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Energy demand and supply, energy policies, and energy security in the Republic of Korea

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Abstract

The Republic of Korea (ROK) has enjoyed rapid economic growth and development over the last 30 years. Rapid increases in energy use—especially petroleum, natural gas, and electricity, and especially in the industrial and transport sectors—have fueled the ROK's economic growth, but with limited fossil fuel resources of its own, the result has been that the ROK is almost entirely dependent on energy imports. The article that follows summarizes the recent trends in the ROK energy sector, including trends in energy demand and supply, and trends in economic, demographic, and other activities that underlie trends in energy use. The ROK has been experiencing drastic changes in its energy system, mainly induced by industrial, supply security, and environmental concerns, and energy policies in the ROK have evolved over the years to address such challenges through measures such as privatization of energy-sector activities, emphases on enhancing energy security through development of energy efficiency, nuclear power, and renewable energy, and a related focus on reducing greenhouse gas emissions. The assembly of a model for evaluating energy futures in the ROK (ROK2010 LEAP) is described, and results of several policy-based scenarios focused on different levels of nuclear energy utilization are described, and their impacts on of energy supply and demand in the ROK through the year 2030 are explored, along with their implications for national energy security and long-term policy plans. Nuclear power continues to hold a crucial position in the ROK's energy policy, but aggressive expansion of nuclear power alone, even if possible given post-Fukushima global concerns, will not be sufficient to attain the ROK's “green economy” and greenhouse gas emissions reduction goals.

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The storage of refrigeration produced in the refrigeration cycle during unnecessary hours and its use during busy hours can be a good way to reduce the cost of energy consumption in the industrial. In this study, a hybrid solar driven refrigeration system using cold thermal energy storage is introduced and investigated. Water-ammonia absorption refrigeration system at a temperature of −23.5 °C is used as refrigeration system. The cycle modified for use in an integrated structure. Solar dish collectors are applied for supplying the required duty in the absorption refrigeration system generator. This integrated process is capable to produce 373.7 kW of refrigeration. Indeed, in this system, a portion of the produced refrigeration is directly used in the refrigerator during the day and another portion is stored in a phase-change material (PCM) system. Moreover, the amount of stored refrigeration in the low-temperature PCM during the night is injected into the refrigerator. In this paper, TRNSYS, HYSYS, and MATLAB software utilized for simulating of the integrated system based on the weather data of the coastal city of Bandar Abbas, Iran. Exergy analyses of the process demonstrate that solar collectors with 77.33% and HX3 with 5.07% have the most exergy destruction rate.
... The LEAP model is employed to explore various scenarios of the energy system development in Taiwan (Yophy et al., 2011), China (Tao et al., 2011), Iran (Amirnekooei et al., 2012), Panama (McPherson andKarney, 2014), Maharashtra, India (Kale and Pohekar, 2014), Pakistan (Perwez et al., 2015), and Africa (Ouedraogo, 2017). LEAP has also been actively applied to study the energy and CO 2 impacts of a power system expansion with a special focus on a particular energy source such as landfill gas in Korea (Shin et al., 2005), nuclear in Korea and Japan (Kim et al., 2011;Takase and Suzuki, 2011) and renewable in Southeast Asia (Kumar, 2016). None of these studies combined the accounting and optimization settings in LEAP for the analysis. ...
Thesis
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Electricity is the backbone of the modern world. Yet, electricity access is beyond the reach of nearly one billion people worldwide. Therefore, electrification is a vital development objective. While the global power sector is expanding to meet the increasing electricity demand, global warming calls for its transformation towards a low-carbon version. Under the Paris Agreement, countries have committed to curbing carbon emissions, with the power sector being one of the primary targets for emissions reduction actions. At the same time, climate change is affecting the global economy, including the power sector. The extreme weather events are among the primary causes of power outages, which will likely intensify under the future climate. Gradual changes in climate variables also threaten the power supply’s reliability. The developing economies are further challenged to address this climate mitigation-adaptation paradox while satisfying their most pressing objective: electrification and rapid growth in energy demand. This dissertation addresses this societal challenge through a holistic consideration of both climate change mitigation and adaptation within the context of the growing Indonesian power sector. The dissertation employs a set of methodological steps, relying primarily on the use of the prominent sectoral electricity software model LEAP. Its water counterpart model WEAP is also used to assess climate change impacts on water resources and hydropower. Furthermore, the dissertation reports the results of Semi-Structured Interviews and Focus Group Discussions conducted with the power sector’s practitioners to investigate the effects of extreme weather events and gradual climate change on the power sector. This dissertation advances the current LEAP modeling practice by sequentially taking into consideration endogenous technological learning and climate change impacts and adaptation into the model simulations of long-term power system expansion. Results show that the implementation of the Indonesian renewable energy targets helps in achieving the country’s CO2 mitigation target, but entails higher total costs of electricity production. However, the fast technological learning of renewable technologies significantly reduces the overall costs. Furthermore, when the projected climate change impacts are integrated into simulations of the power system expansion, the power system adapts by installing extra capacity and producing more energy to balance the climate-driven surge in the electricity demand and to compensate for a reduced power-generating capacity of power plants under adverse impacts of the future climate.
