|Policy Type:||Regulatory Instruments|
|Agency:||Ministry of Commerce, Industry and Energy (MOCIE)|
|Climate Change Description:|
In order to accomplish the 5% target ratio of New and Renewable Energy (NRE) in total primary energy in 2011, as is stipulated in the 2nd National Energy Plan, Korea will revise the Alternative Energy Act in 2004. More specifically, the country will introduce NRE generation quotas and specialized NRE companies, while supporting international standardisation of technology development. Also, Korea will strengthen the legal basis for achieving NRE dissemination targets.
|This record is superseded by:||Amendment of the Promotion Act for NRE Development, Utilization and Dissemination|
Last modified: Thu, 14 Mar 2013 12:06:01 CET