This thesis investigates the determinants of the public acceptance of the floating offshore wind farm development in Ulsan, highlighting the role of the community profit-sharing schemes. The Ulsan project is currently the largest floating offshore win...
This thesis investigates the determinants of the public acceptance of the floating offshore wind farm development in Ulsan, highlighting the role of the community profit-sharing schemes. The Ulsan project is currently the largest floating offshore wind farm plan in the world and aims to install a total capacity of 9GW by 2030. As many cases at home and abroad demonstrated, public acceptance is a key success factor of large-scale renewable projects. Although there are many factors influencing public acceptance, profit-sharing schemes for local communities have recently drawn a significant attention from local residents and policy-makers alike. This thesis examines the individual effects of profit-sharing schemes and further their joint effects with other factors such as prior knowledge, trust, distributive and procedural justice, perceived risks and perceived costs, and perceived benefits. We collected data from a survey of 500 individuals who live in Ulsan and analyzed the data using OLS. The theoretical and policy implications of our empirical findings are discussed.