气候变化领域集成服务门户(CCPortal): Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects

CCPortal

DOI	10.1016/j.enpol.2020.111684
	Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects
	Kim K.J.; Lee H.; Koo Y.
发表日期	2020
ISSN	03014215
卷号	144
英文摘要	While renewable energy is an eco-friendly source of electricity, it can be difficult to garner local acceptance when securing sites for renewable energy projects. Local acceptance is an important factor in determining the success of these projects. To elicit local acceptance, governments can consider profit-sharing, in which project developers pay a subsidy to the locals to compensate for the inconvenience of a renewable energy facility. The purpose of this study is to analyze local acceptance levels for photovoltaic and wind power projects in Korea and to evaluate the impact of profit-sharing on the profitability of such projects. Contingent valuation is used to estimate willingness to accept for a baseline renewable energy project. A choice experiment is conducted to estimate a marginal willingness to accept for project attributes. These are combined to simulate the total willingness to accept needed to gain local acceptance. Total willingness to accept for baseline photovoltaic and wind power projects are, respectively, USD 13,815 and USD 27,587 per household for 5 years. Internal rate of return is employed to assess the profitability of such projects. This rate without profit-sharing ranges from 4.49% to 9.50%. Meanwhile, the rate with profit-sharing ranges from −1.67% to 7.64%. © 2020 Elsevier Ltd
关键词	Choice experiment Contingent valuation Local acceptance Photovoltaic power Profit-sharing Wind power
英文关键词	Earnings; Profitability; Wages; Wind power; Choice experiments; Contingent valuations; Internal rate of return; Project developers; Renewable energies; Renewable energy projects; Willingness to accept; Wind power projects; Energy policy; alternative energy; contingent valuation; cost analysis; photovoltaic system; profitability; research work; wind power; South Korea
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204723
作者单位	Graduate School of Engineering Practice, Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul, 08826, South Korea; Technology Management, Economics and Policy Program, College of Engineering, Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul, 08826, South Korea
推荐引用方式 GB/T 7714	Kim K.J.,Lee H.,Koo Y.. Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects[J],2020,144.
APA	Kim K.J.,Lee H.,&Koo Y..(2020).Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects.Energy Policy,144.
MLA	Kim K.J.,et al."Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects".Energy Policy 144(2020).