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The detection of water pipeline leakage is important to ensure that water supply networks can operate safely and conserve water resources. To address the lack of intelligent and the low efficiency of conventional leakage detection methods, this paper designs a leakage detection method based on machine learning and wireless sensor networks (WSNs). The system employs wireless sensors installed on pipelines to collect data and utilizes the 4G network to perform remote data transmission. A leakage triggered networking method is proposed to reduce the wireless sensor network’s energy consumption and prolong the system life cycle effectively. To enhance the precision and intelligence of leakage detection, we propose a leakage identification method that employs the intrinsic mode function, approximate entropy, and principal component analysis to construct a signal feature set and that uses a support vector machine (SVM) as a classifier to perform leakage detection. Simulation analysis and experimental results indicate that the proposed leakage identification method can effectively identify the water pipeline leakage and has lower energy consumption than the networking methods used in conventional wireless sensor networks.
... Therefore, introducing a P2P electricity trading system in This procedure is completely different from the general market pricing mechanism. 7 In Korea, coal and nuclear power plants were built in large numbers during the process of achieving rapid industrialization and economic growth, which started in the late 1900s (Kim et al., 2011). In 2018, the share of electricity generation by energy source was 42.4% for coal power and 23.4% for nuclear power (KEEI, 2019). ...
Article
The peer-to-peer (P2P) electricity trading platform (ETP) is an electricity-sharing system by which individuals can sell surplus electricity or purchase electricity to meet a deficit in a regional power network. South Korea has allowed energy prosumers to engage in electricity trading from 2016 and is seeking ways to vitalize the electricity trading market. This study aims to estimate the willingness to pay (WTP) of respondents for the monthly usage of P2P ETP by using the contingent valuation method. Of the 1000 Korean respondents, 639 were willing to pay a fee for using the platform. The estimated WTP is KRW 5958.86 (USD 5.50) per month. Moreover, the estimated WTP is higher in respondents who have more background knowledge of the P2P ETP and who pay higher electricity fees. The estimated WTP is lower than the usage fees of existing ETPs in other countries, which is primarily due to Korea's low electricity prices. Furthermore, the estimation results show that enhancing consumer awareness of P2P trading and introducing market strategies based on electricity usage should be considered by electricity trading companies and regulators to enhance P2P ETP usage.
... The EPC growth found can be attributed to their economic growth and rapid urbanization process in China [43] and India [44]. Large spatiotemporal variations in EPC in the Republic of Korea, might be caused by the rapid industrialization and dramatic structural changes [45]. Due to population growth, urbanization and economic growth, the Middle East region has experienced a significant increase in energy consumption [46]. ...
Article
Industrialization and urbanization have led to a remarkable increase of electric power consumption (EPC) during the past decades. To assess the changing patterns of EPC at the global scale, this study utilized nighttime lights in conjunction with population and built-up datasets to map EPC at 1 km resolution. Firstly, the inter-calibrated nighttime light data were enhanced using the V4.0 Gridded Population Density data and the Global Human Settlement Layer. Secondly, linear models were calibrated to relate EPC to the enhanced nighttime light data; these models were then employed to estimate per-pixel EPC in 2000 and 2013. Finally, the spatiotemporal patterns of EPC between the periods were analyzed at the country, continental, and global scales. The evaluation of the EPC estimation shows a reasonable accuracy at the provincial scale with R² of 0.8429. Over 30% of the human settlements in Asia, Europe, and North America showed apparent EPC growth. At the national scale, moderate and high EPC growth was observed in 45% of the built-up areas in East Asia. The spatial clustering patterns revealed that EPC decreased in Russia and the Western Europe. This study provides fresh insight into the spatial pattern and variations of global electric power consumption.
