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Experiences of biomass power and pellets in Asia

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3. Korea: Biomass Policy<br />

RPS (Renewable Portfolio St<strong>and</strong>ard) implements from 2012<br />

A st<strong>and</strong>ard obligates major electric <strong>power</strong> company(capacity : more than 500MW)<br />

to supply some rate <strong>of</strong> the energy they provide as renewable energy.<br />

Obligatory electronic supply <strong>of</strong> renewable energy<br />

= Total electricity supply <strong>of</strong> electronic bus<strong>in</strong>ess X Obligatory rate<br />

9%<br />

10%<br />

Obligatory rate<br />

8%<br />

6%<br />

7%<br />

2%<br />

2.5%<br />

3%<br />

3.5%<br />

4%<br />

5%<br />

NRE generation (BAU)<br />

'12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22<br />

Copyright c 2012 Eco-Frontier Co. All rights reserved. 14

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