-
Report
Dec 2014
Energy Supply Security of Indonesia
Indonesia’s total primary energy supply (TPES) stood at 209 Mtoe in 2011 – a 27% increase from its consumption in 2002 (165 Mtoe) according to the IEA statistics. With a rapidly growing economy as well as the fourth most populous country in the world, its energy consumption grows at around 7% per year. The country’s national energy policy forecasts that TPES will reach 400 Mtoe in 2025, 480 Mtoe in 2030 and 1 000 Mtoe in 2050.
-
Country report
Apr 2024
Natural Gas Supply Security in Korea
Insights from the 2022 Gas Supply Shock This report was commissioned by the Korea Energy Economics Institute (KEEI) and carried out jointly by the International Energy Agency (IEA) and the KEEI. The objective of the study was to provide high-level policy recommendations on natural gas security of supply in Korea, particularly within the context of the global gas supply shock that emerged in 2022. The report covers an analysis of the natural gas supply shock in question, a detailed review of the Korean natural gas market and recommendations applicable to the Korean market.
-
Country report
Jan 2021
Korea Electricity Security Review
…aspects of operational security and long-term planning, both recognising current progress in terms of grid and market code updates as well as suggesting improvements to the long-term planning process, through for example integrated resource planning.
The report suggests market design improvements that can be implemented within the current framework, considering price formation mechanisms and integration with the existing emissions trading scheme. Finally, the report examines key aspects of climate and cyber resilience, suggesting improvements that can be integrated into long-term planning to ensure resilience across the whole value chain. Executive summary Around the world energy transitions are… -
Country report
Jun 2007
Energy Policies of IEA Countries: The Republic of Korea 2006
…enhancement of its policy goals – adding economic efficiency and environmental sustainability to energy security – is commendable. Building on the liberalisation of its economy, the Republic of Korea set out an ambitious plan for reform of its state-controlled natural gas and electricity industries. However, the plans have been stalled and there is currently little vision for effective reform going forward. As the economy makes the transition to one with less phenomenal, more sustainable and less predictable growth, the IEA encourages the Republic of Korea to press forward with liberalisation in order to underpin a more flexible and efficient energy sector…
-
Fuel report
Oct 2018
Energy Efficiency 2018
…world, its positive impact on global energy use is overwhelmed by rising economic activity across all sectors. Efficiency can enable economic growth, reduce emissions and improve energy security. The right efficiency policies could enable the world to achieve more than 40% of the emissions cuts needed to reach its climate goals without new technology. Energy Efficiency 2018 looks at why efficiency’s massive potential remains untapped, and through the new Efficient World Scenario explores what would happen if countries maximized all available cost-effective efficiency potential between now and 2040, highlighting what policy makers can do to realise this opportunity. Key findings Energy efficiency works..…
-
Country report
Oct 2017
Southeast Asia Energy Outlook 2017
…Southeast Asia’s energy sector, based on the latest data and announcements- How today’s policies shape this region’s energy demand and supply outlook to 2040, and the implications for energy security, the environment and development; the opportunities that broader changes in global markets and low-carbon technologies open up for Southeast Asia. the investment required to improve efficiency and expand energy supply infrastructure, especially in the electricity sector; the mix of fuels and technologies that can help Southeast Asia achieve universal electricity access; and an alternative pathway, the Sustainable Development Scenario, to meet energy security and environmental goals…
-
Country report
Oct 2015
Southeast Asia Energy Outlook 2015
World Energy Outlook Special Report The ten countries that make up the Association of Southeast Asian Nations (ASEAN) are exerting an increasingly important influence on global energy trends. Underpinned by rapid economic and demographic growth, energy demand in the region has more than doubled in the last 25 years, a trend that is set to continue to 2040. Given Southeast Asia’s role as a global growth engine, understanding what is shaping energy markets in this vibrant region and the implications for energy security and the environment is vital for policy makers and anyone with a stake in the energy…
-
Country report
May 2022
Southeast Asia Energy Outlook 2022
…Singapore, Thailand and Viet Nam.Since the last edition of this report, the energy prospects for Southeast Asia have been affected by the Covid-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation’s (hereafter, “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…
-
Country report
Nov 2020
Korea 2020
…security, a high priority given the country’s limited domestic energy production. The government’s pledge of a Green New Deal as part of its Covid-19 economic recovery package in July 2020 is a significant step towards accelerating Korea’s energy transition. Achieving the ambitions of the Green New Deal will require addressing regulatory and institutional barriers, introducing more flexible energy markets, and making use of the country’s expertise in advanced technologies and innovative capacity.
In this report, the IEA provides recommendations for further improving Korea’s policies to help the country guide the transformation of its energy…
-
Article
07 Mar 2023
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…