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http://dx.doi.org/10.5855/ENERGY.2016.25.4.110

Development Strategy of the Renewable Energy Industry through Improvement of Renewable Portfolio Standard : Focused on Photovoltaic and Wind  

Kim, Jongwoan (Graduate School of Knowledge based Technology and Energy, Korea Polytechnic University)
Park, Sangchul (Graduate School of Knowledge based Technology and Energy, Korea Polytechnic University)
Publication Information
Journal of Energy Engineering / v.25, no.4, 2016 , pp. 110-123 More about this Journal
Abstract
Since increase in energy consumption and environmental issues started to grab global attention, various countries have had their own supporting policy to promote supply of renewable energy which is a stable and eco-friendly energy source. This study analyses Korean Renewable Portfolio Standard by comparative analysis of current policies in major countries in respect of design components of a pragmatic industrial policy system, such as political leadership, policy coordination and consultative committee discussion, and policy enforcement with responsibility and transparency. This is to identify problems and to present political suggestions for successful management of the standard based on a fundamental concept of the pragmatism industrial policy. It is predicted that the strategic cooperation between a market and a government leads to industry development as the relationships of two parties are regarded not as antagonistic but as complementary.
Keywords
Renewable Energy; FIT; RPS; Industrial Policy;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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