1) Establishment of Energy-Intensity Targets by Product
The Government has established energy intensity targets by product and has been encouraging energy-intensive industries to achieve these targets. Based on the 1992 Five-Year Energy Conservation Plan, the Government specified annual energy-intensity targets for 161 energy-intensive..
1. Demand for and Supply of LNG
Demand for LNG began in earnest in 1987 and has since expanded at an average annual rate of 20%. Consumption of LNG is expected to continue increasing until the early 2000s, as the Government maintains its focus on setting up a nationwide distribution pipeline network.
1. Historical Background
Under the Electricity Business Act, the first nuclear power plant (NPP) in Korea was built in 1978. In the 1980s, NPPs were operating commercially and provided a large share of electricity supply, more than half of the total power generated in 1987. In the 1990's, Korea achieved technological self-reliance in this ..
The central Government helps local Governmental bodies establish their own unique and independent local energy plans. The local energy plans aim to develop an environment-friendly energy program and improve the economy and welfare of local residents by taking full account local economic, natural, and social circumstances. Under the Ratio..
The Government has long supported the development of energy conservation technologies which could have economic value with great energy saving potential in the near term. From 1992-1996, 111 of 289 projects were completed and 23 among these are now in practical utilization.
Based on the 10-Year National Plan for Energy Technology Developme..