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#388 Poeundaero, Suji-Gu, Yongin City, Gyeonggi-Do, 16842, Republic of Korea Tel : +82-(0)31-260-4114 www.energy.or.kr

Korea Energy Management Corporation

starts anew as

Korea Energy Agency

from July 2015

About KEA Demand Side Management Policy New and Renewable Energy Policy Climate Change Policy

1012 14 16

Establishing Greenhouse gas(GHG) Reduction Base

Energy & GHG Database AnalysisEnergy Use Report from Energy Intensive BusinessesEnergy & GHG StatisticsGHG Emission Survey in IndustryDevelopment of Country-specific Emission FactorsEnergy & GHG Technology Database and Systems Analysis

Energy & GHG Target ManagementEnergy & GHG Target Management Scheme in Industry and Generation Sectors

Certification of GHG Emission ReductionCertification of GHG Emission ReductionKorea Voluntary Emissions Reduction, KVER

Energy Welfare,Communication & Cooperation

Energy WelfareEnergy Voucher ProgramEfficient Appliances for Low Income Groups

Education and TrainingFuture Generation EducationProfessional Education and TrainingGlobal Education and Training

Energy Saving CultureEnergy Saving CampaignEnergy Saving Experience CenterCarbon Neutral ProgramEnergy Korea Show 2014

International CooperationInternational Cooperation on Efficiency and NREClimate Response Program in Developing CountriesOverseas Business Support for NRE SMEs

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4849

2014 Highlights Key Statistics President's Note History of KEA and Korea's Energy Policies

04050608

Introduction

Contents

Energy EfficiencyProgram

Sustainable Industrial Energy ManagementSoft Loan & Tax IncentivesEnergy Service Companies, ESCOEnergy Audit & Energy Saving ConsultingEnergy Management System, EnMSCombined Heat and Power & District Cooling SubsidyGreen Growth Partnership, GGPEnergy SupportersNegotiation of Large-scale Energy Use PlanInspection of Heat-using Equipments

Energy Efficiency in BuildingsBuilding Energy & GHG Target Management Scheme, BGHGBuilding Energy Efficiency CertificationBuilding Energy Code CompliancePerformance Evaluation of Eco-friendly HomesBuilding Energy Management System, BEMSRational Energy Use in Public Institutions

Accelerating Energy Efficiency in TransportVehicle Energy Efficiency Labeling and StandardAverage Fuel EconomyTire Fuel Efficiency and Labeling ProgramKorea Transport Energy Efficiency LaboratoryElectric Vehicle Battery Lease

Scaling up Efficiency in AppliancesEnergy Efficiency Resource Market Pilot ProgramEnergy Efficiency Labeling and StandardHigh-efficiency Appliances Certification e-Standby Power

Accelerating New & Renewable Energy(NRE) Deployment

NRE Policy SupportNRE Policy Promotion

Publication of Annual NRE Deployment Statistics

NRE Industrial PromotionNRE Equipment StandardizationNRE Equipment Certification

NRE DisseminationNRE Subsidy ProgramsSoft Loans for New and Renewable EnergyNRE Obligation in Public InstitutionsPV Rental BusinessRenewable Portfolio Standard, RPSRenewable Fuel Standard, RFS

1 2

181920212223232324

3737

3839

404041424243

252627272828

3031313133

34353535

Annual Report 2014Korea Energy Agency 0504

Increase inNew & Renewable

EnergyLower Energy Consumption

Key Statistics

Bigger energy market (compared to 2013)

18,177New Jobs

Saved 3.8 trillion KRW of national energy import cost

2%of annual energy import costs

Energy savings

4,700,000toe

27ktCO2

e

Greenhouse Gas Emission Reduction

*toe : tonne of oil equivalent

419soft loans

ktoe

1,505efficient appliances

ktoe

796efficient buildings

ktoe

ktoe1,980NRE supply

LED market

ESS market

High-efficiency insulation

market

BEMS market

The number of ESCO

companies

Renewable products market

38.85%

63.1%

11.1%

50.5%

21%11.7%

Annual Report 20142014 Highlights / Key Statistics

2014 Highlights

Best practice in public serviceUnder ACE(Active, Challenging, Extensive)

management principles, our public service

management performance was highly

evaluated, and was announced as one of the

best practices by Ministry of Strategy and

Finance.

Rejoined One Billion Dollar ClubWith larger workscope, covering energywelfare and support for new DSM programs in 2015, KEA has rejoined the1 trillion KRW budget club(appx. 1 billion USD).

Pioneering new DSM industriesKEA takes a major role in the newnational energy industry trend, particularlyin energy management package service,EV battery lease businesses, PV rentalsand waste water heat recovery.

