Korea has suffered from a chronic shortage in the generation capacity since the restructuring of the electricity market in 2001. The distortion in the generation mix, under the current cost structures of
various generator types estimated by the government, has also persisted and shows no sign of improvement. In addition, the demand forecast by the government has been consistently lower than the actual realized demand by large margins. These facts suggest that there could be significant barriers to entry into the generation stage of the electricity market in Korea. This report analyzes the market for investment in new generators in Korea and the effects of relevant laws, regulations, and procedures that the government uses on the efficiency of the market. Main problems in the current system the report found are as follows. (The rest omitted)


Title |
전력수급계획과 발전설비 투자시장의 효율성(The basic plan for the demand and supply of electricity and the efficiency of investment in generation capacity in Korea)
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Material Type | Report |
Author(Korean) |
남일총 |
Publisher |
서울 : 한국개발연구원 |
Date | 2013-12 |
Series Title; No | 정책연구시리즈 / 2013-05 |
Pages | 86 |
Subject Country | South Korea(Asia and Pacific) |
Language | Korean |
File Type | Documents |
Original Format | |
Subject | Industry and Technology < Energy |
Holding | 한국개발연구원 |
License | ![]() |
Abstract