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dc.contributor.authorHuh, Sung-Yoon
dc.contributor.authorWoo, JongRoul
dc.contributor.authorLee, Chul-Yong
dc.date.accessioned2019-06-24T18:37:23Z
dc.date.available2019-06-24T18:37:23Z
dc.date.issued2019-03
dc.date.submitted2019-03
dc.identifier.issn1996-1073
dc.identifier.urihttps://hdl.handle.net/1721.1/121394
dc.description.abstractTo increase acceptance of new nuclear power plants (NPPs) by local communities, some countries offer those communities economic incentives. This study analyzes potential residents’ preferences for economic incentives provided during the construction and operation of NPPs in South Korea. This study uses stated preference data through a discrete choice experiment and the mixed logit model to reflect the heterogeneity of respondents’ preferences. The analysis results confirm heterogeneity by various incentive types, and show that respondents consider the distance between the NPP and the residential area as well as reduced electricity bills as crucial attribute of new NPPs. In addition, the result for the marginal willingness to be near to an NPP shows that reduced electricity bills, construction of new public facilities, and increased residents’ participation are relatively more effective incentives than job creation or solar panel installation. In particular, increased residents’ participation could greatly improve acceptance although it is not a direct form of financial support. The simulation analysis results indicate that acceptance of NPPs rapidly reduces as distance to the plant becomes shorter, although acceptance can change within a 0-30% range depending on the level of incentives. Several policy implications are suggested for policymakers based on the results. Keywords: nuclear power plant; economic incentive; renewable energy; public acceptance; attitudesen_US
dc.publisherMultidisciplinary Digital Publishing Instituteen_US
dc.relation.isversionofhttp://dx.doi.org/10.3390/en12071199en_US
dc.rightsCreative Commons Attributionen_US
dc.sourceMultidisciplinary Digital Publishing Instituteen_US
dc.titleWhat Do Potential Residents Really Want When Hosting a Nuclear Power Plant? An Empirical Study of Economic Incentives in South Koreaen_US
dc.typeArticleen_US
dc.identifier.citationHuh, Sung-Yoon et al. "What Do Potential Residents Really Want When Hosting a Nuclear Power Plant? An Empirical Study of Economic Incentives in South Korea." Energies 12, 7 (March 2019): 1199 © 2019 The Authorsen_US
dc.contributor.departmentMassachusetts Institute of Technology. Institute for Data, Systems, and Societyen_US
dc.relation.journalEnergiesen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2019-03-29T19:40:23Z
dspace.date.submission2019-04-04T12:45:02Z
mit.journal.volume12en_US
mit.journal.issue7en_US


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