The 14th Transparent Society Award from Transparency International-Korea

•2nd consecutive Korea Educational

Donation Award from Minister of Education

•ADB designates KEA as

Center of Excellence

•Creative Innovation Management

Awards from KMAC

•2014 Stevie Award in the 11th Annual

International Business Awards

KEMCO,

Korea Energy

Management

Corporation's

new name is

KEA from July 2015

*DSM : Demand-side Management

2014 Awards

Energy voucher managementTo maximize energy accessibility, energycost support will be provided to low-income groups of about 800,000households.

Korea Transport Energy Efficiency LaboratoryWe launch a laboratory for EV, HEV, PHEV and Hydrogen fuel cell vehicle efficiency evaluation and research, in Shincheok industrial complex in Chungcheongbuk-do.

6 New Public Services KEA was designated as the organizationfor 2 operations in renewable sector and4 operations in building sector.


A New Journey Begins,

Korea Energy Agency opens a new horizon in Korea's energy future.

Since its establishment in 1980, Korea Energy Agency has been at the

forefront of efficient and rational energy use in Korea, as a silent guardian of

Korea's sound economic development and better quality of life.

KEA has been at the center of laying the foundation for a low energy

consumption society and mainstreaming an energy efficient culture, from

energy audit services that identify energy saving potential in energy intensive

business sites, to ICT based optimization of energy use patterns in industrial

and buildings sector.

KEA has been lighting up Korea's energy future by securing renewable energy

sources such as solar, wind energy, and by guiding ways to use less energy

for more electric appliances, buildings and vehicles, KEA has become a top

energy efficiency expert organization.

KEA is now preparing for another leap to wider horizons.

In a global energy environment that shifts from supply side to demand side

and from government-led to market-led mechanism, KEA is ready to add

vitality to the creative economy, by pioneering to create an autonomous

energy ecosystem based on new energy businesses and new markets.

As part of our social responsibility, energy voucher business has been

launched to alleviate the difficulty of low income groups, and we will work

to earn higher trust in the energy sector as a reliable partner for small and

medium-sized enterprises.

With deep gratitude for the continued interest and support to KEA, we look

forward to the new journey of Korea Energy Agency as a global energy service

expert organization.

Thank you.Korea Energy Agency

President, Jong-Rip BYUN

President's Note

Annual Report 2014President's Note


1970 1980 1990 2000 2010 2020 2030

1979.12Enacted Energy Use Rationalization Act

1992Rio Earth Summit

1997Kyoto Protocol

3rd National Comprehensive

Plan on Countermeasures

to Climate Change(‘05~‘07)

2007.12Bali Road Map

4th National Comprehensive

Plan on Countermeasures


2011.11Durban Platform

2011.03Greenhouse gas and Energy Target Management Scheme

2015.01Launch of the Emission Trading Scheme

2009.12Copenhagen

Accord

National Strategy for Green Growth (‘09~‘50) and 1st Five-year Plan (‘09~‘13)

Roadmap for Achieving the National GHG Emission Reduction Plan (‘14~‘18)

1st National Comprehensive Plan on Countermeasures to Climate Change(‘99~‘01)

2010.12 Cancun

Agreement

2005.07 Opened the GHG Registration Office

2003.02Alternative Energy Center renamed to New and Renewable Energy Center(NREC)

1980.07Established Korea Energy Management Corporation

1st Energy Master Plan (‘08~’30) Energy sector policies for Low carbon and green growth policy and long term energy vision for life after oil.

2nd Energy Master Plan (‘13~’35) Ways to achieve national target of 13.3% lower final energy consumption and 15% lower electricity than BAU scenario by 2035.

1987.12Enacted Act on Alternative Energy

Development Promotion (‘87~‘97)Basic plan for long term development and investment in alternative energy

technologies

1st Renewable Energy Basic Plan (‘97~‘07)NREs gains importance after

Kyoto Protocol

NRE Supply Target 2% of TPES

*TPES : Total Primary Energy Supply*NRE : New & Renewable Energy

3rd Renewable Energy Basic Plan (‘09~‘30)Dissemination plan set in line with national Low Carbon Green Growth visionNRE Supply Target11% of TPES by 2030

2nd Renewable Energy Basic Plan (‘03~‘12)‌‌Higher investment and full scale disseminationNRE Supply Target11% of TPES by 2011

2003.12Act revised to ‘Act on the

Promotion of the Development, Use and Diffusion of New and

Renewable Energy’

4th Renewable Energy Basic Plan (‘14~‘35)Renewable Portfolio Standard(RPS) and Renewable Fuel Standard(RFS) introduced

