@misc{35750,
  keywords = {Clean energy, Korea, Clean Grid},
  author = {Won Young Park and Nikit Abhyankar and Umed Paliwal and James Hyungkwan Kim and Nina Khanna and Kenji Shiraishi and Jiang Lin and Amol A Phadke and Yong Hyun Song and Hee Seung Moon and Eunsung Kim and Sanghyun Hong and Seung Wan Kim},
  title = {A Clean Energy Korea by 2035, Transitioning to 80% Carbon-Free Electricity Generation},
  abstract = {<p>The current global energy crisis has massive implications for the people and economy of South Korea<br />(Korea), where at least 90% of energy use depends on foreign fossil fuels. Clean electricity accounts<br />for only 39% of total generation, with electricity demand expected to increase 30% by 2035. This study<br />shows that Korea can achieve 80% clean electricity by 2035 by capitalizing on rapid technological<br />improvements and decreasing costs of solar, wind, and battery technology. Doing so would slightly<br />lower electricity supply costs, significantly reduce dependence on imported natural gas and coal, and<br />dramatically cut power sector emissions. Further, this study finds that Korea’s power grid under a clean<br />energy scenario will maintain reliability without coal generation or new natural gas plants. To realize<br />these significant economic, environmental, and energy security benefits, policies such as an 80% clean<br />electricity standard by 2035 and corresponding renewable energy deployment goals are required.</p>},
  year = {2023},
  month = {04/2023},
  publisher = {Lawrence Berkeley National Laboratory},
  address = {Berkeley, CA},
  url = {https://escholarship.org/uc/item/78n9b013},
  language = {eng},
}