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Republic of Korea Renewable Energy Policy Handbook 2019

  • ID: 4769288
  • Report
  • April 2019
  • Region: South Korea
  • 17 pages
  • GlobalData
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Republic of Korea Renewable Energy Policy Handbook 2019


"Republic of Korea Renewable Energy Policy Handbook 2019” is among the latest country specific policy report that offers comprehensive information on major policies governing renewable energy market in the country.

The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.

The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.


The report provides the renewable framework of Republic of Korea. Its scope includes -
  • Key policies and regulations supporting the development of renewable energy in Republic of Korea.
  • Information on strategy, roadmaps and other programs to achieve the renewable targets and goals.
  • Financial incentives including Feed-in-tariff, Feed-in-premium, rebates, loans, grants and other tax credits and exemptions to support the implementation of the renewable energy.
Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
  • Identify opportunities and challenges in exploiting various renewable technologies.
  • Compare the level of support provided to different renewable energy technologies in the country.
  • Be ahead of competition by keeping yourself abreast of all the latest policy changes.
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1 Table of Contents
1.1 List of Tables

2 Introduction
2.1 Renewable Energy Policy
2.2 Report Guidance

3 Renewable Energy Policy, Republic of Korea
3.1 Renewable Energy Market, Overview
3.2 Green Growth Policy
3.3 Renewable Energy and Energy Efficiency Partnership (REEEP)
3.4 Basic plan for Development, Utilization and Deployment of New and Renewable Energy Technology
3.5 Certification for New and Renewable Energy Facilities
3.6 Home Subsidy Program
3.7 Renewable Portfolio Standards (RPS)
3.8 Renewable Energy Certificates
3.9 New Renewable Energy Implementation Plan
3.10 Grid Strengthening for Renewables
3.11 4 GW Solar-Wind Complex
3.12 Guidelines for Solar Projects in Environmentally Protected Areas
3.13 Tax Audit Exemption
3.14 NRE Mandatory Use for Public Buildings
3.15 Soft Loans for New and Renewable Energy
3.16 Memorandum of Understanding between Korean Wind Energy Association and RenewableUK
3.17 Memorandum of Understanding between Equinor ASA and Korea National Oil Corporation (KNOC)
3.18 Multi-party Memorandum of Understanding to supply solar Modules
3.19 US Department of Energy and Republic of Korea Announce New Clean Energy Partnership
3.20 Nationally Determined Contribution (NDC) to the Paris Agreement
3.21 Korea Emission Trading Scheme

4 Appendix
4.1 Market Definitions
4.1.1 Power
4.1.2 Installed Capacity
4.1.3 Electricity Generation
4.1.4 Electricity Consumption
4.1.5 Renewable Energy Resources
4.2 Abbreviations
4.3 Methodology
4.4 Coverage
4.4.1 Secondary Research
4.4.2 Primary Research
4.4.3 Modeling and Forecasting
4.5 Contact Us
4.6 Disclaimer

List of Tables
  • Table 1: Renewable Energy, Republic of Korea, Target for New and Renewable Energies (%)
  • Table 2: Renewable Energy, Republic of Korea, New and Renewable Energies composition ratios (%)
  • Table 3: Renewable Portfolio Standards, Republic of Korea, Targets (%), 2012-2022
  • Table 4: Allocation of Renewable Energy Certificates, Republic of Korea
  • Table 5: Abbreviations
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