NRE Supply Target

11% of TPES

by 2035

2nd National Comprehensive Plan on Countermeasures


Energy Intensity Target by 2017 3.8% of Improvement

GHG Reduction Target by 2020 30% of BAU

2006.09Enacted Energy Act

2010.04Enacted Framework Act on Low Carbon Green Growth

2017Achieve the target of the final energy consumption reduction and energy intensity improvement by 4.1% and 3.8% of BAU level by 2017

History of KEA

History of Demand Side Management Policy

History of New & Renewable Energy Policy

2005.11 Designated by UNFCCC as CDM Operational Entity

History of Climate Change Policy

1st Energy Use Rationalization Basic Plan(‘93~‘97)Shift to an energy efficient economy

Energy Demand Target

169.3 150.2Mtoe

2nd Energy Use Rationalization Basic Plan(‘99~‘03)Shift from individual, regulatory policies to structural, systematic policies


218 196Mtoe

3rd Energy Use Rationalization Basic Plan(‘04~‘08)Cross-governmental measures combining regulation and incentives


269.3 250.2Mtoe

4th Energy Use Rationalization Basic Plan(‘08~‘12)Energy demand sector action plan of the National Energy Master Plan

Improve Energy Efficiency by

11.3% by 2012

5th Energy Use Rationalization Basic Plan(‘13~‘17)Market mechanism and state-of-the-art technology for demand management

Reduce the final energy consumption by 4.1%

Improve Energy Intensity by 3.8%

1987.12Established Alternative Energy Center

1980.07Established Korea Energy Management Corporation(KEMCO)

2015.02

Establishes EDAC, Energy Data Analysis Center

2015.12

Establishes the Korea Transport Energy Efficiency Laboratory

2015.07

KEMCO is renamed to

KEA2009.07 NREC designated as COSD(Cooperation Organization for Standard Development)


• Implement energy audit and technical assistance

• Manage efficiency and safety of energy equipment

• Support funding to promote energy efficiency investment facilities

• Support energy demand management and distributed power activation

• Implement energy management research, PR and education

• Supply new and renewable energy and foster the green industries

• Respond to climate change infrastructure and support reduction of

greenhouse gas emissions and industrial activities

Rationalization of energy use, promotion of new and renewable energy, reduction of greenhouse gas emission

Workscope

Organizational Chart

StandingAuditor

Audit & Inspection

Division

President

Planning & Budget DivisionGeneral Administration Division

Public Relations DivisionEnergy Welfare Division

Security & Emergency UnitOffice Relocation Unit

Strategy & Management Executive Director (Vice President)

Demand Side Management Policy DivisionIndustrial Energy Management Division

Building & Transportation Energy Management Division

Demand Side Management Executive Director

Energy Efficiency DivisionFinancial Support DivisionEnergy Consulting Division

Regional Cooperation Division

Energy Efficiency Promotion Executive Director

Climate Response DivisionStatistics Analysis Division

Capacity Building & Training Division

Climate Response Executive Director

New & Renewable Energy Policy Division New & Renewable Energy Promotion Division

New & Renewable Energy Dissemination Division Renewable Portfolio Standard Division

New & Renewable Energy Center Executive Director

Global Strategy Division

GHG Certification Office

Annual Report 2014About KEA

VisionGlobal Top Agency

Creating the Future of Energy

MissionAdding value to energy

to create a stronger economyfor the people,with the people

Expertise, Integrity, Reliability

Corevalues

ProfileKEA is a governmental agency that carries out national

energy policies for energy efficiency improvement,

new and renewable energy dissemination and climate

change mitigation for smart and efficient demand side

management based on Energy Use Rationalization Act.

OverviewOperating budget: 67.6 billion won

Governmentcommission:

Employees: 498 Established date: July 4, 1980

Organization: 17 divisions 1 affiliated institution 12 regional offices

Type of institution: Government Agency

Legal basis: Article 45 Energy Use Rationalization Act

908.1billion won(Loans and subsidies) Management

PrincipleActive KEA

Challenge KEAExtensive KEA

10


The national target is to reduce the final energy consumption by

4.1% and improve energy intensity by 3.8% in 2017 compared

to BAU.

Target will be achieved by new demand side management (DSM)

technologies, market schemes and stronger DSM policies in the

electricity sector.

The Plan aims to improve coal thermal efficiency and utilize

heat recovery from thermal effluents in power plants to reduce

conversion loss, improve energy pricing and electricity market

system to redesign the power market mechanism, and provide

user friendly energy information to increase public awareness.

Other include R&D on demand side management, improving

financing and ESCO programs, reinspecting and maintaining 3

major energy efficiency programs, enhancing security for thermal

equipments to obtain energy efficiency improvements.

