Jeju Island Expands Distributed Energy
Why this is here: Jeju Island achieved a 39% renewable energy share of its total facilities as of 2022, leading South Korea’s expansion of distributed energy.
South Korea’s Jeju Island is building roughly 870MW of solar and wind power. The island province aims to increase its renewable energy share to 39% as of 2022.
Distributed energy involves producing and consuming power close to where it is used, unlike large-scale centralized power plants. This approach uses sources like solar, wind, geothermal, and biomass.
Distributed energy can reduce reliance on central power and strengthen energy security. It also shortens the distance between energy production and consumption, reducing transmission loss.
However, initial investment costs for installation and operation can be high. Some technologies still need further development.
The Ministry of Trade, Industry and Energy and Jeju Province released a “Jeju-type Distributed Energy Basic Plan” in 2022. This plan focuses on building large-scale energy storage systems and activating technologies like green hydrogen. Further regulatory and systemic improvements are needed to expand distributed energy systems.
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