Page 14 - AsiaElec Week 31 2021

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energy expert told the Jakarta Globe. national electricity sources. storage and utilisation (CCUS) technology to
The government aims to have 23% of On the other hand, the true potential of cut emissions.
energy coming from new and renewable solar power remains untapped. The country The road maps were announced today
sources by 2025, but by the end of last year, it has the potential to generate 207 GW (GW) by South Korea’s presidential committee on
was only halfway to the target. of solar power, but only around 0.09 GW carbon neutrality, which is co-chaired by the
“In the short-term until 2025, the or less than 0.1 percent has been utilised. country’s prime minister Kim Boo-kyum.
energy source with the most potential to The National Energy Policy (KEN) aims to The first plan assumes the continued
accommodate the country’s target is probably increase solar power generation to 6.5 GW in burning of coal and regasified LNG as
solar, because it is relatively the fastest 2025 and 45 GW in 2050. generation fuels, with seven of Korea’s coal-
to develop compared to other renewable One of the biggest solar power developers fired power plants that have not yet reached
sources,” said executive director of energy in the country, SUN Energy, has also the end of their lifespans still operational in
research company ReforMiner Institute, announced plans to increase their Southeast 2050. CCUS technology plays a key role in
Komaidi Notonegoro. Asian portfolio from 180 MW peak to 2 GW meeting the country’s carbon goals in this
Director General of New Renewable peak, with its COO saying that “the wave of plan.
Energy and Energy Conservation from the renewable energy is here to stay”. Under the second road map, Korea stops
Ministry of Energy and Mineral Resources, using coal as a generation fuel but keeps a
Chrisnawan Anditya, said that one of role for LNG as a flexible power source to
government’s priorities is indeed solar power meet urgent demand. This plan requires a big
plants. Besides being fast to create and having POLICY change in consumers’ energy consumption
a high development potential in the tropical habits in order to meet the emissions targets.
archipelago, they are competitive in price. South Korea releases net In the third scenario, coal and LNG use is
In fact, solar panel prices have dropped eliminated in favour of green hydrogen, for
60% in the last 6 years. With financing zero road maps a 100% cut in greenhouse gas emissions by
schemes from solar developers, Indonesians 2050.
can even order home panels to be installed for South Korea has published three potential The government sees a continued role for
free. road maps to reach its target of achieving nuclear power in all three scenarios, although
While solar power is now the cheapest carbon neutrality by 2050, ahead of a final at a much lower share of the energy mix than
it ever was — and the fastest growing decision on its plan later this year, Argus currently.
renewable energy source worldwide — as of Media reported.
May last year, it amounted to less than 6% The options range from the total
of Indonesia’s total power generation. The elimination of coal and gas from the energy
country still depends largely on coal and fossil mix, to a continued reliance on thermal
fuel-fired plants, accounting to some 85% of fuels supported by the use of carbon capture,

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