Korean Energy Economic Review ISSN:1599-7057(Print) 에너지경제연구

The 8th electricity supply basic plan adds significances on environmental protection and public safety to the 7th planning, which aimed to achieve reliability and efficiency in generation mix. According to the new plan, nuclear and coal-fired power plants are planned to be phased out steadily, while renewable energy and LNG power plants are to enter to the system. Benefits from projected LNG power plants would include economic impacts from constructing and operating new LNG-powered generating stations. This research estimates induced impacts by constructing and operating a 900 MW LNG with the Input-Output Table 2010 benchmark. Construction is estimated to give the production induced coefficient of 2.258, value-added induced coefficient of 0.684, employment induced coefficients of 6.2people/ mil.won. Operations is estimated to result in the production induction coefficient of 1.176, value-added induction coefficient of 0.554, employment induction coefficients of 1.1 people/mil. Won. Comparing to previous studies, induced impacts by increasing LNG power generations are estimated to be equal or greater those induced by renewable energy.