Online First

New. Renew. Energy

[ Article ]
New & Renewable Energy
Abbreviation: New. Renew. Energy
ISSN: 1738-3935 (Print) 2713-9999 (Online)
Online publication date 07 Sep 2020
Received 18 May 2020 Revised 05 Jun 2020 Accepted 17 Jun 2020
DOI: https://doi.org/10.7849/ksnre.2020.0013

신재생에너지의 확산이 대기오염 배출 저감에 미치는 영향 분석
배정환1), * ; 정서림2)

Analysis on Impacts of Renewable Energy Promotion on Mitigation of Air Pollution
Bae, Jeong Hwan1), * ; Jung, Seo Rim2)
1)Professor, Department of Economics, Chonnam National University
2)Economist, Non-Bank Analysis Team, Financial Stability Department, The Bank of Korea
Correspondence to : *jhbae@jnu.ac.kr Fax: +82-62-530-1542


© 2020 by the New & Renewable Energy
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

This study analyzed whether the diffusion of new and renewable energy contributed to mitigating emissions of various air pollutants, including particulate matter, using panel econometric models. The theoretical foundation of such econometric models is based on the Environmental Kuznets Curve (EKC) hypothesis, which assumes an inverted U-shaped relation between national income and environmental pollution, as originally proposed by Grossman and Krueger. We examined whether there are inverted U-, U-shaped, or N-shaped relations between national income and air pollution. We demonstrate that increases in new and renewable energy significantly mitigated emissions of CO, NOX, and PM2.5. Additionally, we included NOX, SOX, PM10, and VOCs as secondary emission sources of PM2.5 and found that emission of PM10 resulted in the highest PM2.5 emissions, followed by NOX and SOX emissions. The impact of new and renewable energy on air pollution varied across regions. Increase of new and renewable energy in the Honam region significantly mitigated CO, NOX, and TSP emissions, while that in the Youngnam and metropolitan areas did not significantly mitigate air pollution overall. There was a U-shaped relationship between air pollution and national income for CO, NOX, PM2.5, and SOX, while an inverted N-shape was observed for PM10.


Keywords: New and renewable energy, Air pollutants, PM2.5, Environmental Kuznets curve
키워드: 신재생에너지, 대기오염물질, 초미세먼지, 환경쿠즈네츠곡선