1. Introduction to the businesses
  2. Energy saving in buildings
  3. Countermeasures 
against climate change
  4. Energy saving 
in transportation
  5. New? renewable 
energy
    1. Goal
    2. A Message from the Director
    3. Overview of KEMCO and NREC
    4. Energy Review in Korea
    5. Energy Review in Korea
    6. Current status of NRE RD&D in Korea
    7. Program for promoting NRE deployment
    8. Program for promoting NRE utilization
    9. International Cooperation
  6. Inspection of heat-using machines and equipment
  7. Energy Audit
  8. Energy Service Company (ESCO)
  9. Support in the form of funds and tax incentives
  10. Integrated Energy Supply (IES)
  11. Consultation for Energy Use plan
  12. Efficiency management system
  13. bottom
HOME > INTRODUCTION TO THE BUSINESSES > New renewable energy > Program for promoting NRE deployment
Program for promoting NRE deployment
Feed-in-tariffs NRE mandatory use for public buildings Certificate of NRE systems Renewable Energy Service Companies Renewable Portfolio Agreement (RPA)
Renewable Portfolio Standards (RPS)
The RPS is a system that enforces power producers to supply a certain amount of the total power generation by new and renewable energy. England, Sweden, Canada and Australia introduced the RPS and are running the system.
The U.S. (Currently 29 states are operating the RPS) is also promoting the introduction of a RPS act in federal level (June 2009, the Lower House).
• Applicable area in RPS
PV, wind power, hydro power, fuel cell, ocean energy, bio energy and other energy prescribed by Korean government.
• Obligators
Companies that have power plants generating 500,000 kilowatts (NRE power plants excluded).
* Applicable companies : Korea Hydro & Nuclear Power Co., Ltd., Korea South-East Power Co., Korea Midland Power Co., Korea Western Power Co., Korea Southern Power Co., Korea East-West Power Co., Korea District Heat Corporation, Korea Water Resources Corporation, Posco Energy, SK E&S, GS EPS, GS Power, MPC Yulchon.
• Obligatory supply rate by suppliers
Starting from 2% at the beginning (2012), the rate will increase up to 10% in 2022.
• Multiplier
• Comparison between the Feed-in-tariff and the RPS