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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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Southeast Asia Energy Outlook 2019
…but a number of power systems in the region are facing significant financial strains.Since 2000, overall energy demand has grown by more than 80% and the lion’s share of this growth has been met by a doubling in fossil fuel use. Oil is the largest element in the regional energy mix and coal – largely for power generation – has been the fastest growing. This has underpinned the region’s development and industrial growth, but has also made air pollution a major risk to public health and driven up energy-related carbon dioxide (CO2) emissions.Southeast Asia has considerable potential…
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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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Partner Country Series - Thailand Electricity Security Assessment
…demand in the coming years. Thai energy policy is driven by the three pillars of security, affordability and environmental sustainability. Concerns over fuel diversity underlie all three of these pillars and thus are a major driver of Thailand’s current long-term view of power sector development. Thailand is seeking to diversify its power sector over the next two decades by increasing coal generation and an increase in both domestic and imported renewables. In addition, Thailand is seeking to reduce the need for investment in generation and transmission by improving energy efficiency. In this study, the IEA explores the state…
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Southeast Asia Energy Outlook 2015
…implications for energy security, the environment and economic development. The report highlights trends in domestic energy demand and supply prospects to 2040, broken down by fuel and sector; the outlook for the power sector and the increasing share of coal in the region’s electricity generation; the role that Southeast Asia will play in international energy trade and the implications for its energy expenditures; the potential energy and environmental benefits of implementing pragmatic measures that would help limit the rise in the region’s greenhouse gas emissions; an in-depth analysis of energy prospects in Malaysia to 2040; and a…
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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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How Hybrid PV Technologies Can Contribute to the Decarbonisation of Thailand's Power System
…the priorities for Thai power system decarbonisation, and how hybrid technologies can contribute and provide value to the system. This article presents these findings and outlines the ways that the deployment of hybrid PV can contribute to power system decarbonisation. Solar PV is a crucial resource for Thailand’s power system decarbonisation While Thailand’s power generation is currently characterised by a high share of fossil fuels (81% of total electricity generation in 2021 came from gas and coal), the country has tremendous solar PV potential, both at utility scale and for rooftop PV, thanks to high irradiance and high…
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Southeast Asia Energy Outlook 2022
…“Russia”) invasion of Ukraine. Covid-19 led to a major economic shock for countries in Southeast Asia and the economic recovery now risks being slowed by higher energy prices. In the run up to the UN Climate Change Conference (COP26) in November 2021, several governments in Southeast Asia announced ambitious targets for reaching neutrality and curbing reliance on coal-fired power.Against this backdrop of new uncertainties and ambitions, this IEA report explores possible trajectories for Southeast Asia’s energy sector, differentiated primarily by the policies pursued by governments across the region. It relies on the scenarios included in the…
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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…