... Our result is in line with Kim et al (2011) for South Korea since their analysis of recent trends of the country's national and sectoral energy use suggests that securing energy supplies is not really a critical problem that need to be addressed by its future energy policies. ...
Article
Energy insecurity has been a critical challenge facing Asia's economic growth. This study constructs a comprehensive index for energy insecurity as well as examines its trend using a sample of 24 selected Asian countries during the 1990–2014 period. For this purpose, principal component analysis is applied to a series of 12 selected variables. The variables are standardized using different techniques including z-score, min-max and softmax normalization. Three different measures of energy insecurity are created accordingly. The empirical results depict the trend of increasing energy insecurity in Bangladesh, China, India, Indonesia, Malaysia, Nepal, Pakistan, Saudi Arabia, Sri Lanka, Thailand and Vietnam. On the other hand, the trend of fluctuating but recently improving energy security was observed in Hong Kong, Japan, Mongolia, Singapore, South Korea, and United Arab Emirates. Meanwhile, the trend of fluctuating but recently increasing energy insecurity was found in Iran, Iraq, Jordan, Kazakhstan, Lebanon, and Tajikistan. These findings are robust to all three measures of energy insecurity.
... Looking at developed countries, Gasparatos and Gadda (2009) find that energy insecurity can threaten long-term sustainable development in Japan. Kim et al. (2011) suggest that energy use is an important source to fuel the rapid economic growth in Korea. Due to the country's heavy dependence on international energy imports, they emphasize the need for Korea to adjust its energy policy in response to the concerns of energy insecurity. ...
Article
Many countries rely on the international energy market as their main energy supplier, thus leading to issues of insecurity. Energy insecurity can potentially hinder economic growth and cause sustainability problems. This paper builds on cross-country panel data and estimates the relationship between energy insecurity and economic growth. We explore the multi-dimensional feature of energy insecurity through energy dependency, renewable energy share, and price effects. Our results show statistically significant negative impacts on growth due to energy insecurity, but the effects are mostly relevant to developing economies. Moreover, we show that the development renewable energy sector can mitigate the negative effects.
... China, by contrast, had a lower oil supply risk in most scenarios, but this risk is projected to increase over time. Kim et al. (2011) discussed key energy policy changes in South Korea. Although its oil share has fallen, South Korea continues to face significant challenges because of international oil market instability, high oil prices and the potential for supply disruptions. ...
Article
East Asian countries, such as China, Japan and South Korea, are major importers in the international oil market. Therefore, oil import security is critical to sustainable economic development in these countries. This paper uses a modified two-stage DEA-like model to investigate the impact of the Organization of Petroleum Exporting Countries (OPEC) on oil import security in the East Asian region over time. Specifically, three dimensional variables were introduced to the model: the OPEC internal dimension, the OPEC and Asian country interaction dimension, and the international external dimension. The empirical results show a substantial difference between China and the other two countries in terms of these dimensions. Although the impact of OPEC on China's oil security has increased over time, its impact on Japan has declined. Political uncertainty in OPEC countries and oil price volatility are the major issues for China, whereas cost is the key area of concern for Japan. South Korea's concerns are less clear. The results of this study lay an important foundation for discussing policy issues involved in regional cooperation, integration and sustainable growth in the East Asian region.
... Smith et al. [13] Created a set of possible scenarios for the energy sector in Colombia and thereby helped to create a better understanding of how the energy system might evolve into the future. Kim et al. [54] Developed scenarios with different levels of nuclear energy utilization, and discussed their effects on the electricity demand and supply situation in the Republic of Korea, in the year 2030. Roinioti et al. [55] Generated scenarios with an emphasis on the electricity generation system and its impact on energy and environment for the Greek energy system. ...
Article
The technology transformation of the power industry is crucial for electricity companies, which need to be prepared for the transition of their traditional business. Using scenario-planning exercises, combined with SWOT and PESTEL analysis, as well as a systems thinking approach, this paper explores potential strategies for electricity companies to grasp the opportunities and offset threats, by focusing on the formulation process for a broad, innovative strategy for the transition in the power business. The paper concludes that the transformation of the Colombian energy industry poses serious challenges to electricity companies when policy and regulation promote the adoption of non-conventional energy sources, at a time when the cost of renewables keep declining; however, with a robust adaptive strategy, companies could better face the transition from current business to new alternatives.