5th Energy Use Rationalization Plan(’13~’17)

Enhance Energy Security to Escape From Energy Isolation

by building capacity for overseas resource development, and

raise the renewable energy deployment rate to 11% by 2035 by

extending deployment policies currently applied to electricity to

heat and transportation and by implementing a private sector-

driven deployment system

Establish a Stable Supply System for oil, gas, integrated

energy, electricity sources

Shape Energy Policy to Reflect Public Opinion by proactive

response to energy related conflicts and improved energy

welfare

Measures for sectoral demand side management

Industry

Transport

Public

Building

Self-generation agreements, industrial complex energy efficiency program

Enhance fuel efficiency, market-driven electric car dissemination

Green remodelling, wider adoption of mandatory energy efficiency labeling

Replace obsolete street lighting to LED, support regional energy projects

Final energy consumption in 2013

others 2.4%

industry62.3%

building17.8%

transport17.8%

210.2Mtoe

Annual Report 2014Demand Side Management Policy

The total final energy consumption in Korea was 210.2Mtoe,

eighth largest in the world as of 2013. Energy security is a

key issue in Korea since it relies 96% of energy supply on fuel

imports due to lack of domestic energy sources. 35% of total

import costs were spent on energy import, which amounted to

what Korea earned from exporting top four products*.

* Top 4 products exported by Korea in 2013(Billion USD) :

Refined Petroleum, semiconductors, automobiles and ships

(2,006 Billion USD)

The energy intensity (energy used per unit of GDP) of the Korean

economy is relatively high due to a large proportion of energy-

intensive industries compared to other countries.

Transition to Energy Policies Focused on Demand

Management to achieve policy objective of 13% reduction

in energy demand and 15% reduction in electricity demand

by 2035, using tax reform, rate rivision, ICT-based demand

management, reinforcement of systems for each sector.

Build a Distributed Generation System by supplying more than

15% of power from distributed generation such as integrated

energy systems, renewable energy, and in-house generators by

2035 (current contribution rate: 5%)

Enhance Sustainability by strengthening climate change

response and achieve environmental protection, improved safety of

nuclear energy, and Promote the development of key technologies to

support stronger demand management, the expansion of distributed

generation, etc

Energy Supply and Demand in Korea

2nd Energy Master Plan(’14~’35)

Trend in energy Intensity by country(PPP)

Source : Energy Balances of OECD Countries(IEA, 2014)

*PPP : The exchange rate applied by Purchasing Power Parities (2005 USD Standard)

0.3

0.2

0.1

0

Korea

OECD

U.S.

Germany

Japan

Demand Side Management Policy

Energy intensity by country

USA

Germany

Japan

Korea

0.160.16

0.100.11

0.090.11

0.240.19

Energy intensity(2000 standard)

Energy intensity(based on PPP)

1980 1990 2000 2012 2013

0.190.160.130.110.11


The supply target of the 4th Basic Plan is to increase the share

of new and renewable energy supply to 11% of total primary

energy source by 2035.

The generation target is to achieve 13.4% of total power

generation with NRE sources by 2035, with a focus on solar and

wind energy, while scaling down waste energy.

Priority is placed in a shift from "government-led programs" to

"public-private partnership", creating a market friendly, profitable,

deregulated NRE ecosystem that attracts private investment.

By expanding overseas markets, a sustainable growth cycle will be

created beyond the domestic market.

4th Renewable Energy Basic Plan (Unit: Million KRW)

2012 2014 2025 2035

0.3 0.5 3.77.9

2.7 4.9 12.9 14.1

2.2 2.6 15.6 18.2

15.2 13.319 18

9.3 9.7 4.1 2.9

0.7 0.94.4

8.5

1.1 1.1 1.6 1.3

68.4 67 38.8 29.2

Ocean

Solar thermal

Wind power

Bio

Geothermal

Waste

Photovoltaic

Hydro

Waste 68.4% 29.2%

Wind 2.2% 18.2%

PV 2.7% 14.1%Share of energy resources (2012�2035)

New and Renewable Energy Supply in Korea

“ Shifting from

government-led programs

to public-private

partnership”

New and Renewable Energy(NRE) supply in Korea totals

9,879 ktoe, which is 3.52% of total primary energy consumption,

as of 2013.

* 1.9% of 4,883ktoe excluding waste energy in IEA statistics.

Of the total supply of NRE, waste energy contributed the

largest share at 65.8%, followed by bio-energy (15.8%), and

hydropower (9.0%). Waste, bio, and hydro constituted 90.6% of

total NRE production, while the share of other types of energy,

including photovoltaic (PV) was 9.4%.

