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Energy Policies of IEA Countries: Spain 2009
…technology, and succeeded in integrating large amounts of intermittent power in the electricity grid. Along with other IEA member countries, Spain has set ambitious climate and energy security targets. Achieving these will require a transition to a low-carbon economy. Spain will need to increase its efforts to reduce CO2 emissions, particularly in the transport but also in the critical power sector. As fossil fuels still provide more than half of electricity, Spain will need to keep open all the options – including nuclear, renewables, and the technology of carbon capture and storage – for making its power sector less carbon-intensive.
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Reforming Korea's Electricity Market for Net Zero
…country's long-term decarbonisation objectives.For this the IEA devised a Korea Regional Power System Model to evaluate the emissions implications of the plans laid out in Korea’s 9th Basic Plan for Long-Term Electricity Supply and Demand and the Carbon Neutral Strategy published in 2021. The analysis includes a scenario elaborated by the IEA, based on the World Energy Outlook's Announced Pledges Scenario for 2035, to analyse potential for further market improvements.This analysis covers market improvements in areas such as carbon pricing, market price enhancements that better reward low-emissions technologies and security of supply…
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Energy Policies of IEA Countries: Spain 2015 Review
…has fundamentally changed the remuneration scheme for renewable energy. Spain must now maintain its strong and long-term commitment to a financially sustainable electricity system. To improve investor confidence, it should also closely follow the principles of transparency, predictability and certainty when revising policies and regulations. New momentum for establishing additional cross-border connections in electricity and gas will eventually enable Spain to use its large power and liquefied natural gas capacity to increase flexibility, diversity and security in the European Union internal market. The government should now focus on longer-term issues including energy demand and greenhouse gas emissions…
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Renewables 2020
…renewables in the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more than compensates for declines in bioenergy for industry and biofuels for transport – mostly the result of lower economic activity. The net result is an overall increase of 1% in renewable…
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Korea 2020
…summary Korea’s energy sector is characterised by the dominance of fossil fuels, which in 2018 accounted for 85% of total primary energy supply (TPES), a strong dependence on energy imports at 84% of TPES, and the dominance of industrial energy use at 55% of total final consumption, the highest share among IEA countries. In 2018, Korea had the lowest share of energy from renewable sources in energy supply among all IEA countries. The Korean government is committed to advance the country’s energy transition by increasing the share of renewable electricity to 20% by 2030 and to 30-35%…
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Spain 2021
…is centred on the massive development of renewable energy, energy efficiency, electrification and renewable hydrogen.
Notwithstanding its considerable progress to date on decarbonising and increasing the share of renewables in the electricity sector, Spain’s total energy mix is still heavily dominated by fossil fuels. Notably, the transport, industry and buildings sectors all have considerable work ahead of them to meet the country’s targets for decarbonisation and higher shares of renewables.
When all of Spain’s plans and strategies are implemented, a completely different energy sector will emerge in which fossil fuels are no longer dominant and end-user…
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Strategies for Coal Transition in Korea
…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 for reaching net zero emissions by 2050 for long time. Korea has firm objectives to achieve carbon neutrality by 2050, aiming to accelerate the clean energy transition of coal power plants. Policy recommendations were formulated around…
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Energy Policies of IEA Countries: Republic of Korea 2002
…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 countries.
A special attention is paid to the assessment of the energy policy reforms currently unfolding in Korea, in particular in the electricity and in the gas sectors. The report analyses in details the electricity reforms, the gradual emergence of an electricity market… -
Korea Electricity Security Review
…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 driving up the participation of renewable energy in electricity systems and increasing electricity’s share of total final energy consumption. According to the IEA Sustainable Development Scenario, the share of electricity in… -
Energy Policies of IEA Countries: The Republic of Korea 2006
…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. Through analysis of its existing policies and comparisons with good examples in other IEA countries, this book provides critiques and recommendations for policy improvements. Covering not only traditional energy sectors, but also energy efficiency, renewables and the environment, this review serves as a guide to understanding – and addressing – the energy challenges that face the modern Republic of Korea.