[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.14249/eia.2017.26.6.479

The Optimal Energy Mix in South Korea's Electricity Sector for Low Carbon Energy Transition in 2030: In Consideration of INDC and Sequential Shutdown of Decrepit Nuclear Power Plants

Kim, Dongyoon (KU-KIST GreenSchool, Graduate School of Energy and Environment, Korea University)
Hwang, Minsup (Department of Urban Management Research, The Seoul Institute)

Publication Information

Journal of Environmental Impact Assessment / v.26, no.6, 2017 , pp. 479-494 More about this Journal

Abstract

After Fukushima incident, negative sentiment towards nuclear power has led to transition in policies that reduce the dependency on nuclear power in some countries. President Moon of Republic of Korea also announced a national plan of decommissioning retired nuclear power plants stage by stage. Therefore, nuclear power that once was considered the critical solution to energy security and climate change is now a limited option. This study aims to find an optimal energy mix in Korea's electricity system from 2016 through 2030 to combat climate change through energy transition with minimum cost. The study is divided into two different scenarios; energy transition and nuclear sustenance, to compare the total costs of the systems. Both scenarios show that electricity generated by wind technology increases from 2018 whereas that of photovoltaic(PV) increases from 2021. However, the total cost of the energy transition scenario was USD 4.7 billion more expensive than the nuclear sustenance scenario.

Keywords

Energy system modeling; energy transition; renewable energy; linear program; INDC;

Citations & Related Records

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