Compared to the data in 2012, the rate of increase was 45% for

PVs, 25.8% for wind power and 48.4% for fuel cell bolstered by

new investment.

NRE generation volume surged since the launch of RPS in 2012,

with NRE generating 21,438GWh, 3.86% of the total generation

volume in 2013.

NRE supply by source in 2013

Solar PV 3.5%

Wind 2.5%

Fuel cell 1.2%

Ocean 1.0%

Geothermal 0.9%

Solar Thermal 0.3%

Waste65.8%

Bio 15.8% Hydro

9.0%

Other 9.4%

New and Renewable Energy Policy

NRE power generation by source in 2013

Waste53.9%

Hydro19.7%

Other 10.3%

Solar PV7.5%

Wind 5.4%

Fuel cell 2.7%

Ocean 2.3%

Bio8.6%

9,879ktoe 21,438GWh

Annual Report 2014New and Renewable Energy Policy


National GHG and Energy Target Management and Emission Trading Scheme

GHG and Energy Target Management Scheme have been

implemented since 2012 based on Article 42 of the

‘Framework Act on Low Carbon, Green Growth’.

Under the scheme, the government sets the reduction target and

evaluates performance results.

In the Emission Trading Scheme starting from 2015,

governments provide companies with emission allowances,

which the companies must buy from other companies to emit

more than they are allowed.

The operation of the ETS is detailed in the ‘Master Plan of

Emission Trading Scheme’ (Jan. 2014) and ‘National Allocation

Plan’ (Sept. 2014). Companies which emitted more than

125ktCO², and business sites which emitted more than 25ktCO²

of average annual emission between 2011 and 2013 are

mandated to participate in the ETS during the first planning

period, between 2015 and 2017.

Transport

Buildings

Conversion

Public / Others

Industry

Waste

Agriculture / Fisheries

Nationwide

34.3%

26.9%

26.7%

25.0%

18.5%

12.3%

5.2%

30.0%

2005 Industry Conversion Buildings Transport Public / Others

Waste Agriculture / Fisheries

2020 Business As

Usual(BAU)

2020GHG

EmissionsGoal

-30%

(MtCO2e)

569.0

81.3

64.9

1.51.74.634.245.0

776.1

543.0

GHG Emission Reduction Goal by Sector

Annual Report 2014Climate Change Policy

The U.N. Framework Convention on Climate Change (UNFCCC) is

a convention of 195 nations to overcome global climate change

effects caused by greenhouse gases(GHG) emitted from human

activities.

According to ‘Common But Differentiated Responsibilities (CBDR)’

and ‘Respective Capabilities (RC)’, developed countries have

set the GHG reduction target to support developing countries

mitigate and adapt to climate change. Developing countries

voluntarily reduce GHG emission with the support and this helps

to keep the temperature rise between 1.5 and 2.0 ºC compared

to pre-industrialization.

Korea joined the UNFCCC in December 1993, ratifying the Kyoto

Protocol which dictates the reduction mandate of developed

countries, in October 2002. In 2009, the 15th Conference of the

Parties, Korea pledged to reduce emissions by 30% of BAU.

GHG Emission Status of Korea

According to the IEA "2014 CO² Emissions from Fuel

Combustion", Korea was the world’s sixth-largest GHG emitter in

2012, after U.S., Russia, Japan ,Germany, Canada.

Korea's gross CO² emission amounted to 688.3MtCO², with

the energy sector accounting for 87.2% of total emission.

Within the energy sector, generation sector accounted for 45%,

manufacturing/constructioni sectors 30%, transport sector 14%.

National Goal

Korean government announced its goal to reduce GHG emissions

by 30% of BAU level(776.1MtCO²) by 2020, which would be

543MtCO² if there is no drastic change in international trends

Climate Change Response

Climate Change Policy

Gross emission : GHGs excluding LULUCF**Land-use, land-use change and forestry

45%generation

1%fugitive

10%others

30%manufacturingconstruction

sectors

14%

transportsector

688.3MtCO²

600.2MtCO²from energy sector

Korea's gross CO2 emission in 2014

• Energy 87.2%• Industrial 7.5%• Agriculture 3.2%• Waste 2.2%

Part 1 Energy Efficiency Program


Energy Service Companies, ESCO

The ESCO Program provides financial support to businesses that retrofit

energy facilities and guarantee the ensuing savings effect.

ESCOs, Energy Service Companies are companies that invest in energy-

efficiency facilities and provide maintenance services and energy management

monitoring for customers. They recover the investment from the energy

savings achieved from their services. Starting out with the registration of four

companies in 1992, the number of registered ESCOs grew to 220 by 2014.

