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Renewable energy
MainBusiness AreaRenewable energySolar power generation (RPS)Business Overview
Business Overview
Overview
The system obliges the suppliers(with power generation facilities of 500,000 KW or more) to provide the renewable energy (such as solar light) within 10% of the total electricity production in order to expand and distribute the renewable energy.
[Article 12-5 of the Act on the Promotion of New and Renewable Energy Development and Use]
A mandatory amount to supply by using solar energy
Year | '12 | '13 | '14 | '15 | '16 | '17 | '18 | '19 | '20 | '21 | '22 | since '23 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ratio(%) | 2.0 | 2.5 | 3.0 | 3.0 | 3.5 | 4.0 | 5.0 | 6.0 | 7.0 | 8.0 | 9.0 | 10.0 | |
Mandatory amount(REC) | 6,420 | 9,210 | 11,577 | 12,375 | 15,081 | 17,039 | 21,999 | 26,966 | 31,401 | 35,588 | - | - | - |
· Quantity of supply = total amount of electricity generated by the supplier (excluding renewable energy generation) x duty ratio
· The ratio of supply quantity per year (Annex 3 of enforcement decree of the new energy and renewable energy development, use, supply and promotion Act)
· The amount of supply per year is confirmed after the first announcement at the end of January of the same year , the re-announcement in September.
The weight of solar power supply certificate
Classified | Supply certificate weight | Target energy and standards | |
---|---|---|---|
Installation types | Details | ||
Solar power energy | 1.2 | installing on a regular site | Under 100kW |
1.0 | From 100kW | ||
0.7 | More than 3,000kW | ||
0.7 | installing on a mountain | - | |
1.5 | using existing facilities such as buildings | Under 3,000kW | |
1.0 | More than 3,000kW | ||
1.5 | installing on floating surface like oil | - | |
1.0 | trading electricity through private power generation facilities | - | |
5.0 | ESS facility ( related to solar power facility) | '2018, '2019 | |
4.0 | '2020 |
· The weight is determined by the Minister of Commerce, Industry and Energy , considering the effect on environment, technology development and industrial activation, cost of development, potential capacity, and effect on GHG emission reduction. Supply certificate weights are reviewed every three years (available to shorten the review period if necessary)
· For details, see Annex 2 of the Ministry of Industry Announcement No. 2017-204, "Guidelines for Management and Operation of New and Renewable Energy Mandatory System and Fuel Mixing Mandatory System", and "Center Notification No. 2017-21" Refer to Attached Table
Business area of KEPID
Total service for customer satisfaction
We are providing Photovoltaic IPP, EPC,O&M business with clients.
Advantages of KEPID
Operation of Solar power plant research complex (Kangjin Solar power generation plant)
In September 2006, KEPCO developed a 200 KW solar power plant in Gangjin-gun, Jeollanam-do using its own technical personnel and operated it as a solar power plant research complex.
Single axis of tracking system
Celestial biaxial tracking system
Fixed solar power system