To achieve 2030 NDC, investment in renewable energy as well as nuclear power must be increased

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Experts argue at the ‘New Government Energy Policy Direction Open Discussion’ hosted by the Ministry of Industry
“Nuclear and renewable energy cannot be weighed… We must not reduce the proportion of renewable energy”

Experts agreed that in order to achieve the ‘2030 National Greenhouse Gas Reduction Goal’ (NDC), it is necessary to actively review investment in all decarbonization power generation means, not only nuclear power plants but also new and renewable energy.

Seonghee Shim, Senior Research Fellow at the Korea Energy Economics Research Institute, said, “Which one is right, nuclear power or renewable energy? All decarbonization policy measures such as renewable energy, nuclear power plants, and hydrogen should be put on the table in consideration of realistic requirements rather than an exhausting debate about whether or not it should be.”

Researcher Shim said, “Since the key means of implementing NDC is ‘electrification’, such as expanding the supply of electric vehicles and replacing electric furnaces in the steel industry, electricity demand will inevitably increase. It should be noted that there may be an increase in

The 2030 NDC aims to reduce greenhouse gas emissions by 40% by 2030 compared to 2018.

Researcher Shim emphasized that it is necessary to find an energy mix that can harmonize the use of renewable energy, nuclear power plants, hydrogen, and the carbon capture and storage business (CCS) in response to the increase in electricity demand.

Han Byung-hwa, senior researcher at Eugene Investment & Securities, also argued, “Nuclear and renewable energy are not energy sources that can be weighed lightly.

A researcher said, “The new government’s preferential policy on nuclear power will make it inevitable that the share of renewable energy will be downgraded.” .

Cha Tae-byeong, head of SK E&S Renewables Division, also pointed out, “I think it is right to review as many carbon-free options as possible regardless of any method.”

In particular, he said, “To achieve the 2030 NDC, nuclear and renewable energy must cover 54% of the total power generation. .

He said, “The last government had some achievements in expanding solar power generation facilities, but in the case of wind power, it practically failed. We need to shorten the time it takes,” he advised.

Kim Young-san, a professor at Hanyang University’s School of Economics and Finance, said, “The problem is that the government can change the energy mix very easily, so the energy policy changes from one pole to another every time there is a change of government. .

Meanwhile, Kim Jin, head of the Energy Conversion Policy Division of the Ministry of Trade, Industry and Energy, who attended the discussion on the same day, answered a question about the possibility of ‘KEPCO privatization’, saying, “We are not considering electric power or KEPCO privatization.”

/yunhap news

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