ESCOs mainly focus on high efficiency lighting, waste heat recovery, heating

and cooling systems, and process equipment improvement.

During the introduction stage of the ESCO program from 1993 to 1997,

the average annual investment amounted to 3.7 billion KRW. Due to strong

government aid, annual investment has been increasing since 1998. In 2014,

the budget grew to 254 billion KRW.

ESCOInvestment

Target Management Investment

Installation of Energy Efficiency

Facilities

149

2,540

26

807

1,649

2,217Subsidy(100 Million KRW)

No. of Investment

In light of the paradigm shift in energy policy from supply side policy to demand side policies,

KEA expands its workscope to energy welfare programs and integrated energy management

services to achieve the national target of 4.1% lower energy consumption and 3.8%

improved energy intensity by 2017, compared to the BAU level. Top priorities include energy

management systems, Combined Heat and Power, building energy management systems,

raising fuel efficiency and dissemination of electric cars.

EnergyEfficiency Program

Sustainable Industrial Energy Management

Soft Loan & Tax Incentives

KEA has provided long-term and low-interest loans for energy

efficiency facilities since its foundation in 1980, managing a fund

worth of 600billion KRW in 2014. Lately, KEA prioritizes funding SME

to strengthen the competitiveness of SMEs.

Installation of energy saving facilities, investment in GHGs and energy

target management, ESCO facilities and equipment are eligible for

the fund. Recently, the fund was directed to ICT based EMS, laying

the infrastructure for a new market in ICT-based demand side

management.

In addition, the government provides tax incentives for companies or

individuals who invest in energy efficiency facilities to sharpen their

market competitiveness on energy savings. In accordance with Special

Tax Treatment Control Act, a certain percent of investment in energy

efficiency is eligible for tax exemption.

KEA, Your Reliable Energy Investment Partner

• Soft Loan & Tax Incentives

• Energy Service Companies, ESCO

• Energy Audit & Energy Saving Consulting

• Energy Management System, EnMS

• Combined Heat and Power & District Cooling Subsidy

• Green Growth Partnership, GGP

• Energy Supporters

• Negotiation of Large-scale Energy Use Plan

• Inspection of Heat-using Equipments

What we do

Improving energy intensity by2017

3.8%



Energy Management System, EnMS

KEA lays the foundation for a wide adoption of the Energy

Management System, by supporting standardization, certification,

measurement & verification, and dissemination of meters and

monitoring systems.

KEA developed the international EnMS standards, ISO 50001 and

KS A ISO 50001. As the secretary institution for ISO TC 242, KEA

is actively involved in the development of the related standards for

ISO 50001. In 2014, as a project leader, KEA successfully finished

development of the ISO 50003, in EnMS Auditing.

KEA is the first certification body accredited under Korean

National ISO 50001 Certification Scheme and performs conformity

assessments of ISO 50001 in 11 areas including petroleum

refinery, semiconductor and building. In addition, in order to

build the domestic infrastructure of large uptake of EnMS, the

government subsidizes the investment on monitoring systems,

measurement instruments, EnMS consulting, and M&V consulting.

In particular, KEA will provide life cycle service, from feasibility

study to operation management, to companies with high

potential of return on investment in Energy Storage Systems(ESS)

and EMS installation.

Accelerating Energy Management through the New Energy Initiative

Period : May 2014 - Dec. 2014 Target : SMEs target mangement in industrial sectorResult : 17 business infrastructures (meters, monitoring systems, etc.)

EnMS Infrastructure Support

Period : March 2014 - Dec. 2014 Target : Businesses with EnMS infrastructre supported by government between 2011 and 2013Accomplishment : Provided consulting service to 18 businesses

EnMS Performance Evaluation Consulting Service

EnMS KS A ISO50001 Certification SchemePeriod : Since May 2013 Target : Industry, buildingAccomplishment : Certified 9 companies(12 Certification bodies certified total 46 companies)

EnMS KS A ISO50001 Certification Scheme

EnMS Infra Structure Support

EnMS Performance Evaluation Consulting Service

Energy Audit and Energy Saving Consulting

Since 2007, the government has mandated energy-intensive

companies to undertake energy audit on a regular basis in order

to respond to oil price and climate change. Every five years,

companies using over 2,000 toe must discover energy savings

potential and take optimal measures to raise energy efficiency.

As of the end of 2014, 91 energy audit companies with expertise and

experience were registered, implementing audit on 4,111 companies

since 2007. As a result, energy-saving potential identified amounted

to 3,944ktoe/year, accounting for 4.9% of total energy consumption

and GHG emission reduction of 9,691ktCO².

