Country:Korea
Year:1980
Policy status:In Force
Jurisdiction:National
Date Effective:1980
Date Amended:

2015 (Last amendment)

Policy Type:Voluntary Approaches>Negotiated Agreements (Public-private sector), Policy Support, Policy Support>Strategic planning, Regulatory Instruments, Regulatory Instruments>Other mandatory requirements, Regulatory Instruments>Auditing, Regulatory Instruments>Codes and standards
Energy Efficiency Policy Targets:Multi-Sectoral Policy
Renewable Energy Policy Targets:Multiple RE Sources, All
Policy Sector:Framework Policy
Climate Change Policy Targets:Energy Sector, Energy Efficiency / Demand Reduction, Framework/ Multi-sectoral Policy
Agency:Ministry of Trade, Industry, and Energy (MOTIE)
URL:http://english.motie.go.kr/
Energy Efficiency Description:

Following the oil shocks of the 1970s, the Korean government promulgated the Rational Energy Utilisation Act in 1979. The Act has been revised several times since, notably in 2002, 2003 and 2008. The 2008 revisions contain provisions for various energy management measures such as energy audit, ESCOs and certification of energy-efficient equipment. The 2003 revision included a focus on measures to reduce greenhouse gas emissions, on top of improving the efficient use of energy. The government encouraged ESCOs and other companies covered by Voluntary Agreement to register their greenhouse gas reductions with the government. In 2002, the Act was revised to widen the scope of consultation on the energy utilisation planning programme - formerly confined to the public sector - to the private sector and to introduce Corporate Average Fuel Efficiency (CAFE) standards. In addition, under this Act, the government carried out voluntary agreements with industry, promoted the use of energy efficiency labelling, and supported Energy Service Company (ESCO).

Renewable Energy Description:

In 2003, Korea revised the Rational Energy Utilisation Act which had been enacted in 1979 and revised in 2002. Instead of just promoting the efficient use of energy, the new Act aims to promote both the efficient use of energy and reduction of greenhouse gases. Also, the revised Act broadened the category of greenhouses gases subject to reduction to cover the six greenhouse gases prescribed in the Kyoto Protocol: CO2, CH4, N2O, HFCs, PFCs and SF6. Also, the Korean Government mandated the inclusion of greenhouse gas reduction measures in the National Energy Plan, Basic Plan for Rational Energy Utilisation and the Regional Energy Plan. Korea encouraged ESCOs and other companies covered by Voluntary Agreement to register their greenhouse gas reductions with the government.

Climate Change Description:

Following the oil shocks of the 1970s, the Korean government promulgated the Rational Energy Utilisation Act in 1979. The Act has been revised several times since, notably in 2002, 2003 and 2008. The 2008 revisions contain provisions for various energy management measures such as energy audit, ESCOs and certification of energy-efficient equipment. The 2003 revision included a focus on measures to reduce greenhouse gas emissions, on top of improving the efficient use of energy. The government encouraged ESCOs and other companies covered by Voluntary Agreement to register their greenhouse gas reductions with the government. In 2002, the Act was revised to widen the scope of consultation on the energy utilisation planning programme - formerly confined to the public sector - to the private sector and to introduce Corporate Average Fuel Efficiency (CAFE) standards. In addition, under this Act, the government carried out voluntary agreements with industry, promoted the use of energy efficiency labelling, and supported Energy Service Company (ESCO).

Last modified: Thu, 18 Feb 2016 18:06:05 CET