... It has been widely used to project energy demand, supply, and CO 2 emissions considering different scenarios (Heaps, 2013;Lazarus et al., 1995). LEAP has been used to assess the effect of energy policies related to introduction of new technologies or energy sources, energy efficiency measures, and its effects on GHG emissions on national energy systems (Cai et al., 2008;Emodi et al., 2017;He et al., 2010;Huang et al., 2011;Islas et al., 2007;Kim et al., 2011;Kuldna et al., 2015;Zhao et al., 2011). It has also been implemented in the analysis of specific sectors such as transportation (Azam et al., 2016;Hong et al., 2016;Manzini, 2006;Sadri et al., 2014;Shabbir and Ahmad, 2010), industry (Ates, 2015;Wang et al., 2007), households (Davoudpour and Ahadi, 2006), and electricity generation (Bautista, 2012;Cai et al., 2007;Islas et al., 2002;McPherson and Karney, 2014a;Shin et al., 2005). ...
Article
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The aim of this study was to analyze the energy demand in a scenario considering the National Policy for Energy Efficiency (PLANEE) of Ecuador. For this purpose, the effects on energy supply and demand by taking into account an economic scenario were studied. The economic scenario considered historical Gross Domestic Product (GDP). The main contribution is this scenario was considered the Development Plan and current information. The data selected included the fall in GDP in 2015 as a result of the crisis caused by the fall in oil prices. The energy scenarios were designed using Long-range Energy Alternative Planning (LEAP) model. Two scenarios were development, business as usual (BaU) without policies and projects. The results show that energy efficiency measures implicate cumulative energy savings that could reach 216,700 kBOE between 2015 and 2035. Keywords: Energy scenarios, Energy efficiency, LEAP JEL Classification: Q4
... In the 1980s, Korea's economy was given a further boost by favorable external conditions such as the low energy prices (Harvie and Pahlavani, 2006). The increasingly stronger manufacturing sector is the main driver for the growth of not only Korea's economy but also its energy consumption (Kim et al., 2011). ...
Article
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This paper studies how energy security is conceptualized in four resource-poor, advanced island economies: Singapore, South Korea, Japan, and Taiwan. It is found that the energy security conceptualization of the four economies in effect returns to the very original and conventional one: stable and reliable energy supply. However, these economies are different in the level of stability and reliability demanded. Why are they similar in energy security conceptualization whereas different in the level of stability and reliability demanded? Adopting documentation analysis, comparative study, and the varieties of capitalism theory, we find that the nature of economy constitutes the decisive factor that shapes energy security conceptualization. The coordinated market economies (CMEs) are more concerned about energy supply disruption than the liberalized market economies (LMEs). The paper demonstrates that despite numerous energy security concepts in the literature, resource-poor economies still adopt the original and conventional one in practice. The findings suggest that security of supply is the top measure for resource-poor economies to improve their energy security and creating a joint petroleum and LNG market would be desirable for the four economies in this study.
... As advanced, developed economies, both countries have high energy and electricity demand. Japan, a series of islands, and South Korea, an isolated peninsula, have limited fossil fuel reserves and rely on large amounts of imports to meet domestic energy needs [19,20]. Beyond LNG, both countries are among the largest importers of coal in the world. ...
Article
Due to surging natural gas production, the United States is now a growing exporter of liquefied natural gas (LNG) to overseas destinations. However, the potential greenhouse gas implications from increased US natural gas remain unclear. Through a hybrid lifecycle energy strategy analysis, we investigate potential greenhouse gas scenarios of US LNG exports to Asia, the largest source of global LNG demand. We find that the climate impacts of US exports to China, Japan, India, and South Korea could vary tremendously. Annual global lifecycle emissions range from −32 to +63 million metric tons CO2e per billion cubic feet (Bcf) per day of exports. Despite this range, emissions are not likely to decrease and may increase significantly due to greater global energy consumption, higher emissions in the US, and methane leakage. However, international climate obligations are a critical uncertainty underlying all emissions estimates. Our results indicate the need for further research into quantifying the climate impacts of LNG exports, and energy exports more generally.
... Attaining a low carbon society requires the formulation and implementation of strategic policies that are sustainable in the long term 155 . ...
