Renewable Energy Law in South Korea

Introduction

Renewable energy law in South Korea promotes the development and deployment of renewable energy sources through regulatory frameworks, incentives, and targets.

Renewable Energy Targets

South Korea aims for 20% of electricity from renewables by 2030.

Support Mechanisms

Support mechanisms include feed-in tariffs, renewable portfolio standards, net metering, tax incentives, and green certificate trading schemes.

Grid Access

Renewable energy generators have rights to connect to the electricity grid. Regulatory frameworks address connection costs, curtailment, and priority dispatch.

Conclusion

Renewable energy law in South Korea provides crucial support for the transition to clean energy, though regulatory design must balance multiple policy objectives.