The Seoul government wants to add 13GW of renewable capacity by the end of the decade, said the Yonhap news agency, quoting the country’s trade ministry.
South Korea will raise its renewable portfolio standard (RPS) requirements for power companies by 0.5% to 5% in 2018, and by 1% to 6% and 7% in 2019 and 2020 respectively, it was reported.
Other policy drivers include opening up the power market to new players and encouraging the deployment of storage.
"The
