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Korea Electricity Security Review Abstract Acknowledgements Table of contents Executive summary Flexibility Operational security Long-term planning Market improvements Cyber and climate resilience Chapter 1 – Electricity security developments in Korea and globally Electricity security in a changing landscape Electricity security: What do we mean? Energy transitions around the world A decarbonised power system will require a much greater contribution from VRE Korea’s electricity objectives Overview of Korea’s electricity sector Current generation mix Current market structure Current policy support for variable renewables History of reliability Institutional framework of Korea’s electricity sector References Chapter 2 – Evolving system flexibility requirements Different phases of VRE integration Korea’s flexibility requirements towards 2030 Existing and potential flexibility resources to facilitate VRE integration System-friendly deployment of VRE Improving flexibility from thermal generation Analysing opportunities for flexible nuclear Role of storage at high shares of VRE Perspective on PSH Perspective on battery storage Long-term flexibility requirements and the role of synthetic
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- Author
- Korea Energy Economics Institute
- Language
- EN
- Category
- nonfiction
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