KEA has performed energy audits on 130 companies since

2007, whose energy consumption exceeds 10ktoe. As a result,

the potential energy consumption reduction and GHG emission

reduction were 1,384ktoe/year and 3,742ktCO² each. With

rich energy audit know-how of 30 years conducted for 2,700

companies, KEA is expanding its premises to overseas. In

collaboration with IIC and ADB, energy audits are implemented

for companies in developing countries and Korean companies

abroad.

Extracting the fifth fuel, Energy Efficiency, through Energy Saving Consulting

9,691ktCO²e

GHG emission reduction

Potential Energy Savings(ktoe/yr)Potential Energy Savings(%)

700

800

600

500

Pote

ntia

l Ene

rgy

Savi

ngs(

ktoe

/yr)

400

300

200

100

0

9

10

7

8

6

Pote

ntia

l Ene

rgy

Savi

ngs(

%)

5

4

3

2

1

0

429

2007

4.6

549

2008

8

710

2009

6.4480

2010

5.9439

2011

4.7

441

2012

3.5

436

2013

3.7

460

2014

3.9

Number of Energy Audit



Working with Big Firms for SME's Energy Efficiency

Achieving Energy Economy through Planned Use

Green Growth Partnership, GGP

Through Green Growth Partnership, big firms provide technical

guidance to SME on best practices and know-how about energy

saving. For the past five years, 105 SMEs benefited in reducing

energy consumption and increasing energy efficiency

Negotiation of Large-scale Energy Use Plan

Public or private parties that are planning land development

such as urban, tourism, industrial complexes, must establish and

consult their energy use plan before construction. To promote

distributed generation, incentives are provided to plans that

integrate CHP or ESS.

Energy Supporter

Energy supporters provide in-person technical services to help

SMEs overcome a shortage of energy experts and financing, in

their efforts to save energy and reduce GHG emission.

Energy supporters have visited the SMEs 24,560 times for

technical assistance from 2010 to 2014. In addition, various

training courses have been provided for effective consulting.

Energy supporters evaluate and analyze the efficiency of main

equipment and provide various services in connection with

various government programs based on the resulting data.

They also provide technical tools and save-electricity stickers.

SMEs benefit from

Matching Audit expert Policy info

Knowledge, consulting, financial support

Facility reform and energy saving

Big Firms provide

Energy savings know-how

20132011 2014

No. of SMEsin partnership

22 23

37

13

2012

10

2010

2014

No. of Completed Consultation 104

Usage Projection(ktoe/yr) 12,453

Potential savings(ktoe/yr) 2,169

YearClassification

Potential savings in 2014

2,169 ktoe/yr

District Heating and Cooling systemTarget : Households, commercial buildings, public institutions, etc.Approval criteria(heat production capacity) : Over 5 Gcal/h(800 households)Accomplishment : 35 operators supply heat to 2.31 million households

District heating

Target : Industrial companiesApproval criteria(heat production capacity) : Over 30 Gcal/h(5000 households)Accomplishment : 32 operators supply steam to total 840 companies

Industrial complex CHP

Period : 2011~PresentTarget : Installers of district cooling facilities and offices that integrate district cooling in their facility designAccomplishment : Adding value to CHP by increasing summertime usage, and recovery of waste heat.

District cooling subsidies

Combined Heat and Power & District Cooling Subsidy

Combined heat and power(CHP) was adopted in 1980s as one of

energy saving measures in response to the high oil price.

Ever since, the CHP has been widely adopted in urban designs

for systematic, efficient energy supply to metropolitan areas.

CHP is heat and electricity generated from large-scale heat

generation facility equipped with co-generation equipment or

pollution-prevention facilities and supplied to multiple users

including homes, commercial buildings and factories.

The government provides subsidy to installers or designers of

district cooling systems that, instead of using electricity, uses

energy supplied by integrated energy system using absorption chillers.

KEA performs technical reviews of the validity of integrated

energy supply and feasibility of project plans and construction

plans, and provides subsidies for the installation and design of

district cooling systems.

Supplying High-efficiency, Integrated Energy

in 2013

840Companies

14.8%

District cooling

Supply Capacity(usRT)

No. of Buildings

No. of Installations

Peak Shaving(MW)

43,884

44

114

13.2

Industrial complex

No. of Industrial complex

No. of Sites

No. of Companies

CHP

22

34

840

District heating CHP

Total No. of Houses

No. of Applications

Dissemination rate(%)

15,628

2,306

14.8

13.2MW



Energy Efficiency in Buildings

Building Energy & GHG Target Management Scheme, BGHG

The government and companies work together to set and

achieve the GHG emission and energy consumption target in

order to achieve the national target of 30% reduction compared

to 2020 BAU. In 2014, 34 companies were designated as target

management entities and KEA provided supports such as the

establishment of GHG inventory, and writing the Action Plan

The main programs to create the market for efficient buildings are building energy efficiency certification of newly built buildings, mandatory purchase of high efficiency products and LED installation for public buildings.

