IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i7p2636-d337410.html
   My bibliography  Save this article

Public Preference for Increasing Natural Gas Generation for Reducing CO 2 Emissions in South Korea

Author

Listed:
  • Seong-Jae Seo

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Ju-Hee Kim

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Seung-Hoon Yoo

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

Abstract

To meet international efforts to prevent climate change, the South Korean government is seeking to transform its main power source from coal to natural gas (NG), which emits less carbon dioxide (CO 2 ) than coal. The government needs information about public preferences for increasing NG-fired generation. Therefore, the purpose of this paper is to provide the government with this information by gathering the data on public preferences for increasing NG-fired generation for reducing CO 2 emissions, analyzing these data, and obtaining the implications from the analysis. To this end, a survey of 1000 people, after explaining the merits and demerits of NG-fired power, were asked to determine the proper ratio of NG-fired generation by choosing one of six examples: lower than 10%, 10%–20%, 20%–30%, 30%–40%, 40%–50%, and higher than 50%. An interval data model was employed to deal with the data. The average value of the ratio was estimated to be 26.7% with statistical significance, which is greater than the actual value of 22.2% from 2017. Finally, whether and how much some variables such as education level, age, gender, and income level of the respondent affected their preferences for NG-fired generation were investigated.

Suggested Citation

  • Seong-Jae Seo & Ju-Hee Kim & Seung-Hoon Yoo, 2020. "Public Preference for Increasing Natural Gas Generation for Reducing CO 2 Emissions in South Korea," Sustainability, MDPI, vol. 12(7), pages 1-14, March.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:7:p:2636-:d:337410
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/7/2636/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/12/7/2636/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Seul-Ye Lim & Hyo-Jin Kim & Seung-Hoon Yoo, 2017. "South Korean Household’s Willingness to Pay for Replacing Coal with Natural Gas? A View from CO 2 Emissions Reduction," Energies, MDPI, vol. 10(12), pages 1-9, December.
    2. Greenberg, Michael, 2009. "Energy sources, public policy, and public preferences: Analysis of US national and site-specific data," Energy Policy, Elsevier, vol. 37(8), pages 3242-3249, August.
    3. Travis Roach, 2017. "Renewable energy and low-carbon policy spillover effects on natural gas demand," Applied Economics Letters, Taylor & Francis Journals, vol. 24(16), pages 1143-1147, September.
    4. Md. Samsul Alam & Sudharshan Reddy Paramati & Muhammad Shahbaz & Mita Bhattacharya, 2017. "Natural gas, trade and sustainable growth: empirical evidence from the top gas consumers of the developing world," Applied Economics, Taylor & Francis Journals, vol. 49(7), pages 635-649, February.
    5. Alberini Anna, 1995. "Efficiency vs Bias of Willingness-to-Pay Estimates: Bivariate and Interval-Data Models," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 169-180, September.
    6. Apergis, Nicholas & Payne, James E., 2010. "Natural gas consumption and economic growth: A panel investigation of 67 countries," Applied Energy, Elsevier, vol. 87(8), pages 2759-2763, August.
    7. Dong, Kangyin & Sun, Renjin & Hochman, Gal, 2017. "Do natural gas and renewable energy consumption lead to less CO2 emission? Empirical evidence from a panel of BRICS countries," Energy, Elsevier, vol. 141(C), pages 1466-1478.
    8. Rongrong Li & Min Su, 2017. "The Role of Natural Gas and Renewable Energy in Curbing Carbon Emission: Case Study of the United States," Sustainability, MDPI, vol. 9(4), pages 1-18, April.
    9. Hyo-Jin Kim & Ju-Hee Kim & Seung-Hoon Yoo, 2018. "Do People Place More Value on Natural Gas Than Coal for Power Generation to Abate Particulate Matter Emissions? Evidence from South Korea," Sustainability, MDPI, vol. 10(6), pages 1-10, May.
    10. Dong, Kangyin & Sun, Renjin & Li, Hui & Liao, Hua, 2018. "Does natural gas consumption mitigate CO2 emissions: Testing the environmental Kuznets curve hypothesis for 14 Asia-Pacific countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 419-429.
    11. Ga-Eun Kim & Hye-Jeong Lee & Seung-Hoon Yoo, 2018. "Willingness to Pay for Substituting Coal with Natural Gas-Based Combined Heat and Power in South Korea: A View from Air Pollutants Emissions Mitigation," Sustainability, MDPI, vol. 10(5), pages 1-12, May.
    12. Cameron, Trudy Ann & Huppert, Daniel D., 1989. "OLS versus ML estimation of non-market resource values with payment card interval data," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 230-246, November.
    13. Chae, Yeoungjin & Kim, Myunghwan & Yoo, Seung-Hoon, 2012. "Does natural gas fuel price cause system marginal price, vice-versa, or neither? A causality analysis," Energy, Elsevier, vol. 47(1), pages 199-204.
    14. Ozturk, Ilhan & Al-Mulali, Usama, 2015. "Natural gas consumption and economic growth nexus: Panel data analysis for GCC countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 998-1003.
    15. Destek, Mehmet Akif, 2016. "Natural gas consumption and economic growth: Panel evidence from OECD countries," Energy, Elsevier, vol. 114(C), pages 1007-1015.
    16. Jang, Jinyong & Lee, Jongsu & Yoo, Seung-Hoon, 2014. "The public׳s willingness to pay for securing a reliable natural gas supply in Korea," Energy Policy, Elsevier, vol. 69(C), pages 3-13.
