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Status Population Kor ∙ Chn ∙ Jpn The Rest GDP Trade Source : International Monetary Fund(IMF), 2014 Reserves & Output Reserves NEA The Rest Output 51.7% 30.4% 21.4% 18.6% 6.6% 17.9% Source : BP Statistical Review of World Energy June 2014 Consumption Russi a China 12.3% 50.3% 3.7% 2.4% 4.8% 12.1% Coal Gas Oil Coal Gas Oil (No.5) (No.2) (No.4) (No.1) (No.3) (No.2) Source : BP Statistical Review of World Energy June 2014 CO2 Emission Unit : million Tons 11,133 Russia Japan ROK DPRK China 5,454 592.9 7,799 5,708 229.3 8,250 114 5,062 2,211 1990 3,037 1995 2000 467.9 358.6 5,726 2,986 437.7 258% 74.9 68.8 74.3 45.4 60% 2005 2012 1990 1995 2000 2005 2012 Source : IEA, CO2 Emissions from fuel combustion 2014 Power Price Production 4,768 China 1,174 (No.1) Russia (No.3) Japan (No.4) Korea (No.9) 1,012 234 Nation Price ($/kWh) Index Korea(‘15) 0.10 100 China(‘12) 0.09 90 Russia(‘15) 0.06 60 Japan(‘14) 0.21 210 * Far east Russia(14GW, 6%) 966 293 500 94 Production Capacity Source : Energy Information Administration, 2012 Source : Energy Price and Taxes, 2015 Eurasia Initiative North-east Asian Peace & Cooperation Initiative Energy Policy of Xi New Eastern Policy Eastern Vector Policy Energy Policy of Abe Why KEPCO Interested in Super Grid ? 1. Solution to grid problems by Peak share (power supply securing, Green energy develop) ⇒ Korea is isolated grid = Island grid 2. A fair cooperation model by electric power with Asian nations 3. Creating various types of business model ⇒ Geostrategic point of Asian Super Grid High Demand (Korea, China, Japan) vs. Surplus Electricity(Russia) Rich Resources(Mongolia, Russia, China) vs. Poor Resources (Korea, Japan) Large-Scale Energy Resources Availability(Mongolia, Russia, China) Different power peak demand (Japan : Summer, Korea : Summer & Winter, Russia : Winter) BUSINESS MODEL Super Grid will be applied various new tech Smartgrid IT/ESS HVDC & Submarine Cable Cap. : 3 ~ 6GW HVDC 500 ~ 800kV Distance : 1,000km Cap. : 1 ~ 3GW HVDC 500kV Distance : 350km Cap. : 1 ~ 2GW HVDC 500kV Distance : 250km Conclusion MOU among NEA nations Conducting Joint Research Agreement details of the Contract Launching Demo Business Korea – China Korea - Russia Korea - Japan Academic Study SNU Civilian Committee Policy Board TIT Civil Society Hidden Support Industry Superficial Intervention Government Utility Active Participation Policy Suggestion by Subject