Economic Effects of Renewable Energy Expansion Policy
Computable General Equilibrium Analysis for Korea
Datos Bibliográficos
| ID | 15501477 |
|---|---|
| Autores | Inha Oh (0000-0002-4247-1703, Konkuk University), WangJin Yoo (Konkuk University, autor de correspondencia), Ki-Hwan Kim (0000-0002-2882-4816, Korea Energy Economics Institute) |
| Año | 2020 |
| Volumen | 17 |
| Número | 13 |
| Páginas | 4762-4762 |
| Fecha de publicación | 2020-07-02 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | International Journal of Environmental Research and Public Health (JOURNAL) |
| Identificadores de la revista | ISSN: 1661-7827 • E-ISSN: 1660-4601 |
| Editorial | Multidisciplinary Digital Publishing Institute (PUBLISHER • CH) |
| DOI | 10.3390/ijerph17134762 |
| PMID | 32630703 |
| OpenAlex | W3038539247 |
| Idioma | EN |
| Citas recibidas | 1 |
| Referencias citadas | 3 |
This study examines the effects of renewable energy expansion policy on the Korean economy and industries using the computable general equilibrium model, which divides the power generation sector into detailed generation technologies and sources. The scenarios are set to observe the cases where the share of solar photovoltaic and wind power generation reaches 7%. The effects are examined according to differing circumstances, such as when greenhouse gas (GHG) emissions are regulated, and the funding source for renewable expansion varies. The results show that renewable expansion policies have negative effects on GDP. However, the magnitude of the GDP decline becomes smaller when GHG emissions are regulated. The expansion of renewable energy induces the growth of upstream industries which supply components for renewable generation modules. Regarding employment, the renewable expansion policy can increase the demand for labor. However, the direction and the extent of the effect vary depending on the funding source. When overlapping regulations, such as the emission trading scheme and renewable energy expansion policies, exist in the power generation sector, the renewable energy expansion policy could provide incentives for GHG emission-intensive power sources
Computable general equilibrium · Economics · Energy policy · Environmental economics · Feed-in tariff · Greenhouse gas · Incentive · Microeconomics · Natural resource economics · Photovoltaic system · Renewable energy · Renewable energy credit · Upstream (networking · Climate Change Policy and Economics · Energy, Environment, Economic Growth · Engineering · Social Acceptance of Renewable Energy
| Obras citantes distintas | 1 |
|---|---|
| Citas por año | 0,33 |
| Intervalo de citas | 2023 - 2023 (1) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 1 |