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A review on energy systems and GHG emissions reduction plan and policy of the Republic of Korea: Past, present, and future

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  • Kafle, Sagar
  • Parajuli, Ranjan
  • Bhattarai, Sujala
  • Euh, Seung Hee
  • Kim, Dae Hyun

Abstract

The primary objectives of this study were to understand the energy plans and policies of the Republic of Korea (ROK) and outline its development in the energy sector. Both qualitative and quantitative information were gathered and evaluated in the context of the defined objectives. The study has outlined that the primary motivational factor for achieving the current improved energy status of the ROK was to support the rapid industrial growth and socio-economic development of the country. The major steps taken were to manage the country's escalating energy demand and to minimize the greenhouse emissions in energy sector along its progressive economic development. The economic growth of the country had good correlation with the escalating fossil fuel consumption. This is however among the great concerns in the country in today's global agenda of sustainable energy managements. The country has been primarily relying on the imported energy sources, which averaged to 84% (including nuclear generation) of the total primary energy supply (TPES) during the period of 2000–2014. Oil has been the main source of energy supply in the country, followed by coal and natural gas. Penetration of renewable energy technologies was primarily motivated to meet the country's strategic goals, including the downscaling of GHG emission by 37% by 2030 compared to the business-as-usual (BAU) situation. Despite the different initiations in the energy management, renewable energy sources covered only 4.5% of the TPES in 2014. In addition, the country's urgent need now is also towards the management of the available natural resources to support the growing demand of bio-economy. At this particular interest, the country needs to identify the sustainable availability of resources to balance the multi-fold sectors. This demands comprehensive energy-system analysis along with identifying the avenues of the utilization of biomass resources.

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  • Kafle, Sagar & Parajuli, Ranjan & Bhattarai, Sujala & Euh, Seung Hee & Kim, Dae Hyun, 2017. "A review on energy systems and GHG emissions reduction plan and policy of the Republic of Korea: Past, present, and future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 1123-1130.
    • Handle: RePEc:eee:rensus:v:73:y:2017:i:c:p:1123-1130
    DOI: 10.1016/j.rser.2017.01.180
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    2. Andrew Chapman & Hidemichi Fujii & Shunsuke Managi, 2018. "Key Drivers for Cooperation toward Sustainable Development and the Management of CO 2 Emissions: Comparative Analysis of Six Northeast Asian Countries," Sustainability, MDPI, vol. 10(1), pages 1-12, January.
    3. Yongbum Kwon & Hyeji Lee & Heekwan Lee, 2018. "Implication of the cluster analysis using greenhouse gas emissions of Asian countries to climate change mitigation," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(8), pages 1225-1249, December.
    4. Jihoon Jang & Joosang Lee & Eunjo Son & Kyungyong Park & Gahee Kim & Jee Hang Lee & Seung-Bok Leigh, 2019. "Development of an Improved Model to Predict Building Thermal Energy Consumption by Utilizing Feature Selection," Energies, MDPI, vol. 12(21), pages 1-20, November.
    5. Razmjoo, Armin & Mirjalili, Seyedali & Aliehyaei, Mehdi & Østergaard, Poul Alberg & Ahmadi, Abolfazl & Majidi Nezhad, Meysam, 2022. "Development of smart energy systems for communities: technologies, policies and applications," Energy, Elsevier, vol. 248(C).
    6. Sung, Bongsuk, 2019. "Do government subsidies promote firm-level innovation? Evidence from the Korean renewable energy technology industry," Energy Policy, Elsevier, vol. 132(C), pages 1333-1344.
    7. Herie Park & Sungwoo Bae, 2021. "Quantitative Assessment of Energy Supply Security: Korea Case Study," Sustainability, MDPI, vol. 13(4), pages 1-15, February.
    8. Kafle, Sagar & Euh, Seung Hee & Cho, Lahoon & Nam, Yun Seong & Oh, Kwang Cheol & Choi, Yun Sung & Oh, Jae-Heun & Kim, Dae Hyun, 2017. "Tar fouling reduction in wood pellet boiler using additives and study the effects of additives on the characteristics of pellets," Energy, Elsevier, vol. 129(C), pages 79-85.
    9. Kyung-Yong Park & Deok-Oh Woo & Seung-Bok Leigh & Lars Junghans, 2022. "Impact of Hybrid Ventilation Strategies in Energy Savings of Buildings: In Regard to Mixed-Humid Climate Regions," Energies, MDPI, vol. 15(6), pages 1-20, March.

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