Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2016.11.044 |
Is the Korean public willing to pay for a decentralized generation source? The case of natural gas-based combined heat and power | |
Kim, Hyo-Jin; Lim, Seul-Ye; Yoo, Seung-Hoon | |
2017-03-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 102 |
文章类型 | Article |
语种 | 英语 |
国家 | South Korea |
英文摘要 | Natural gas (NG)-based combined heat and power (CHP) plants can be installed near electricity-consuming areas and do not require large-scale and long-distance power transmission facilities. This paper attempts to assess the public's additional willingness to pay (WTP) for substituting consumption of a unit of electricity generated from nuclear power plant, currently a dominant power generation source in Korea, with that produced from NG-based CHP plant in terms of decentralized generation using the contingent valuation (CV) method. To this end, a CV survey of 1,000 households was implemented. The results show that the mean additional WTP for substituting nuclear power plant by NG-based CHP plant is estimated to be KRW 55.3 (USD 0.047) per kWh of electricity, which is statistically significant at the 1% level. This value amounts to 44.7% of the average price for electricity, KRW 123.69 (USD 0.106) in 2015, which implies that the public are ready to shoulder a significant financial burden to achieve the substitution. Moreover, the value can be interpreted as an external cost of nuclear power generation relative to NG-based CHP generation, or as an external benefit of NGbased CHP generation relative to nuclear power generation with a view to decentralized generation. |
英文关键词 | Decentralized generation Natural gas Combined heat and power Contingent valuation Willingness to pay |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000397357200013 |
WOS关键词 | RENEWABLE ENERGY ; TRANSMISSION-LINES ; CONTINGENT ; PREFERENCES ; BENEFITS ; MODELS ; COST |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/17705 |
专题 | 气候变化 |
作者单位 | Seoul Natl Univ Sci & Technol, Grad Sch Energy & Environm, Dept Energy Policy, 232 Gongreung Ro, Seoul 01811, South Korea |
推荐引用方式 GB/T 7714 | Kim, Hyo-Jin,Lim, Seul-Ye,Yoo, Seung-Hoon. Is the Korean public willing to pay for a decentralized generation source? The case of natural gas-based combined heat and power[J]. ENERGY POLICY,2017,102. |
APA | Kim, Hyo-Jin,Lim, Seul-Ye,&Yoo, Seung-Hoon.(2017).Is the Korean public willing to pay for a decentralized generation source? The case of natural gas-based combined heat and power.ENERGY POLICY,102. |
MLA | Kim, Hyo-Jin,et al."Is the Korean public willing to pay for a decentralized generation source? The case of natural gas-based combined heat and power".ENERGY POLICY 102(2017). |
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