>INTRODUCTION TO THE BUSINESSES
Countermeasures against climate change >
International cooperation on energy efficiency
- International cooperation on energy efficiency
- Our country has been actively participating in international cooperation activities such as IEA 4E, APP BATF, APEC EGEE&C, etc., to develop policies for enhancing energy efficiency in the facilities and equipment sectors and to strengthen international cooperation systems.
- Currently, a total of 4 annexes (projects) including ① mapping and benchmarking, ② standby power, ③Motor System, and ④ Solid State Lightening (SSL) are being implemented. Korea is participating in two projects i.e., mapping and benchmarking and standby power.
Mapping & Benchmarking
|| USA, Canada, Australia, France, Netherlands, Denmark, Switzerland, Austria, Korea
||Netherlands, Canada, Switzerland, Korea, UK
||Denmark, Australia, Netherlands, UK, Austria
|Solid State Lighting (SSL)
- IEA DSM: The Demand-Side Management Technologies ad Programs of IEA (IEA DSM) consists of 19 countries and the EC and it develops a variety of strategies for reducing energy demand. Korea is an official member since March 2002. IEA DSM has been conducting 24 international joint researches, called "TASK." Korea has taken part in 9 tasks and 7 tasks are underway as of 2011.
- International Partnership for Energy Efficiency cooperation(IPEEC) includes the G8 (USA, UK, France, Germany, Italy, Canada, Japan, Russia) +6 (China, India, Brazil, Mexico, Korea, Australia) countries. It aims to improve energy efficiency through international cooperation to share policies on energy efficiency.
- There are 8 international projects are currently being carried out, and Korea is participating in 3 programs, including Sustainable Buildings Network (SBN), Super-efficient Equipment and Appliance Deployment (SEAD) and Global superior Energy Performance Partnership (GSEP)
- Since 2011, Korea Energy Management Corporation (KEMCO) has been carrying out Domestic Emissions Trading Pilot Project for Power and Industry Sector to provide Korean industries with the opportunity to experience emissions trading before the commencement of the nation-wide emissions trading scheme in 2015.
- In order to maximize the Project effectiveness, KEMCO linked the Project with GHG Energy Target Management Scheme and borrowed not only the scheme target but also Measurement, Reporting & Verification (MRV) tool. Also, by providing web-based trading platform for online simulation trading using cyber-money KEMCO expects to minimize the burden of project participants which might arise from cash transactions. As a result, the project participants have traded permits and took part in auctioning. KEMCO will evaluate the performance of all participants and reward companies which show outstanding results.
<Overview of Domestic Emissions Trading Pilot Project>
||Number of Participants
|Emission of Power &
||Total Volume (1,000KAU)
||Auction Volume (1,000KAU)
||Total Transaction Value
* KAU : Korea Assigned Unit, 1KAU=1tCO2