Assessing Alternative Renewable Energy Policies in Korea’s Electricity Market

This paper, focusing on the renewable portfolio standard (RPS), evaluates alternative renewable energy policies. We propose a tractable equilibrium model which provides a structural representation of Korea’s electricity market, including its energy settlement system and renewable energy certificate...

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Bibliographic Details
Main Author: KIM, HYUNSEOK
Format: Article
Language:English
Published: Korea Development Institute 2019-11-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2019.41.4.67