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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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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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Energy Policies of IEA Countries: Turkey 2005
… Following a summary of the conclusions and recommendations, the report surveys the general energy scene and energy policy in Turkey, looks at energy and the environment, reviews efforts to enhance energy efficiency, and then examines developments related to oil, natural gas, coal, renewable energy, and electricity. The book closes with a look at Turkey's R&D efforts related to energy.
The book finds that Turkey has undertaken significant reforms to open energy markets, but needs to undertake further actions to see the process to a successful conclusion. Turkey has been very active in international co-operation and has become… -
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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Turkey 2021
…generation. The commissioning of Turkey’s first nuclear power facility in 2023 will further diversify the country’s fuel mix.
Notwithstanding many the positive changes Turkey has made toward liberalising its energy markets and diversifying its energy sources, the government should ensure that policies in place to bolster energy security – including growth in coal-fired generation and support for various forms of electricity generation – do not impede the economic efficiency of markets and the country’s longer-term decarbonisation efforts.
In this report, the IEA provides energy policy recommendations to help Turkey smoothly manage the evolution of its energy sector…
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Energy Policies of IEA Countries: Turkey 2001
…to allow competition in the electricity market and to adapt Turkey’s legislation for European Union membership. A new Gas Market Law was adopted in May 2001, despite the macro-economic turmoil that Turkey has experienced since late 2000. These reforms must now be implemented.
Turkey’s carbon emissions are growing rapidly. They will grow even faster if coal use quadrupled by 2020, as the government expects. Air pollution is also a significant problem. Turkey has not signed the United Nations’ Climate Convention. But the government aims to comply with the general provisions of the Convention and to exploit the… -
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…
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Energy Policies of IEA Countries: The Republic of Korea 2006
Energy Policy Review Energy Policies of IEA Countries: The Republic of Korea 2006 The great strides that the Republic of Korea has made over the last three decades are not confined to its economy. Its energy industry has similarly leapt forward in terms of infrastructure and security. Though it has no links to nearby countries that would allow it to rely on electricity imports or piped natural gas, the country has rapidly electrified, built a diverse portfolio of electricity supply, developed a robust nuclear energy industry and become one of the pioneers in the liquefied natural gas trade. As the…