Shinan-gun Creates 'Population Growth' Miracle with Solar Power Profit Sharing System

The First Policy of the 7th Civilian Administration... Nationwide First Implementation of the 'Renewable Energy Development Profit Sharing System'

Scenic View of Shinan-gun Government Office (Photo by Shinan-gun)

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Sinan County, Jeollanam-do (Governor Park Woo-ryang) has created a miracle of population growth by realizing the first policy of the 7th local government term, the ‘Renewable Energy Development Profit Sharing System,’ for the first time nationwide.

According to the county on the 21st, Sinan County, which is included in the high-risk group for population aging and local extinction crisis, had a population of 118,000 in 1983 that continuously decreased, slightly increased in 2014, but fell below 40,000 in 2020 to 38,938. However, as of June this year, the population increased by 79.

In particular, Anjwa-myeon, which received solar dividend payments of 120,000 to 510,000 KRW per person, saw its population increase by 38 in the second quarter compared to the first quarter. Jido-eup, which is expected to receive dividends around October, led the overall population increase with a net inflow of 51 people, indicating that the solar profit-sharing policy played a significant role.

With the completion of the 100MW Jido and 70MW Sasok projects expected around October, resident dividends will be distributed. Additionally, in 2022, an extra 204MW will be installed in Anjwa-myeon, 100MW each in Imja-myeon and Jeungdo-myeon, and in 2023, 300MW in Bigeum-myeon and 200MW in Sinui-myeon solar power plants are planned.

Regarding offshore wind power, an 8.2GW offshore wind farm is planned to be established by 2030, which is expected to generate about 300 billion KRW in annual resident income upon completion.

Governor Park Woo-ryang of Sinan County said, “The solar profit-sharing policy has become a revolutionary measure for population inflow, and we will continue to promote it so that many young people and urban residents can move in. Also, those under 30 years old can receive solar dividends immediately upon moving in, so it is expected that many young people will be attracted.”

This content was produced with the assistance of AI translation services.