Thesis
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This thesis developed a set of the long-term energy scenarios for Nigeria considering the impact of vital factors that may influence its energy policies in its future energy system. The energy scenarios were developed through the application of the Long-Range Energy Alternatives Planning System (LEAP) model. The Nigerian LEAP model was developed to identify the future energy demand and how it could be met using a least-cost combination of technology options without similar expansion in greenhouse gases. The developed model incorporated four policy scenarios that differ from one another, and this was intended to capture the vital factors that may influence the energy policies in the future. The factors that were taken as parameters included the GDP, the households, the population and urbanization growth rates, and the growth rates of the energy-intensive sectors. The four scenarios that were developed were the reference (REF), low-carbon moderate (LCM), low-carbon advanced (LCA), and green-optimistic (GO) scenarios. The results of the modeled scenarios showed that the energy demand is expected to grow at an annual growth rate of 3.58% (REF), 3.53% (LCM), 2.95% (LCA), and 2.61% (GO). The REF scenario energy demand was the highest (with 3,075 PJ by 2040) while the GO scenario was the lowest (2,249.2 PJ). The GHG emission rate was very low for the GO scenario (124.4 MMTCDE) compared to the other scenarios, and this was due to the high level of renewables and the energy efficiency application into the energy mix. The level of energy policies such as various degrees of energy efficiency and fuel/technology switching was increased from the LCM scenario (which had a moderate policy implementation), the advance LCA scenario, and the more aggressive GO scenario. Furthermore, a cost-benefit analysis was carried out to ascertain the cost of implementing some policies and strategies in Nigeria, including energy efficiency and fuel/technology switching. The results showed that it would cost Nigeria USD1.69 billion to implement policies in the LCM scenario, USD23.8 billion in the LCA scenario, and USD41.4 billion in the GO scenario. With regard to the least-cost electricity generation options for power plants in the different scenarios in this study, it was shown that on-shore wind power and small hydropower are the least-cost electricity generation options overall. For fossil fuel power plants, CCGT was identified as the least-cost electricity generation option as well as the lowest-GHG-emitting power plant besides biomass, which was considered a low-carbon technology. From the results in general, it was observed that low-carbon and renewable technologies will have an important role to play in the realization of low-carbon development in Nigeria. To achieve this feat, this thesis further explored some strategies that can ensure low carbon development in Nigeria, with a view of attaining green growth. These strategies include adopting the green growth ideology and coming up with energy policy reforms, long-term energy plans and targets, energy regulations and standards, environmental tax reforms, urban plans, efficient building designs, and measures to improve the efficiency of the country’s energy and transport system. This thesis is significant in that it applied a bottom-up approach for the Nigerian energy model, performed a cost-benefit analysis, presented leastcost electricity generation options, and suggested strategic energy policies. The findings from this thesis can be used as a guide in the development of energy policies and sustainable strategies for the attainment of low-carbon development in the long term in Nigeria.
... The LEAP model is employed to explore various scenarios of the energy system development in Taiwan [36], China [37], Iran [38], Panama [39], Maharashtra, India [40], Pakistan [41], and Africa [42]. LEAP has also been actively applied to study the energy and CO 2 impacts of a power system expansion with a special focus on a particular energy source such as landfill gas in Korea [43], nuclear in Korea and Japan [44,45] and renewable in Southeast Asia [28]. None of these studies combined the accounting and optimization settings in LEAP for the analysis. ...
Article
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The power sector in many developing countries face challenges of a fast-rising electricity demand in urban areas and an urgency of improved electricity access in rural areas. In the context of climate change, these development needs are challenged by the vital goal of CO2 mitigation. This paper investigates plausible trade-offs between electrification and CO2 mitigation in a developing country context, taking Indonesia as a case study. Aligned with the 2015 Paris Agreement, the Government of Indonesia has announced its voluntary pledge to reduce 29% of its GHGs emissions against the business as usual scenario by 2030. 11% of this should be attained by the energy sector. We incorporate the Indonesian Paris pledge into the modelling of capacity expansion of the Java-Bali power system, which is the largest power system in Indonesia. The LEAP model is used for the analysis in this study. Firstly, we validate the LEAP model using historical data of the national electricity system. Secondly, we develop and analyse four scenarios of the Java-Bali power system expansion from the base year 2015 through to 2030. These include a reference scenario (REF) to reflect a continuation of the present energy mix (REF), then a shift from coal to natural gas (NGS) (natural gas), followed by an expansion of renewable energy (REN) and, finally, the least-cost option (OPT). The shift to natural gas decreases future CO2 emissions by 38.2 million ton, helping to achieve the CO2 mitigation target committed to. Likewise, an escalation of renewable energy development in the Java-Bali islands cuts the projected CO2 emissions by 38.9 million ton and, thus, assures meeting the target. The least-cost scenario attains the targeted emission reduction, but at 33% and 52% lower additional costs compared to NGS and REN, respectively. The cost-effectiveness of CO2 mitigation scenarios range from 14.9 to 41.8 US$/tCO2e.
