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South Korea Renewable Energy Policy Handbook 2024

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  • 17 Pages
  • February 2024
  • Region: South Korea
  • GlobalData
  • ID: 5949728
'South Korea Renewable Energy Policy Handbook 2024” is among the latest country specific policy reports from the publisher, the industry analysis specialist. The report offers comprehensive information on major policies governing the renewable energy market in the country and provides information on renewable policies/developments at a regional/municipal level. The report discusses 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 covers policy measures and incentives used by South Korea to promote renewable energy.
The report details promotional measures in South Korea both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.

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.

Table of Contents

1 Renewable Energy Policy, South Korea
1.1 Renewable Energy Market, Overview
1.2 Policy Snapshot
1.3 Renewable Energy Targets
1.4 Green Growth Policy
1.5 New Deal 2.0
  • Green New Deal
1.6 Tenth Basic Plan, 2024 - 2038
1.7 Third Energy Master Plan 2019-2040
1.8 Renewable Portfolio Standard (RPS)
1.9 Renewable Energy Certificates (REC)
1.10 Fixed price contract bidding system
1.11 Korea Renewable Energy 3020 Plan
1.12 Auctions
1.13 Hydrogen Energy
1.14 Tax Audit Exemption
1.15 Mandatory Use of Renewable Energy for Public Buildings
1.16 K-RE100 Scheme
2 Appendix
2.1 Abbreviations
2.2 Market Definitions
  • Power
  • Renewable Power
  • Installed Capacity
  • Electricity Generation
  • Electricity Consumption
2.3 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
  • About the Publisher
  • Contact the Publisher
List of Tables
Table 1: Policy Snapshot, South Korea, 2023
Table 2: Generation Plan by Technology, 10th Basic Plan, South Korea, 2030-36
Table 3: Generation Target/Forecast for select technologies, 10th Basic Plan, South Korea, 2022-30
Table 4: Renewable Portfolio Standards, South Korea, Targets (%), 2016-2026
Table 5: REC Weighting Scheme Details
Table 6: K-RE100 Scheme
Table 7: Abbreviations