Jeju Island turns wind profits into summer lifelines

On an island globally renowned for its pristine coastline and sweeping offshore wind farms, the gusting sea breezes are doing more than just generating clean power — they are directly cooling the homes of those most vulnerable to Korea’s blistering summer heat wave. Jeju Special Self-Governing Province said Friday it will deploy 600 million won ($440,000) from its municipal Wind Resource Sharing Fund to subsidize electricity bills for low-income households. From August through October, eligible residents — specifically low-income families with disabilities as well as grandparents serving as primary caregivers — will receive up to 40,000 won per month in direct financial assistance to offset high air conditioning costs. The initiative offers a blueprint for environmental equity, transforming the financial windfalls of green energy into a social safety net. The revenue source, Jeju’s dedicated Wind Resource Sharing Fund, is financed through contributions from private wind farm operators under profit-sharing frameworks, alongside direct electricity sales from state-operated rene

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