... Its versatility for modelling different energy systems supports, in a single model, a wide range of modelling methodologies for both the demand and the supply side, including bottom-up [35], top-down macroeconomic modelling and also hybrid model possibilities [29]. In addition, the modelling framework can be scaled in regional [36], national [37] [38], and city perspectives [39] [40], and can address electricity demand-supply analyses [41] [42], [43], cost-benefit studies [44], emission mitigation assessments [45] [46], and other specific sectorial analyses including e.g. transport [47] [48], or landfill gas [49] in developed and developing countries. ...
... The annual growth rate of the TPES in the ROK is projected to stabilize at around 2% in the coming decade; which in the 1990s was about 14% and decreased to 5% between 2000 to 2010 [53]. ...
Article
The primary objectives of this study were to understand the energy plans and policies of the Republic of Korea (ROK) and outline its development in the energy sector. Both qualitative and quantitative information were gathered and evaluated in the context of the defined objectives. The study has outlined that the primary motivational factor for achieving the current improved energy status of the ROK was to support the rapid industrial growth and socio-economic development of the country. The major steps taken were to manage the country's escalating energy demand and to minimize the greenhouse emissions in energy sector along its progressive economic development. The economic growth of the country had good correlation with the escalating fossil fuel consumption. This is however among the great concerns in the country in today's global agenda of sustainable energy managements. The country has been primarily relying on the imported energy sources, which averaged to 84% (including nuclear generation) of the total primary energy supply (TPES) during the period of 2000–2014. Oil has been the main source of energy supply in the country, followed by coal and natural gas. Penetration of renewable energy technologies was primarily motivated to meet the country's strategic goals, including the downscaling of GHG emission by 37% by 2030 compared to the business-as-usual (BAU) situation. Despite the different initiations in the energy management, renewable energy sources covered only 4.5% of the TPES in 2014. In addition, the country's urgent need now is also towards the management of the available natural resources to support the growing demand of bio-economy. At this particular interest, the country needs to identify the sustainable availability of resources to balance the multi-fold sectors. This demands comprehensive energy-system analysis along with identifying the avenues of the utilization of biomass resources.
Article
This paper analyzes South Korea's energy policy after the Fukushima disaster. The policy is seen from two dimensions, namely internal policies and external policies. The variable used in viewing the policy is through the framework described by Duffield. According to Duffield, internal policy responses can be seen from emergency preparations and reducing dependencies on foreign energy sources. In contrast, external policy response can be seen through policy toward energy-producing and transit countries, also other energy-consuming and importing countries. This research is qualitative with descriptive analytics. The study found that South Korea took several energy policies related to its domestic politics to reduce its dependence on energy imports. At the same time, for the external responses, South Korea intends to diversify its cooperation with the energy-exporting countries and continues to encourage international cooperation among the importing countries.
Article
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This paper is examined whether the relationship between economic growth and energy security risk level is symmetric or asymmetric in the case of Turkey between 1980 and 2018. What makes different of this study from the others few studies that examine the effects of energy security on economic growth by considering the 4A of energy security is that it examines the asymmetric impacts of energy security on economic growth by using the NARDL method. Accordingly, the results of the linear ARDL demonstrate that there is no long-term relationship between energy security risk level and economic growth. On the other hand, the results of the non-linear ARDL indicate that there is an asymmetrical relationship between economic growth and energy security risk level both in the long and short-term. Furthermore, according to the NARDL results, a 1% increase in energy security risk level decreases economic growth by approximately 0.60%, while a 1% decrease in energy security risk level increases economic growth by approximately 1.72%. These results demonstrate that economic growth in Turkey is significantly affected by positive and negative changes in the energy security risk level. Therefore, the results reveal the importance of policies to ensure energy security and allow for important policy implications for policymakers.
