"South Korea government announced 2nd National Energy Master Plan on January 2014. The major targets are:
"- A renewables target of 5.2% in the primary energy supply by 2020 and 11% by 2035. The major increasing sources are PV and Wind energy.
"- Distributed power plants (Microgrid with Renewables, Regional energy) will supply above 15% of total electricity generation by 2035.
"- Demand reduction of 13% in the total energy demand and 15% in the electricity demand by 2035. To achieve targets, demand side management using a ICT (Information Communication Technology)-based smart grid including ESS (Energy Storage System) will be conducted. Also, tax and tariff system will be changed.
"- Reduction of carbon dioxide emission by 30% below business-as-usual (BAU) levels by 2020." (ORNL, )
Targets
- 13% demand reduction (final energy consumption) by 2035 relative to national BAU (254.1 MToe)
- 15% demand reduction in electricity by 2035 relative to national BAU (816 TWh)