    17. Brand, Bernhard & Missaoui, Rafik, 2014. "Multi-criteria analysis of electricity generation mix scenarios in Tunisia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 251-261.
    18. Ediger, Volkan Ş. & Kirkil, Gokhan & Çelebi, Emre & Ucal, Meltem & Kentmen-Çin, Çiğdem, 2018. "Turkish public preferences for energy," Energy Policy, Elsevier, vol. 120(C), pages 492-502.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hyung-Seok Jeong & Ju-Hee Kim & Seung-Hoon Yoo, 2021. "South Korean Public Acceptance of the Fuel Transition from Coal to Natural Gas in Power Generation," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    2. Ogali, Oscar I.O. & Okoro, Emeka E. & Olafuyi, Saburi G., 2023. "Assessing consensus on nexus between natural gas consumption and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 187(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Li, Wei & Lu, Can, 2019. "The multiple effectiveness of state natural gas consumption constraint policies for achieving sustainable development targets in China," Applied Energy, Elsevier, vol. 235(C), pages 685-698.
    2. Hyung-Seok Jeong & Ju-Hee Kim & Seung-Hoon Yoo, 2021. "South Korean Public Acceptance of the Fuel Transition from Coal to Natural Gas in Power Generation," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    3. Obsatar Sinaga & Mohd Haizam Mohd Saudi & Djoko Roespinoedji & Mohd Shahril Ahmad Razimi, 2019. "The Dynamic Relationship between Natural Gas and Economic Growth: Evidence from Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 388-394.
    4. Wu, Dong & Geng, Yong & Pan, Hengyu, 2021. "Whether natural gas consumption bring double dividends of economic growth and carbon dioxide emissions reduction in China?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
    5. Jiang, Hongdian & Dong, Xiucheng & Jiang, Qingzhe & Dong, Kangyin, 2020. "What drives China's natural gas consumption? Analysis of national and regional estimates," Energy Economics, Elsevier, vol. 87(C).
    6. Gyeong-Sam Kim & Hyo-Jin Kim & Seung-Hoon Yoo, 2019. "Optimal Share of Natural Gas in the Electric Power Generation of South Korea: A Note," Sustainability, MDPI, vol. 11(13), pages 1-6, July.
    7. Magazzino, Cosimo & Mele, Marco & Schneider, Nicolas, 2021. "A D2C algorithm on the natural gas consumption and economic growth: Challenges faced by Germany and Japan," Energy, Elsevier, vol. 219(C).
    8. Sarvar Gurbanov, 2021. "Role of Natural Gas Consumption in the Reduction of CO 2 Emissions: Case of Azerbaijan," Energies, MDPI, vol. 14(22), pages 1-14, November.
    9. Eleftherios Thalassinos & Marta Kadłubek & Le Minh Thong & Tran Van Hiep & Erginbay Ugurlu, 2022. "Managerial Issues Regarding the Role of Natural Gas in the Transition of Energy and the Impact of Natural Gas Consumption on the GDP of Selected Countries," Resources, MDPI, vol. 11(5), pages 1-22, April.
    10. Victoria Oluwatoyin Foye & Oluwasegun Olawale Benjamin, 2021. "Natural gas consumption and economic performance in selected sub‐Saharan African countries: A heterogeneous panel ARDL analysis," African Development Review, African Development Bank, vol. 33(3), pages 518-532, September.
    11. Akadiri, Ada Chigozie & Akadiri, Seyi Saint & Gungor, Hasan, 2019. "The role of natural gas consumption in Saudi Arabia's output and its implication for trade and environmental quality," Energy Policy, Elsevier, vol. 129(C), pages 230-238.
    12. Azam, Anam & Rafiq, Muhammad & Shafique, Muhammad & Zhang, Haonan & Yuan, Jiahai, 2021. "Analyzing the effect of natural gas, nuclear energy and renewable energy on GDP and carbon emissions: A multi-variate panel data analysis," Energy, Elsevier, vol. 219(C).
    13. Yiming He & Shaohui Gao, 2017. "Gas Consumption and Metropolitan Economic Performance: Models and Empirical Studies from Guangzhou, China," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 121-126.
    14. Marques, António Cardoso & Pires, Patrícia Silva, 2019. "Is there a resource curse phenomenon for natural gas? Evidence from countries with abundant natural gas," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    15. Byaro, Mwoya & Msafiri, Derick, 2021. "The uncertainty of natural gas consumption in Tanzania to support economic development. Evidence from Bayesian estimates," African Journal of Economic Review, African Journal of Economic Review, vol. 9(4), September.
    16. Aydin, Mucahit, 2018. "Natural gas consumption and economic growth nexus for top 10 natural Gas–Consuming countries: A granger causality analysis in the frequency domain," Energy, Elsevier, vol. 165(PB), pages 179-186.
    17. Dong, Kangyin & Hochman, Gal & Zhang, Yaqing & Sun, Renjin & Li, Hui & Liao, Hua, 2018. "CO2 emissions, economic and population growth, and renewable energy: Empirical evidence across regions," Energy Economics, Elsevier, vol. 75(C), pages 180-192.
    18. Erdoğan, Seyfettin & Gedikli, Ayfer & Kırca, Mustafa, 2019. "A note on time-varying causality between natural gas consumption and economic growth in Turkey," Resources Policy, Elsevier, vol. 64(C).
    19. Fadiran, Gideon & Adebusuyi, Adebisi T. & Fadiran, David, 2019. "Natural gas consumption and economic growth: Evidence from selected natural gas vehicle markets in Europe," Energy, Elsevier, vol. 169(C), pages 467-477.
    20. Dong, Kangyin & Jiang, Qingzhe & Shahbaz, Muhammad & Zhao, Jun, 2021. "Does low-carbon energy transition mitigate energy poverty? The case of natural gas for China," Energy Economics, Elsevier, vol. 99(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:7:p:2636-:d:337410. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.