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http://dx.doi.org/10.15266/KEREA.2016.25.4.565

Abatement Potentials of Power Generation Technologies for the Achievement of National INDC  

Baek, Minho (Department of Energy Systems Research, Ajou University)
Roh, Minyoung (Department of Energy Systems Research, Ajou University)
Yurnaidi, Zulfikar (Department of Energy Systems Research, Ajou University)
Kim, Suduk (Department of Energy Systems Research, Ajou University)
Publication Information
Environmental and Resource Economics Review / v.25, no.4, 2016 , pp. 565-590 More about this Journal
Abstract
In accordance with the global efforts to reduce greenhouse gas emissions, Korean government submitted its INDC (Intended Nationally Determined Contribution) of 25.7% for domestic reduction and the total of 37% reduction by 2030 including the purchase of emission reduction permit from abroad. In this study, 25.7% reduction target is being evaluated to see its impact on domestic energy system using the integrated assessment model, GCAM (Global Change Assessment Model). Results show that electricity generation from fossil fuel technologies using coal and gas decrease by 28.0%, 13.5% while that of biomass, wind power, solar energy increase by 47.6%, 22.0% and 45.4%, respectively. It is worth noting that so called new technology such as USC (ultra supercritical power generation) does not contribute to achieving the emission reduction target and careful and quantitative analysis is required for such categorization in the future.
Keywords
INDC; Integrated Assessment Model; Power Sector; New Technology; Energy;
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