Harnessing Sunlight: Xin'an County's Pioneering "Solar Pension" for a Sustainable Future


Harnessing Sunlight: Xin'an County's Pioneering "Solar Pension" for a Sustainable Future

Harnessing Sunlight Xin'an County's Pioneering Solar Pension for a Sustainable Future


In a groundbreaking move toward sustainable energy and community prosperity, residents of Bigeum-myeon in Sinan County, Jeollanam-do, are set to experience the benefits of a "solar pension" from the upcoming 200-megawatt solar power plant. This initiative, scheduled to commence in 2024, promises not just environmentally conscious power generation but also a financial boon for the community.

The 'Bigeum-myeon New and Renewable Energy Residents' Cooperative' opens the door to this unique opportunity. By becoming a member with a nominal fee of 10,000 won, residents can enjoy quarterly payments, potentially amounting to 6 million won annually per person, starting from spring 2024. This "Sunlight Pension" serves as a testament to Xin'an County's commitment to sharing the benefits of renewable energy development with its citizens.

Already a success on neighboring islands like Anzu, Jido, Saebok, and Jarado, where 28% of the population has been receiving these benefits since April 2021, the program extends eligibility to newly born babies and those under 40 who recently moved to Xin'an. Household income sees a boost with more children, aligning the initiative with broader demographic goals.

Furthermore, Xin'an County introduces a "sunshine child allowance" from 2023, ensuring civilians under 18 receive 200,000 won twice a year. This innovative step is part of the county's "Residents' Profit Sharing System for New and Renewable Energy Development," aiming to share profits from solar power generation with the local community.

Xin'an County stands as a beacon for sustainable energy practices, implementing a system that encourages renewable energy developers to share profits with residents. The ambitious goal of generating 10GW of solar and offshore wind power by 2030, equivalent to the output of 10 nuclear power plants, underscores Xin'an's commitment to a green future.

Bijeumdo, home to the upcoming solar power plant, is not just historically significant for its sea salt and spinach 'seomcho.' It becomes a symbol of forward-thinking environmental stewardship. As Xin'an County produces 80% of the country's sea salt, the solar initiative becomes a dual-purpose strategy, benefitting both the environment and the local economy.

The transformation of salt fields into solar power plants symbolizes Xin'an County's dedication to harnessing local assets. The county's ambitious plans for renewable energy aim not only to secure a sustainable future but also to provide a de facto basic income of 500,000 won per month to all residents by 2030.


 Frequently Asked Questions (FAQ)

  • Q: What is the "solar pension" in Bigeum-myeon? A: It's a payment residents receive by joining the 'Bigeum-myeon New and Renewable Energy Residents' Cooperative,' funded by profits from the local solar power plant.

  • Q: Who is eligible for the "sunshine child allowance" mentioned? A: Civilians under 18 in Xin'an County, receiving 200,000 won twice a year from 2023.

  • Q: How does Xin'an County aim to achieve its renewable energy goals? A: By implementing a profit-sharing system, encouraging solar and wind development, and providing a basic income to residents.

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