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The policy issues for improvement of the Korean energy policies and implications of foreign energy poverty indicators

Ha-Hyun Jo and Hae-Dong Kim
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Ha-Hyun Jo: Yonsei Univ
Hae-Dong Kim: Yonsei Univ

No 2019rwp-148, Working papers from Yonsei University, Yonsei Economics Research Institute

Abstract: The objective of this research is not only to review recent energy poverty indicators including the famous indicators but to provide policy implications through the review of those. A general overview is first presented. The methodologies and energy poverty indicators which have been proposed in the various literature to measure and define energy poverty are a great deal of variety. There are two main approaches about the energy poverty indicators, objective indicators and subjective indicators. Specifically, objective indicators are divided into two parts as first generation that contributing to defining energy poverty and second generation. Also, in order to provide policy implications of domestic, the authors review two main selection criteria of energy policies. This study suggests the ways to improve the selection criteria of energy policies so that narrowing the gap of those by considering the energy efficiency and the residual income, and distinguishing the energy poverty from the income poverty.

Keywords: energy poverty; energy poverty indicators; energy policy; gaps in the energy policy; energy voucher; energy efficiency (search for similar items in EconPapers)
Pages: 33pages
Date: 2019-09
New Economics Papers: this item is included in nep-ene
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