative energy technologies are mostly applied by large organizations that invest in iconic sustainable buildings.