Feasibility Trade-Offs in Decarbonisation of Power Sector with High Coal Dependence: A Case of Korea

@article{Hyun2022FeasibilityTI,
  title={Feasibility Trade-Offs in Decarbonisation of Power Sector with High Coal Dependence: A Case of Korea},
  author={Min-Cheol Hyun and Aleh Cherp and Jessica Jewell and Yeong Jae Kim and Jiyong Eom},
  journal={SSRN Electronic Journal},
  year={2022}
}
Decarbonisation of the power sector requires feasible strategies for rapid phase-out of fossil fuels and expansion of low-carbon sources. This study develops and uses a model with an explicit account of power plant stocks to explore plausible decarbonization scenarios of the power sector in the Republic of Korea through 2050 and 2060. The results show that achieving zero emissions from the power sector by the mid-century requires either ambitious expansion of renewables backed by gas-fired… 

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