IEEE Power & Energy Magazine - November/December 2014 - 73

The energy situation, electric supply, and economic condition
of the country therefore are all linked with the market prices
of imported resources.

shortages have forced the government to consider this
coal-focused plan. But transmission interconnection
issues, revenue requirements, regulatory structures,
and strengthened environmental regulations could hinder the construction of these plants.
✔✔ Decreased LNG generation: With the plan for
aggressive construction of coal-fired power plants,
the role of LNG in the future power generation mix
has decreased greatly. Only six additional units, totaling 5,060 MW of LNG generation, are listed in the
Sixth BPE. They contribute significantly, however, to
overall construction uncertainties in the plan.
✔

An Asian "Supergrid"
Figure 24 shows the current transmission network in place
in South Korea. Ten years ago, South Korea and Russia
discussed the practical and theoretical implications of an
interconnection between South Korea and Russia targeted
for 2012. Three scenarios considered the benefits of sharing capacity between the countries; the best one envisioned
the construction of an HVdc transmission line interconnection of approximately 3 GW. The interconnection would
have passed through North Korea in return for land use
payments. The plan was aborted, however, because of
unfavorable political conditions, and this development

table 4. The Sixth BPE in detail.
Classification

Nuclear Bituminous Anthracite

LNG

Oil

PS
Hydro

Renewable

RCES

Total

2012

20,716

23,409

1,125

20,116

4,888

4,700

4,084

2,768

81,806

25.3

28.6

1.4

24.6

6

5.7

5

3.4

100

2015

2020

2025

2027

Installed
capacity
(MW) (%)
Effective
capacity
(MW) (%)

20,716

23,409

1,125

20,116

4,778

4,700

1,277

2,362

78,483

26.4

29.8

1.4

25.6

6.1

6

1.6

3

100

Installed
capacity
(MW) (%)

24,516

27,169

1,125

31,372

3,901

4,700

9,277

6,373

108,433

22.6

25.1

1

28.9

3.6

4.3

8.6

5.9

100

Effective
capacity
(MW) (%)

24,516

27,169

1,125

31,372

3,791

4,700

2,317

5,186

100,177

24.5

27.1

1.1

31.3

3.8

4.7

2.3

5.2

100

Installed
capacity
(MW) (%)

30,116

43,669

725

33,594

3,849

4,700

20,066

7,434

144,154

20.9

30.3

0.5

23.3

2.7

3.3

13.9

5.2

100

Effective
capacity
(MW) (%)

30,116

43,669

725

33,594

3,739

4,700

3,262

6,071

125,875

23.9

34.7

0.6

26.7

3

3.7

2.6

4.8

100

Installed
capacity
(MW) (%)

35,916

44,669

725

31,794

1,249

4,700

29,178

7,434

155,666

23.1

28.7

0.5

20.4

0.8

3

18.7

4.8

100

Effective
capacity
(MW) (%)

35,916

44,669

725

31,794

1,139

4,700

4,703

6,071

129,719

27.7

34.4

0.6

24.5

0.9

3.6

3.6

4.7

100

35,916

44,669

7,258

31,794

1,249

4,700

32,014

7,434

158,502

22.7

28.2

0.5

20.1

0.8

3

20.2

4.7

100

35,916

44,669

725

31,794

1,139

4,700

5,837

6,071

130,853

27.4

34.1

0.6

24.3

0.9

3.6

4.5

4.6

100

Installed
capacity
(MW) (%)
Effective
capacity
(MW) (%)

november/december 2014

ieee power & energy magazine

73



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