Article
The 2050 Clean Energy Master Plan, which entails a transition to clean energy by 2050, has been announced for Busan, South Korea. It includes target and market potential supply for solar and wind energy in 2050. As natural-gas-powered fuel cells are considered in the Master Plan, this study examined the extent to which natural gas can be replaced by hydrogen produced in Busan. EnergyPLAN was employed to simulate the balance between supply and demand considering the deployment of electric and hydrogen vehicles. Hydrogen for the fuel cells is postulated to be produced via electrolysis, employing possible surplus electricity and extracted from municipal solid waste. The results indicate that surplus electricity can be expected in both target and market potential supply scenarios under the target demand in 2050. The surplus electricity from target and market is 1.77 and 6.26 TWhe, respectively. With 0.68 TWh-H2 from waste, the total hydrogen production is 1.97 and 5.25 TWh-H2, accounting for 15.2 % and 40.4 % replacement, respectively. Regarding the target supply and BAU demand, the electricity balance is in deficit, necessitating electricity import from neighboring provinces. The CO2 emissions of the target supply and market potential supply are estimated to be 3.97 and 4.11 million tCO2.
Article
After the Fukushima accident, most nations that use nuclear power programmes as their main energy facility reexamined their national energy and electricity plans and policies. Moreover, the accident resulted in huge losses of lives and capital, affecting public perceptions and acceptance of nuclear power plants (NPPs). Understanding the related motivations and hindrances that affect public perceptions is essential to revising these energy plans and policies. On the basis of a survey conducted in South Korea, this study investigates public perceptions of NPPs. Moreover, it explores the effects of four factors, perceived costs, system reliability, awareness, and environmental knowledge, on the perceived benefits, risks, and public attitudes that influence the public’s intention to use NPPs. This study finds that perceived benefits played a key role in determining the public’s intention to use NPPs. Furthermore, their perceived benefits are significantly affected by the four factors listed above. Moreover, both environmental knowledge and perceived costs have notable effects on perceived risks. On the basis of the obtained results, both implications and limitations of the study are presented.
Article
The power generation sector is one of the largest sources of greenhouse gas emissions in South Korea. Reducing greenhouse gas emissions in this sector is therefore of crucial importance. The government has recently released its core energy policy objectives: elimination of coal-fired power generation, phase-out of nuclear plants, and promotion of renewable energy sources. This energy policy should be consistent with the national climate change response policy. This paper analyzed the optimum power generation structure based on the South Korean government’s energy policy and climate change policy and then analyzed the optimum power generation structure if the greenhouse gas reduction and renewable energy targets were different. Seven scenarios with different 2030 greenhouse gas reduction and renewable energy generation targets were investigated. The scenario analysis shows that it is difficult to reduce dependence on coal power generation if the South Korean government’s current energy and climate change policies are maintained. The current greenhouse gas reduction target level is insufficient to be a driving force for energy transition, but dependence on coal power generation can be reduced by applying a deeper level of greenhouse gas reduction (e.g. 50% reduction compared to BAU). To achieve the energy transition planned by the South Korean government, it would be necessary to set a target for greenhouse gas reduction that is deeper than the current plan. The results of this study analyzing the optimal power configuration for 2030 in light of South Korea’s energy and climate change policies are expected to contribute to the South Korean government’s establishment of policies in the future.
Conference Paper
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The purpose of this study is to develop a reference energy system and forecast the energy consumption for a 30 year period (2013-2043) in Iran and examine the effects of several demand side management strategies. Forecasting of energy consumption for a 30 year period, has been calculated with the means of ANN (Artificial Neural Network) in order to calculate the effect of population and GDP (Gross Domestic Product) on energy consumption. RES (Reference Energy System) for 2043 was presented by the use of energy consumption prediction and LEAP (long-range energy alternative planning) software, and the effect of each proposed scenarios on energy consumption has been studied. Three scenarios are examined in order to manage demand side: improving efficiency of electric motors, utilization of electric vehicles and utilization of electric stoves instead of natural gas fueled stoves. The results show that applying proposed scenarios decreases respectively 23.45, 241.7 and 100.5 million barrel of oil in the last year of the project.
Chapter
This chapter aims to provide an update of the state of art of existing feedstocks for biofuel production from lignocellulosic biomasses. Lignocellulosic biomass is considered an important bioresource that can be utilized in many forms. In function of the nature of this lignocellulosic biomass, it is possible to make a difference between three feedstock generations. In the first one, the substrate consists mainly of seeds, potato, and grains, and the production process consists in the purification of simple sugars to obtain ethanol. But, the first-generation biofuels have been perceived as unsustainable from both an environmental and an industrial production cost points of view. So, the research has switched to the development of more advanced biofuels. For this reason, the first-generation feedstocks have been replaced in a first time by a second one (mainly agricultural wastes) and in a second time with a third one (algae). This chapter presents a critical analysis of published data on both the applications and potentiality of the bioenergy production from second and third generation of feedstocks.
