Green Energy Future South Korea 2020


South Korea, Asia's fourth-largest economy, under the governmental strategy "RE 3020" set out by the Ministry of Trade, Industry and Energy (MOITE), renewables are targeted to generate 20% of South Korea electricity by 2030. That is, more than 95% of new capacity is Solar PV and Wind. Newly 30.8GW of Solar PV and 16.5 GW of wind capacity will be added by 2030. Beyond "RE 3020", revised 2040 RE target will be of 30~35% RE in Power mix by 2040.

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