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Republic of Korea

Official Name:
Republic of Korea
Region:

National Designated Entity

Type of organisation:
Government/Ministry
Name:
Mr. Woojin Han
Position:
Director of Climate Change R&D Team, Ministry of Science and ICT (MSIT)
Phone:
+82 44 202 4511
Emails:
danhan@korea.kr

Energy profile

South Korea (2012)

Type: 
Energy profile
Energy profile
Extent of network

Electrification rate (2004): 100%Transmission in the country operates in a combination of 765 kV and 345 kV lines to the major distribution networks, and 154/66 kV in the distribution networks themselves.

Renewable energy potential

Solar energyThe southern coastal area has the greatest economic potential for solar thermal, which can be used in greenhouses, fish farms, swimming pools and industrial heat processes.The solar sector went through a phase of remarkable growth in 2008, raising its contribution by 271.8% over the previous year and finishing the 12-month period with 264 GWh generated. The reason for this growth is the connection of 276.3 MWp to the grid during 2008. Grid-connected solar PV in 2009 totalled 430 MW.Wind energyThe south-east of Korea is a good location for offshore wind farms. Wind power is by far and away the most prominent sector as electricity production has been increasing an average of 69% per annum, generating 381 GWh.  South Korea has over a dozen of wind farms, both on- and off-shore. Current installed capacity amounts to approximately 348 MW, with significant potential for the development of further off-shore sites..  The country’s ambitions for wind power are for it to be producing 2,250 MW by 2012. The testing phase for a proposed 2.5 GW off-shore wind farm will commence by 2013, with 20 5 MW turbines being installed, with an aim to reach full capacity by 2019.Tidal energySome parts of the sea around Korea are regarded as ideal spots for the tidal farms to create electricity, because of the huge differences in height between high and low tide, which causes fast tidewater speeds. Two Korean companies, POSCO and Korea South East Power Co., Ltd. have entered into a partnership for the development of tidal and wind technologies. Construction was completed in 2011 of the Lake Sihwa tidal power station, the world’s largest at 254 MW.BiomassElectricity production from biomass systems increased sharply over the past two years (up 71.4% between 2006 and 2007 and up 38.3% between 2007 and 2008) to generate 4 GWh, making biomass the 2nd most prolific renewable resource in the country after hydroelectricity. Development of the technology in the country is occurring rapidly, with 4,000 residential boilers capable of using biomass pellets installed as of 2010, and the country’s first biomass power cogeneration facility projected to come online in the second quarter of 2012, at Donghae. Imported biomass pellets from Canada and Indonesia make up the majority of supply currently.HydropowerHydroelectricity is the country’s top renewable source with 5,6 TWh produced in 2008 (1,2% o the total).  The pumped storage share increased sharply in 2008 (44.8%) as a result of an increase of over 1 TWh produced by this type of power plant. It has been estimated that South Korea has a small-scale hydro potential of up to 1.5GW, and that 198MW could be generated by 2012. Installed capacity represents less than 5% of the domestic potential, indicating significant untapped resources. Five small hydroelectric plants are currently in the project pipeline, as part of the Four Rivers project.GeothermalGeothermal heat pumps are found in over 700 locations throughout the country, and are typically in the 300 to 100 kW size for a total of over 3,000 units. The geothermal resource of the country is insufficient for electricity generation, but current installed thermal capacity amounts to 229.3 MW.

Energy framework

In September 2008, Korea announced a long-term strategy that will determine the direction of its energy policy to 2030. The plan’s long-term energy goals are to:Improve energy efficiency and reduce energy consumption. By 2030, Korea will reduce its energy intensity by 46%, from 341 toe/USD million to 185 toe/USD million. This is expected to result in energy savings of 42 million toe.Increase the supply of clean energy and reduce the use of fossil fuels. By 2030, the share of renewable energy in total primary energy will reach 11% from 2.4% in 2007.Boost the green energy industry. By 2030, Korea’s green energy technologies will be comparable to levels of most advanced economies.Ensure that citizens have access to affordable energy. The government will ensure that energy sources are accessible and affordable to low-income householdsLow Carbon, Green GrowthOn 15 August 2008, Low Carbon, Green Growth was proclaimed as Korea’s new vision. This vision aims to shift the current development model of fossil-fuel dependent growth to an environmentally friendly one. To realize this vision, the Presidential Commission on Green Growth was established in February 2009. The Basic Act on Low Carbon and Green Growth was subsequently submitted and is now pending in congress. This legislation will provide the legal and institutional basis for green growth. To implement the vision of green growth more effectively, the National Strategy for Green Growth was adopted along with the Five-Year Plan for Green Growth in June 2009. The National Strategy for Green Growth is to build a comprehensive, long-term (2009–2050) master plan to address challenges caused by climate change and resource depletion. It consists of three main objectives and 10 policy directions, including:reduction in the use of fossil fuels and the enhancement of energy independencestrengthening the capacity to adapt to climate changemitigation of climate change and achievement of energy independenceeffective reduction of greenhouse gas emissions.South Korea already has FITs in place for wind and solar power; however, from 2012 these will be replaced by a Renewable Portfolio Standard (RPS), approved by the South Korean Assembly in March 2010. This RPS will require the 14 power utilities with capacities exceeding 500 MW in the country to generate 4% of energy from renewable sources by 2015, increasing to 10% by 2022. Effective as of 2012, this program will mandate an additional 350 MW/year of renewable energy capacity until 2016, and 700 MW/year thereafter. In addition to this, all RE technologies receive a 5% tax credit, and in 2009, import duties were halved on all components/equipment used in RE power plants. Government subsidies are also available to local governments of up to 60% for the installation of renewable facilities, as well as offering low interest loans (5.5%-7.5%) to RE projects, including a 5-year grace period followed by a 10-year repayment period.

