‘Green Pricing’ to be introduces within next year for the first time …‘Energy prosumer’ expected to be launched
[ Ye Jin Soo jinye@ ] | 2017-12-12 12:24:54
The so called "Green Pricing" system will be introduced next year in Korea.
A representative from the energy-related agency stated on December 11, "The Korean government has decided to introduce the green pricing system from next year in order to revitalize the renewable energy fields such as solar power and wind power."
Green pricing, already introduced in Germany, the United States, and Australia, sells green power to consumers who voluntarily purchase renewable energy generation power at a price higher than the usual electricity price (general rate + premium) to activate the renewable energy sector. Green pricing is a system to supply.
The green pricing system is implemented in parallel with the system for subsidizing electricity generation, which is supported by the government, if the price of electric power supplied by renewable energy generation is lower than the standard price announced by the Ministry of Knowledge Economy. It is expected to be followed by a proactive reform of the tax system, which is expected to increase investment tax credit for new and renewable energy.
Meanwhile, another source of energy research institutes stated, "Public institutions will voluntarily choose green pricing, and the private sector will be promoted to encourage this system." Green pricing will be introduced first in Korea. It is likely that the method of expanding into the general market area will be started once the public is not directly linked and standardized. "The green pricing is expected to be re-invested in the renewable energy sector, which is guaranteed by the public.
The Korean government plans to include a `green pricing` system in the `New Renewable Energy 3020 Implementation Plan` to be announced next week.
Professor Kim Hye-sang of Hanyang University, economics and finance professor, said, "If the `green pricing system` that consumers add to the cost is introduced, the distribution channels of traditional power sources and renewable energy sources are likely to be separated. However, if there is a market with a competitive principle, it can be more active. "
Consumers who choose to use renewable energy are expected to facilitate a shift in the supply paradigm, even if it costs more. It is expected that `energy prosumer` will emerge from the way that electric power consumers do not passively receive energy, and build a mini power plant by themselves to generate revenue from energy production and sales.
With the introduction of green pricing, it is expected that the argument that the retail power market, which is a monopoly area of public enterprises, should be opened. A professor at Dongwon University`s Energy Convergence University said in a seminar related to "energy conversion policy" held on December 1, "The US, Europe as well as Japan expanded retail options by expanding consumer choice. Presented. In 2012, Japan implemented a `liberalization of electricity` system, which allows energy retailing and distribution and distribution services to be opened to private companies for electricity retail sales.
By Ye Jin Soo jinye@
[ copyright ⓒ The Digitaltimes ]
A representative from the energy-related agency stated on December 11, "The Korean government has decided to introduce the green pricing system from next year in order to revitalize the renewable energy fields such as solar power and wind power."
Green pricing, already introduced in Germany, the United States, and Australia, sells green power to consumers who voluntarily purchase renewable energy generation power at a price higher than the usual electricity price (general rate + premium) to activate the renewable energy sector. Green pricing is a system to supply.
The green pricing system is implemented in parallel with the system for subsidizing electricity generation, which is supported by the government, if the price of electric power supplied by renewable energy generation is lower than the standard price announced by the Ministry of Knowledge Economy. It is expected to be followed by a proactive reform of the tax system, which is expected to increase investment tax credit for new and renewable energy.
Meanwhile, another source of energy research institutes stated, "Public institutions will voluntarily choose green pricing, and the private sector will be promoted to encourage this system." Green pricing will be introduced first in Korea. It is likely that the method of expanding into the general market area will be started once the public is not directly linked and standardized. "The green pricing is expected to be re-invested in the renewable energy sector, which is guaranteed by the public.
The Korean government plans to include a `green pricing` system in the `New Renewable Energy 3020 Implementation Plan` to be announced next week.
Professor Kim Hye-sang of Hanyang University, economics and finance professor, said, "If the `green pricing system` that consumers add to the cost is introduced, the distribution channels of traditional power sources and renewable energy sources are likely to be separated. However, if there is a market with a competitive principle, it can be more active. "
Consumers who choose to use renewable energy are expected to facilitate a shift in the supply paradigm, even if it costs more. It is expected that `energy prosumer` will emerge from the way that electric power consumers do not passively receive energy, and build a mini power plant by themselves to generate revenue from energy production and sales.
With the introduction of green pricing, it is expected that the argument that the retail power market, which is a monopoly area of public enterprises, should be opened. A professor at Dongwon University`s Energy Convergence University said in a seminar related to "energy conversion policy" held on December 1, "The US, Europe as well as Japan expanded retail options by expanding consumer choice. Presented. In 2012, Japan implemented a `liberalization of electricity` system, which allows energy retailing and distribution and distribution services to be opened to private companies for electricity retail sales.
By Ye Jin Soo jinye@