1. Home
  2. Asia - Pacific
  3. South Korea installed 4.4 GW of PV capacity in 2021 – EQ Mag Pro
South Korea installed 4.4 GW of PV capacity in 2021 – EQ Mag Pro

South Korea installed 4.4 GW of PV capacity in 2021 – EQ Mag Pro

0
0

Renewable energy output hits 4.8 GW in 2021, again surpassing gov’t goal

The Ministry of Trade, Industry and Energy said Jan. 5 that the country’s total renewable energy output in 2021 was 4.8 gigawatts (GW), surpassing the government’s goal by 0.2 GW.

Solar power contributed most of the clean power last year, with 4.4 GW generated. Wind turbines contributed 0.1 GW, while that from biomass and other renewable sources reached 0.3 GW.

The accomplishment marks the fourth consecutive year that national renewable energy output has surpassed annual goals since 2018, the year before the country launched its Renewable Energy 3020 Plan ― boosting renewable sources-based output to 20 percent of the country’s overall power generation by 2030.

As of last year, the country’s accumulated renewable energy output had reached almost 29 GW, out of which solar accounted for 21 GW and wind 1.7 GW. The 3020 plan targets raising the accumulated renewable energy output to 64 GW.

In the four years since the launch of the 3020 plan, the country saw 18.2 GW of clean power from newly-built renewable energy facilities. Among the figure, solar accounted for 15.6 GW, which is 2.4 times that from 2017 when accumulated solar energy had reached 6.4 GW.

The ministry said industrial renewable energy output’s contribution to the country’s overall power grid reached 6.5 percent as of October 2021, double that of 2017.

Overall renewable energy output in 2021, however, fell short of that from 2020 when it was 5.3 GW ― the highest since the introduction of the 3020 plan. The shortage, according to the ministry, was largely because last year the government enforced stronger regulations for the construction of solar panel farms in mountainous regions ― a greater distance between the farms and the closest residential villages so as not to inconvenience residents, and lowering the standard gradient for a solar panel site from 25 degrees to 15 degrees to prevent landslides caused by soil erosion from their installation. The stronger measures resulted in reducing the national solar power output at mountainous sites from 1.2 GW in 2020 to 0.8 GW last year.

Difficulties people experienced in operating wind farms also caused the year-on drop of renewable energy output in 2021. The ministry noted that getting a license was too complicated ― there are 10 government bureaus involved in the process and 29 related laws that must be observed ― and setting up facilities often caused clashes with locals, causing delays to many projects. “It takes about three to four years to acquire a wind power operation license in countries with advanced wind power generation,” said a ministry official. “In Korea, it takes up to six years.”

Despite the challenges, the number of new wind power farms under construction increased from four in 2020 (capacity 120 megawatts) to 13 the following year (capacity 902 megawatts). This was because the government raised wind power’s renewable energy certificate value from 1.0 in 2020 to 1.2 the following year, improving its profitability to drive the energy type’s broader expansion nationwide.

To further increase the national renewable energy output, the government plans to expand renewable portfolio standards ― a mandate for power generators to increase energy production from renewable sources instead of fossil and nuclear fuels ― by raising its mandatory minimum rate from 10 percent to 12.5 percent. New wind power laws this year will also lower legal barriers to installing wind turbines, while new regulations to better accommodate residents near renewable power stations with better incentives will also be soon introduced.

Source: koreatimes

Anand Gupta Editor - EQ Int'l Media Network