Source
Static Source:
  • Korea Institute of Machinery and Materials

    Type: 
    Organisation
    Country of registration:
    South Korea
    Relation to CTCN:
    Network Member

    Korea Institute of Machinery and Materials (KIMM) is a government-funded research institute under the Ministry of Science, ICT and Future Planning of the Republic of Korea. Its chief misison is to accelerate technological advances in mechanical engineering, test and inspect the reliability of materials and mechanical components and systems. Important reserach achievements related to climate technologies include superlow-NOx MILD combustion technology, HCNG engine and low-emission and low-carbon green car technologies.

     

     

  • Eco Ltd

    Type: 
    Organisation
    Knowledge partner
    Country of registration:
    United Kingdom
    Relation to CTCN:
    Network Member
    Knowledge Partner

    Eco is a boutique management consultancy specialized in the design and formulation of climate change mitigation and adaptation projects. Operating since 2000, Eco has worked with a wide range of international clients such as the AfDB, IFC, World Bank, UNDP, UNIDO, EBRD, GIZ and the European Union.

    Eco has designed over 250 projects in 82 countries across Africa, Eastern Europe and Asia. We have assessed markets and designed financial, technology and other strategies and then formulated projects.

  • Okapi Environmental Consulting Incorporated

    Type: 
    Organisation
    Country of registration:
    Canada
    Relation to CTCN:
    Network Member

    Okapi Environmental Consulting Incorporated (OECI) is a private sector organization established in 2011 with the mission to provide quality technical and policy advice on sustainable development. Okapi's work includes project design, management and evaluation, strategic planning, capacity development, resource mobilization, scientific and technical advisory services, technology transfer. Okapi's experience extends in climate-affected sectors such as agriculture, sustainable land and water management, coastal zone management, infrastructure and others.

  • Sustainable Capital Advisors

    Type: 
    Organisation
    Country of registration:
    United States
    Relation to CTCN:
    Network Member
    Sector(s) of expertise:

    SCA provides strategy consulting and financial advisory services to public and private sector organizations seeking to implement sustainable infrastructure projects. Our client engagements involve a diversity of technologies located in countries across the world. Our job is to assist clients "sift through the noise" and develop practical and replicable solutions based on the realities of the financial and energy markets. 

  • International Water Management Institute

    Type: 
    Organisation
    Knowledge partner
    Country of registration:
    Sri Lanka
    Relation to CTCN:
    Network Member
    Knowledge Partner
    Sector(s) of expertise:

    IWMI’s Mission is to provide evidence-based solutions to sustainably manage water and land resources for food security, people’s livelihoods and the environment. IWMI’s Vision is ‘a water-secure world’. IWMI targets water and land management challenges faced by poor communities in the developing countries, and through this contributes towards the achievement of the United Nations Millennium Development Goals (MDGs) of reducing poverty and hunger, and maintaining a sustainable environment. 

  • STENUM GmbH

    Type: 
    Organisation
    Country of registration:
    Austria
    Relation to CTCN:
    Network Member
    Sector(s) of expertise:

    STENUM has worked for UNIDO, UNEP and IFC in training their Resource Efficient and Cleaner Production Centers and supporting them in the implementation of various activities (education of national experts, consultancy of companies in waster reduction, water minimization, chemicals management and energy efficiency). STENUM has elaborated several manuals and training materials (UNIDO train the trainer toolkit, UNEP PRESME toolkit).

  • Ecofys a Navigant company

    Type: 
    Organisation
    Country of registration:
    Netherlands
    Relation to CTCN:
    Network Member
    Sector(s) of expertise:

    Ecofys, a Navigant company, is an international energy and climate consultancy focused on sustainable energy for everyone. Founded in 1984, the company is a trusted advisor to governments, corporations, NGOs, and energy providers worldwide. The team delivers powerful results in the energy and climate transition sectors. Working across the entire energy value chain, Ecofys develops innovative solutions and strategies to support its clients in enabling the energy transition and working through the challenges of climate change.

  • Integra Government Services International LLC

    Type: 
    Organisation
    Country of registration:
    United States
    Relation to CTCN:
    Network Member
    Sector(s) of expertise:

    Integra designs, implements, and evaluates international development activities, with a focus on creating opportunities for the poor, expanding access to public infrastructure, promoting social and ecological resilience and strengthening donor programs. Integra has a proven record of innovative approaches yielding lasting results. Integra is a partner of NASA in deploying state-of-the-art Earth Observation technology for REDD+ MRV, while working to build on-the-ground socio-ecological resilience. 

     

  • HEAT - Habitat, Energy Application & Technology

    Type: 
    Organisation
    Country of registration:
    Germany
    Relation to CTCN:
    Network Member

    HEAT is a independent consulting company focussed on the development and implementation of projects for climate and ozone protection. HEAT has a focus on technology cooperation, policy advice for climate protection technologies, particular in the areas of energy efficiency, cooling and refrigeration, F-gases, inventories, roadmaps, carrying out technical and economic feasibility studies and capacity building measures such as training and certification. HEAT is also the Coordination Office of the NDE Germany.

  • World Coal Association

    Type: 
    Organisation
    Knowledge partner
    Country of registration:
    United Kingdom
    Relation to CTCN:
    Network Member
    Knowledge Partner
    Sector(s) of expertise:

    World Coal Association is the global industry association formed of major international coal producers and stakeholders. The WCA works to demonstrate and gain acceptance for the role coal plays in achieving a sustainable and lower carbon energy future. World coal organization's regular policy analysis, workshops, media updates and strategic research provide access to  the highest level of information on the global coal industry and its role in energy, climate and sustainable development issues.