LAPSE:2023.34356
Published Article

LAPSE:2023.34356
Quantifying Public Preferences for Community-Based Renewable Energy Projects in South Korea
April 25, 2023
Abstract
Under the new climate regime, renewable energy (RE) has received particular attention for mitigating the discharge of greenhouse gas. According to the third energy master plan in South Korea, by 2040, 30−35% of the energy demand must met with RE sources. To ensure relevant policy design to achieve this goal, it is crucial to analyze the public’s willingness to accept community-based RE projects. This study conducted a nationwide survey to understand the opinion of the public and also that of local inhabitants living near a RE project. A choice experiment was employed to measure public preferences toward RE projects. The analysis reveals that the type of energy source, distance to a residential area, and annual percentage incentives could affect acceptance levels. Additionally, investment levels were a factor in local inhabitants’ acceptance of energy-related projects. This study presents the relevant policy implications in accordance with the analysis results.
Under the new climate regime, renewable energy (RE) has received particular attention for mitigating the discharge of greenhouse gas. According to the third energy master plan in South Korea, by 2040, 30−35% of the energy demand must met with RE sources. To ensure relevant policy design to achieve this goal, it is crucial to analyze the public’s willingness to accept community-based RE projects. This study conducted a nationwide survey to understand the opinion of the public and also that of local inhabitants living near a RE project. A choice experiment was employed to measure public preferences toward RE projects. The analysis reveals that the type of energy source, distance to a residential area, and annual percentage incentives could affect acceptance levels. Additionally, investment levels were a factor in local inhabitants’ acceptance of energy-related projects. This study presents the relevant policy implications in accordance with the analysis results.
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Keywords
choice experiment, multinomial logit models, Renewable and Sustainable Energy, willingness to accept
Subject
Suggested Citation
Tanujaya RR, Lee CY, Woo J, Huh SY, Lee MK. Quantifying Public Preferences for Community-Based Renewable Energy Projects in South Korea. (2023). LAPSE:2023.34356
Author Affiliations
Tanujaya RR: Interdisciplinary Program of Science and Technology Policy, Pukyong National University, 365 Sinseon-ro, Nam-gu, Busan 48547, Korea
Lee CY: School of Business, Pusan National University, 2 Busandaehak-ro 63beon-gil, Geumjeong-gu, Busan 46241, Korea
Woo J: Graduate School of Energy and Environment (KU-KIST Green School), Korea University, 145 Anam-ro, Seongbuk-gu, Seoul 02841, Korea
Huh SY: Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology, 232 Gongneung-ro, Nowon-gu, Seoul 01811, Korea [ORCID]
Lee MK: Graduate School of Management of Technology, Pukyong National University, 365 Sinseon-ro, Nam-gu, Busan 48547, Korea [ORCID]
Lee CY: School of Business, Pusan National University, 2 Busandaehak-ro 63beon-gil, Geumjeong-gu, Busan 46241, Korea
Woo J: Graduate School of Energy and Environment (KU-KIST Green School), Korea University, 145 Anam-ro, Seongbuk-gu, Seoul 02841, Korea
Huh SY: Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology, 232 Gongneung-ro, Nowon-gu, Seoul 01811, Korea [ORCID]
Lee MK: Graduate School of Management of Technology, Pukyong National University, 365 Sinseon-ro, Nam-gu, Busan 48547, Korea [ORCID]
Journal Name
Energies
Volume
13
Issue
9
Article Number
E2384
Year
2020
Publication Date
2020-05-10
ISSN
1996-1073
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PII: en13092384, Publication Type: Journal Article
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https://doi.org/10.3390/en13092384
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Apr 25, 2023
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