Willingness to pay for green electricity in Korea

• 발행기관: 한국재정학회(구 한국재정·공공경제학회)
• 저자명: So-Yoon Kwak
• 간행물 정보: 『한국재정학회 학술대회 논문집』2008년도 추계학술대회 논문집, 1~27쪽, 전체 27쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2008.10.30

영문 초록

Green electricity is the electricity generated from renewable energy sources such as solar power, wind power, small-scale hydropower, tidal power and biomass power. They do not produce pollutants and are considered environmentally friendly. However, it is more costly, considering current technology and the government should take visible actions to compensate production costs. This paper applies a contingent valuation (CV) method to obtain at least a preliminary evaluation of the benefits of introducing the policy that raises the rate of using green electricity from 0.2% of the total electricity supply to 7% of it by 2011. By analyzing the consumer’s benefits about green electricity policy, we can determine whether the policy is economically desirable.

목차

Abstract

1. Introduction

2. Methodology

3. A Model of WTP

4. Results

5. Concluding Remarks

References

키워드

Contingent valuation Willingness to pay Green Electricity Korea