Jeju Island in South Korea may transform into an environmentally friendly industrial city

【Global Economics Reporter Wang Huan】 “Nihon Keizai Shimbun” reported on March 21st that the management of Jeju Island in South Korea such as Jeju Island has taken actions to transform from a tourist city into an environmentally friendly industrial city, and will train the use of renewable energy for power generation. Business and pure electric vehicle (EV) related business. It is hoped that this will help support difficult citrus farmers and purify the air that becomes turbid due to thermal power generation. Under the background of the THAAD problem that led to the reduction of Chinese tourists, Jejudo hopes to use its charm beyond tourism to support local residents. Data map “Small-scale farmers are very difficult to manage. After listening to the plans of the Jeju National Government, I made a determination.” In 2016, Kotasu, who had cultivated citrus for 20 years in Jeju, decided to abandon agriculture and participate in the photovoltaic power generation business promoted by the government. Taishi has about 700 pings (about 2314 m2) of farmland in the area. After the US-South Korea Free Trade Agreement (FTA) took effect in 2012, the import tariffs on citrus in the United States were lowered, which brought a huge blow to Korean citrus farmers. According to Mr. Shih Tae-fu, the amount of money spent on fertilizers and hiring when farmers are busy is only about one million won per year (approximately RMB 6,100). In response to this situation, the Jeju government has extended its help. That is cooperation with large engineering companies and financial institutions in South Korea. The government has planned citrus farmer leased farmland to enterprises, and then the company has carried out photovoltaic power generation projects on farmland. From 2016, it has strongly urged farmers to participate. According to Jin Fanguan, who is responsible for the energy business at the Jeju Economic and Commerce Bureau, "Last year was the first year, about 100 people participated." In the project, the company sells electricity to the Korea Electric Power Company and pays part of the proceeds to farmers as land rent. The key to the project is that farmers only rent land. The funds for setting up photovoltaic panels are raised by companies themselves, and loans to the financial institutions will not be guaranteed by the land. As a result, the risk of failure is borne by companies and financial institutions. In the case of Yu Taishi, "Each year is expected to receive 18 million won (approximately RMB 110,000) of income." The land for rent will be returned after 20 years. The background is the Governor of Jeju Dojo's plan "to build Jeju Island into a new generation of cities using renewable energy." Some people pointed out that Jeju Road had used thermal power generation in the past, and after entering the 2000s, coupled with the exhaust emissions caused by the popularity of automobiles, clean air, once a major selling point, was contaminated. Yuan Xilong proposed a goal to convert all the electricity used into renewable energy such as photovoltaic and wind power by 2030. At present, renewable energy has accounted for 11% of the total electricity used. In addition, he also put forward another ambitious goal, that is to replace more than 370,000 vehicles currently used by 2030 to pure electric vehicles. At present, there are only more than 6,000 pure electric vehicles on Jeju Road. From 2014, Jeju Road will hold the “International Electric Vehicle Expo” in March each year. At the expo, car manufacturers in countries such as China, Japan and Germany show and promote the latest pure electric vehicles to consumers. "I think the air on the island has become clean." Zheng Haogui, who runs the car rental company, commented on the policy effect of Jejudo. On the other hand, he said that if only relying on pure electric vehicles, the car rental business will not be able to carry out. The mileage of pure electric vehicles is lower than that of gasoline vehicles, and the selling price is also high. Even if you use a quick-charge pole, it takes 30 minutes to fully charge it, and it takes only 1 to 2 minutes for the petrol car to fill up. According to South Korean media reports, the charging pile failure in Jeju Island was frequent in 2016 and was not used. Photovoltaic power generation equipment may also fail after 5 to 10 years. The key to the successful transformation of Jeju-do into an environmental industrial city lies in the government’s active participation in the maintenance of various equipment.