Wind Market in South Korea

This report mainly talks about the market for wind energy in South Korea. First of all, this paper will discuss the necessary information such as electricity generation mix, wind speeds and Korean wind farms. Secondly, the development situation of onshore and offshore wind will be interpreted separately. Subsequently, the profit model of South Korean renewable energy and the prices of electricity and REC will be mentioned. Afterwards, this report will expound the government’s target of renewable energy and pertinent laws. Last but not least, the author will conclude the prospect of wind energy market in South Korea.