Supply of renewable energy
In today’s environment, “green growth” is seen as an effective
way to reduce emissions in response to concerns about global
climate change. Renewable energy comprised 6,080,000 tonnes
of oil equivalent (toe) in 2009 which represents 2.58 per cent of
primary energy consumption. However, the Korean government
aims to increase energy efficiency and the supply of renewable
energy under its National Energy Master Plan in effect until 2030.
Renewable energy generated from waste is the largest source at
74.89 per cent. The production of renewable energy from waste
has increased steadily since 1998, growing 2.7 times between
2004 and 2005. Bio-energy increased by 9.54 per cent in the
renewable energy sector, compared to the previous year and is
expected to increase another 31.4 per cent by 2030.