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IEA Country Report







                           price signal provided to users through retail   requirements.
                           rates.                                   Decreasing system inertia may start to become a
                                                                    challenge at higher shares of VRE or in specific
                                                                    regions with high concentrations of VRE. The
                                                                    solutions range from the most technically mature,
                                                                    such as maintaining a minimum of conventional
                                                                    generation or installing synchronous condensers,
                                                                    to introducing mechanisms to enable synthetic
                                                                    inertia from VRE or developing grid-forming
                                                                    converters.  There  is  a  growing  body  of
                                                                    experience globally on technical solutions to
                                                                    strengthen systems with a high penetration of
                                                                    converter-based assets. Deployment strategies
                                                                    should consider the technical and economic
                           Operational security                     implications.

                           System-friendly  deployment  of  variable
                           renewables will be essential to ensure the   Long-term planning
                           operational security of Korea’s power system.   Better long-term planning will be needed to
                           This involves considering the technology mix   ensure adequacy and operational security with
                           between different VRE resources, managing   higher shares of renewables. For example,
                           their geographical spread and enabling their   assuming that load patterns remain consistent,
                           participation in the provision of system services   VRE deployment is expected to shift the system
                           (from frequency regulation to voltage, etc.). One   peak later into the evening as well as increase
                           option is to co-ordinate network development   it by around 10 GW by 2034. Additionally, while
                           and VRE deployment, as done with renewable   Korea has already introduced probabilistic
                           energy zones (REZs), particularly given the plans   planning to some extent, it may be helpful to
                           for offshore wind deployment and current grid   introduce  more  detailed  analysis  of  more
                           constraints.                             diversified scenarios that account for, among
                           Improving the visibility of VRE generators   other factors, climate-related extreme events
                           and the quality of generation forecasts is   and VRE or load variability.
                           important for maintaining operational security   One of the main developments enhancing
                           and mitigating the cost of VRE integration.   electricity system planning is making use
                           Improving the grid code is fundamental to   of multiple reliability indicators rather than a
                           ensuring that all assets, from VRE to distributed   single indicator. It is important to account for
                           energy resources, are correctly equipped and   all dimensions of outage risk, such as average
                           all market participants share their forecasts and   frequency, volume of energy not served and
                           real-time data with the system operator on   frequency of extreme events. This approach
                           time. Korea has already taken significant steps   is vital to understand extreme as opposed to
                           to update its grid code, but it is important to   average events.
                           continuously review and update it to account for
                           both technological change and emerging system   Developing an understanding of the economic
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