South Korea: The 2nd Basic Plan for New & Renewable Energy Technology Development & Dissemination

To diversify energy sources and to promote R&D for dealing with the UNFCCC

Date Implemented: 2003-2012

Status: In Force

Targets: The objective of the plan is to attain a 3% share of New and Renewable Energy by 2006 and 5% by 2012. It aims to have 100 000 PV roofs and 70,000 buildings by 2012 (total capacity of 1,3 GW). More technically, it aims to increase the PV module efficiency from 12 % to 15 % by 2006, and to 18 % by 2010.

References: http://www.kemco.or.kr/english/sub03_R&D.asp?defmenu=5