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http://dx.doi.org/10.5855/ENERGY.2016.25.3.136

Economic Effects of the Post-2020 Climate Change Mitigation Commitments: From the Generation Industry's Perspective  

Yun, Taesik (Korea Hydro&Nuclear Power Co. LTD, Central Research Institute, Decommissioning & Spent Fuel Technology Center, Decommissioning Engineering Team)
Lee, Bongyong (Korea Hydro&Nuclear Power Co., Innovation Office, LTD Management Research Institute)
Noh, Jaeyup (Korea Hydro&Nuclear Power Co., Innovation Office, LTD Management Research Institute)
Publication Information
Journal of Energy Engineering / v.25, no.3, 2016 , pp. 136-148 More about this Journal
Abstract
We analyze economic effects of GHG reduction measures of the generation industry to meet 2030 GHG reduction target using the scenario based approach. We estimate the GHG emission of the Korean power industry in 2030 based on both the $7^{th}$ Electricity Supply & Demand Plan and the GHG emission coefficients issued by IAEA. We set up three scenarios for reduction measures by replacing the coal fired plants with nuclear power, renewable energy and carbon capture and storage. Once and for all, the nuclear power scenario dominates the other energy technologies in terms of GHG reduction quantities and economic effects.
Keywords
Post-2020; Climate Change; GHG Reduction; The $7^{th}$ Electricity Supply & Demand Plan; Economic Effect;
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