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http://dx.doi.org/10.15266/KEREA.2022.31.4.865

An Analysis of Changes in Power Generation and Final Energy Consumption in Provinces to Achieve the Updated Nationally Determined Contribution (NDC)  

Minyoung Roh (Energy Systems Research Center, Ajou University)
Seungho Jeon (Graduate School of International Studies, Ajou University)
Muntae Kim (Department of Energy Systems Research, Ajou University)
Suduk Kim (Department of Energy Systems Research, Ajou University)
Publication Information
Environmental and Resource Economics Review / v.31, no.4, 2022 , pp. 865-885 More about this Journal
Abstract
Korean government updated her Nationally Determined Contribution (NDC) in 2021 and announced the target and various measures for reductions. Among the many issues, final energy demand and renewable energy power mix for 17 provinces to achieve the target are being analyzed using GCAM-Korea. Simulation results show that final energy demand of 2030 is approximated at the similar level to that of 2018. This is being enabled by the conservation of coal with higher electrification especially in industry sector. Higher power demand with lower coal consumption in final energy consumption is shown to be provided by 33.1% of renewable, 24.6% of gas, and 18.0% of nuclear power generation in 2030. Meanwhile, the share of coal-fired power generation is expected to be reduced to 12.8%. Major future power provider becomes Gyeongbuk (Nuclear), Gyeonggi (Gas), Jeonnam (Nuclear, Gas) and Gangwon (PV, Wind), compared to one of current major power provider Chungnam (Coal). This analysis is expected to provide a useful insight toward the national and provincial energy and climate change policy.
Keywords
Nationally Determined Contribution (NDC); Renewable generation; Energy demand; Emissions reduction;
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Times Cited By KSCI : 3  (Citation Analysis)
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