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Strategies for Coal Transition in Korea
…on Korea’s clean energy transition from coal in the power sector. The report covers a detailed review of policy and market developments around Korea’s transition to net zero. The scope of the report includes all sectors of the economy, industry and all the regions across the world, where we extract the main recommendations that are applicable to the case of Korea.Currently, the power sector is the largest CO2-emitting sector and coal is the single biggest source of CO2 emissions, as it is the backbone of many electricity systems. Thus, coal power plants have been a target…
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Clean Household Energy Consumption in Kazakhstan: A Roadmap
…Contribution (NDC) with an unconditional target to reduce greenhouse gas emissions (GHG) by 15% by 2030 from 1990 levels. The household sector is one of the important sources of GHG emissions, amounting to 8% of national total CO2 emissions in 2018 (UNFCCC, 2020). The residential sector is the fastest growing sector in terms of energy consumption, with the residential share of consumption increasing from 9% of total final consumption for Kazakhstan in 2000 to 27% in 2018 (IEA, 2020).Many countries have either completely banned or severely restricted the household use of coal (especially in large cities) to curb emissi...
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Kazakhstan 2022
…the auspices of the EU4Energy programme, which is being implemented by the IEA and the European Union, along with the Energy Community Secretariat and the Energy Charter Secretariat.Kazakhstan has made ambitious commitments to reduce greenhouse gas emissions and increase the role of renewables in its energy supply, but dependence on large reserves of inexpensive domestic coal and a lack of flexible generating capacity make these a challenge. Oil continues to provide much of the country’s export earnings and government revenue, while many oil-importing countries have pledged to reduce consumption of fossil fuels, and most oil exports currently…
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Korea 2020
Energy Policy Review The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries. This process supports energy policy development and encourages the exchange of international best practices.
The Korean government is committed to substantially increasing the share of renewable energy sources in the electricity supply, gradually phasing out coal and nuclear power from the energy mix, significantly improving energy efficiency, and fostering the country’s nascent hydrogen industry. Many of these measures will help Korea advance its energy transition and improve its energy security, a high priority given the country’s…
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Kazakhstan energy profile
…the Caspian Sea. The capital is Nur-Sultan (previously called Astana) and the country is home to 18.7 million people (www.stat.gov.kz).Until 2015, Kazakhstan was among the world’s top ten fastest-growing economies, mainly owing to development of its rich oil, gas and coal resources and its export-oriented policies. The country is the largest oil producer in Central Asia, with the 12th-highest proven crude oil reserves in the world. Its gross domestic product (GDP) per capita has risen six-fold since 2002 (https://www.worldbank.org/en/country/kazakhstan/overview#3), and in…
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Partner Country Series - Clean Energy Technology Assessment Methodology Pilot Study: Kazakhstan
…Central Asia. But the country’s vast plains also hold significant renewable energy potential that remains largely untouched, particularly solar and wind power. This major potential could help the country reach its ambitious goals of diversifying most of its electricity generation away from coal use while cutting harmful greenhouse gas emissions. Improving the country’s ageing Soviet-era infrastructure also holds significant promise for advancing energy efficiency. The IEA selected Kazakhstan as a key player in regional efforts to deploy low carbon technologies in Central Asia for a pilot study developed with the European Bank of Reconstruction and Development. This…
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Energy Policies of IEA Countries: Republic of Korea 2002
…review of Korea's energy policies and programmes. This report comes at a time when Korea has become the 26th Member of the IEA and when the country’s energy policies are being substantially reformed, to mobilise investments and increase efficiency.
The report brings information on all energy sectors (oil, gas, coal, nuclear, electricity, renewables) showing what role different energy sources could play in the context of a heavily dependency on external sources of energy.
The report analyses the effect of efficiency measures to reduce the energy intensity of the Korean economy, still one of the highest of the IEA… -
Korea Electricity Security Policy
Country Energy Security Policy - Electricity Overview and generation portfolio Electricity generation in Korea is heavily dependent on coal, which represents over 40% of total generation. The vast majority of the remaining electricity generation derives from natural gas and nuclear energy, in roughly equal shares. Renewable energies account for a growing but still small proportion, and are expected to reach 21.6% of total electricity generation by 2030. Korea’s power grid is an isolated system with no cross-border transmission lines; therefore, electricity demand is met entirely through local production. Korea has an electricity emergency response manual outlining response procedures…
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Korea Natural Gas Security Policy
…publicly-owned natural gas company established by the Korean government. KOGAS holds emergency gas reserves which can be released to meet demand when supply is constrained while demand restraint measures and fuel switching can be utilised once emergency stocks reach low levels.Natural gas accounts for a significant proportion of Korea’s energy mix with consumption on an upward trajectory for over two decades. Gas consumption is set to grow further due to government plans to increase gas-fired power generation as a partial replacement for coal. With limited domestic reserves, the vast majority of Korea’s gas consumption is…
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Reforming Korea's Electricity Market for Net Zero
The study analyses market design improvements to enable achieving net zero in Korea's power sector, in accordance with the country's long-term decarbonisation objectives. This report was commissioned by Korea's Ministry of Trade, Industry and Energy and carried out jointly by the International Energy Agency (IEA) and the Korea Energy Economics Institute. The objective of the study was to analyse market design improvements to enable achieving net zero in Korea's power sector, in accordance with the country's long-term decarbonisation objectives.For this the IEA devised a Korea Regional Power System Model to evaluate the…