Public-Private Partnerships for energy welfare
Seoul’s Energy Welfare Public Private Partnership Programme aims to promote social welfare through reducing climate risks, energy use and spending for low-income families while contributing to the city’s GHG targets.
The Programme has:
• financed energy retrofits for 1,295 households in 2015 (goal for 1,050 additional households in 2016);
• collaborated with business and civic groups to replace 2,400 conventional lightbulbs in low-income houses, markets and child care centres with LED bulbs;
• installed roughly 1,600 micro-photovoltaic panels at public apartments and low-income households in underdeveloped communities;
• provided 10,000 sets of clothing and 200 indoor tents as part of its efforts to reduce climate risks facing the poor; and
• employed underprivileged job seekers as energy consultants and welfare workers, responsible for conducting assessments of residential environments, energy welfare support and, retrofitting homes for higher energy efficiency.
Seoul is also the first South Korean city to register a “virtual power plant” to sell electricity saved by 17 municipal buildings and institutions (approx.. 5MW). Annual profits of around $178,000 are sent to the Seoul Energy Welfare Civic Fund to expand its energy-welfare programmes to combat energy poverty.