DOI: 10.1016/j.enpol.2020.111684
论文题名: Research on local acceptance cost of renewable energy in South Korea: A case study of photovoltaic and wind power projects
作者: Kim K.J. ; Lee H. ; Koo Y.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 144 语种: 英语
中文关键词: 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
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 Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167274
Appears in Collections: 气候变化与战略
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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
Recommended Citation:
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]. Energy Policy,2020-01-01,144