Article
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The Energy and Greenhouse Gas (GHG) Target Management System (TMS) is one of South Korea’s major instruments to achieve national energy policy as well as GHG reduction targets. The TMS was introduced in the late 1990s, focusing on energy only and aiming to reduce the level of South Korea’s energy consumption and fossil fuel imports. During the presidency of Lee Myung-bak, the system was reformed and a GHG abatement function was integrated. This paper applies an analytical governance perspective to investigate the main procedural logic of the TMS. Even though South Korea’s GHG policy is closely linked to the Kyoto Protocol, the Energy and GHG TMS does not rely on market-based instruments. In fact, it combines command-and-control components with strong voluntary network-like mechanisms. The analysis indicates that the Korean TMS thus represents a policy alternative to an emissions trading system. In conclusion and in reference to an eventual Kyoto follow-up agreement, the paper recommends a better integration of such not market based, energy consumption and GHG abatement addressing instruments with global climate change politics.
Article
An industry’s relationship of supply and demand with the energy sector can be a critical factor in the stability of its economic performance. Furthermore, the patterns of industry dependence on energy industries can be a major characteristic of entire industrial structure. This research evaluates industries’ impact scores for their overall influence on other industries and vulnerability to supply and demand shocks from the energy sector. The study utilizes a sample of Korea’s industrial input–output tables from 2010 to 2012. Using a chain of complementary methodologies, this study finds that among four clusters, energy, services, and raw materials are key members that can spread energy shocks to other industries. Therefore, governments need to prepare effective energy efficiency policies for these target industries.
Article
As more and more countries adopt the IAEA's Additional Protocol, all kinds of nuclear secrets will come spilling out. Currently under the microscope: South Korea.
Statistics of Electric Power in Korea
  • KEPCO
  • KEPCO
Yearbook of Energy Statistics, 2009
  • KEEI
  • KEEI
Long- & Short-Term Load Pattern Analysis of 30 Years
  • Korea Power Exchange (KPX)
  • Korea Power Exchange (KPX)
Survey on Electricity Consumption Characteristics of Home Appliances
  • KPX
  • KPX
National Mid-term Target for Greenhouse Gas Mitigation
  • PCGG
  • PCGG
Ministry of Government Legislation (MOLEG)
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Energy and Environment in the Korean Economy
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WNA Reactor Database: Korea RO (South) Available as: 〈http://www.world-nuclear.org/NuclearDatabase/rdResults.aspx?id=27569〉
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Yearbook of Energy Statistics
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The 4th Basic Plan of Long-Term Electric Supply and Demand 2008–2022
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The 1st Basic National Energy Plan
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Development of Post-Kyoto Climate Policies and Integrated Emission Management Strategies based on Decomposition Analysis of Greenhouse Gases and Air Pollutants Emissions
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Korea's Perspective on Energy and Economic Cooperation in Northeast and Central Asia Available as: 〈http://www.keei.re.kr/keei/download/seminar
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2008 USDOE Energy Information Administration (USDOE/EIA) Carbon dioxide emissions data files downloaded from 〈http://www.eia.doe.gov/iea/〉
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The Nuclear Power Sector in the Republic of Korea: Nuclear Materials Management/Fuel Cycle Practices, Plans and Policies. Presentation prepared for the Asian Energy Security Workshop
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Energy Demand Forecast and Policy Directions in Korea Presentation prepared for the Asian Energy Security Workshop Available from Five-year green growth plan
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  • S K Lee
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Lee, S.K., S.I. Lee, 2008. Evaluation of Energy Efficiency in Residential & Service Sector. KEEI Research Paper, dated 2008-12-31. Abstract available from: /http://www.keei.re.kr/main.nsf/index_en.htmlS. Marketwire, 2009. Harvest Energy Trust Agrees to C$4.1 Billion Sale to Korea National Oil Corporation. Dated October 21, 2009, and available as: /http:// www.marketwire.com/press-release/Harvest-Energy-Trust-Agrees-to-C41-Bil lion-Sale-to-Korea-National-Oil-Corporation-TSX-HTE.UN-1063559.htmS. Ministry of Commerce, Industry, and Energy, and the Korea Energy Economics Institute (MOCIE/KEEI), 2006. KEEI Yearbook of Energy Statistics. MOCIE (now the Ministry of Knowledge Economy) and KEEI (pp. 368–369).
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