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Electricity-generation mix considering energy security and carbon emission mitigation: Case of Korea and Mongolia

Hanee Ryu, Shonkhor Dorjragchaa, Yeonbae Kim and Kyunam Kim

Energy, 2014, vol. 64, issue C, 1071-1079

Abstract: To compare electricity-generation fuel mixes in two countries with multiple energy policy goals and unique circumstances, we look at three scenarios reflecting the carbon emissions mitigation targets, differences in energy security levels, and electricity-generating costs of each nation. Korea and Mongolia show clear differences in electricity-generation structure related to import dependency, the potential of renewable energy, and threats to energy security. These variations lead to different decisions on the power-generation fuel mix plan.

Keywords: Carbon emissions reduction; Energy security; Electricity-generating cost (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:eee:energy:v:64:y:2014:i:c:p:1071-1079