• Building Energy & GHG Target Management Scheme, BGHG

• Building Energy Efficiency Certification

• Building Energy Code Compliance

• Performance Evaluation of Eco-friendly Homes

• Building Energy Management System, BEMS

• Rational Energy Use in Public Institutions

What we do

Inspection of Heat-using Equipments

KEA inspects high temperature and high pressure thermal

equipments to protect lives and assets from accidents as well as

to rationalize energy use and reduce carbon emissions.

KEA continues to develop systematic inspection programs for

large companies and globally standardize the high inspection

quality. KEA has earned accreditation from NBBI as in-service

inspection agency in 2005, and is equipped with internationally

recognized inspectors to provide credible inspection service.

KEA standardized technical requirements for the construction

and installation of boiler and pressure vessels and published

the KEA Code. KEA continues to establish a globally competent

consulting system and maintains high credibility by regularly

updating the code to reflect new trends and new technologies.

* NBBI : National Board of Boiler and Pressure Vessel Inspectors

of U.S.A.

Preventing Energy Leakage

Annual number of inspection

Year 2008 2009 2010 2011 2012 2013

No. 74,862 67,024 76,478 67,048 72,823 67,812

No. of inspection by category

BoilersPressure Vessels

Ferrous Furnace

Total

41,299 41,026 131 82,456

* As of Dec. 2014

No. of Inspection in 2013

67,812

Boiler

Manufacture(KBM)

Installation(KBI)

Operation(KBO)

Small size Boilers(KSB)

Efficiency(KBE)

General

Repair & Maintenance(KRM)

Stamp Certification(KSC)

Lifespan Assessment(KLA)

Pressure Vessel

Production(KPM)

Installation(KPI)

Operation(KPO)

KEA CODE



Designing Energy Saving Plans for New Large Buildings

Building Energy Code Compliance

Building owners who submit applications for new construction

permission for buildings larger than 500m2, must submit the

energy saving plan to the local government according to the

building energy savings design codes. Upon request of the local

government, KEA and other specialized institutions must confirm

the validity of application, before the local government approves

the construction.

As building energy saving plan is mandated to more targets, KEA

publishes reference books and hosts public guide sessions to

provide more information to applicants.

* Specialized Institution in Energy : KEA, Korea Infrastructure

Safety Corporation, Korea Appraisal Board, Korean Institute of

Educational Environment

The building energy savings design code includes recommendations and

mandatory requirements in four categories; construction, mechanics,

electricity, new and renewable energy. The buildings must meet all

requirements and earn higher than 65 point on the recommendations.

Performance Evaluation of Eco-friendly Homes

The government promotes ‘zero energy houses’ by implementing

energy saving eco-friendly house codes and performance program.

Property owners who intend to build a residential housing complex

with more than 30 units must observe the eco-friendly house code

prescribed by the Notification of the Ministry of Land, Infrastructure and

Transport, on the construction and performance of eco-friendly homes.

The insulation of side walls, exterior walls and windows must meet

20~30% higher performance than the Construction Act, and must

cut back on energy usage and carbon emission by achieving stronger

performance and design standards.

Evaluation of Zero Energy, Eco-friendly Homes

Title : How to prepare for Energy Saving PlanBeneficiaries : Design offices, local government responsible for approval, review service institutionsAccomplishment : Higher understanding of scheme

FAQ booklet for Energy Saving Plan

Period : Oct. 2009 ~ PresentTarget : Owner of a new residential complex with more than 30 householdsAccomplishment : 1,264 complexes, 572,728 units

2009 2010 2011 2012 2013 2014 Total

No. of complex

73 239 342 301 183 126 1,264

No. ofhouse-holds

58,503 114,428 138,104 138,929 80,905 41,859 572,728

over 40% reduction of either CO2 emission or total energy consumption

Larger than 60m²

over 30% reduction of either CO2

emission or total energy consumption

Smaller than or equal to 60m²

Mandatory EnergyReduction of

Eco-Friendly HomesBuilding Energy Efficiency Certification

New apartments and office buildings designed to save energy

are certified according to their energy performance level.

New and current buildings of all purposes are certified for 10

different grades for their energy performance, based on their

performance in energy usage and carbon emission in heating,

cooling, lighting, ventilation and water supply. The program

aims to promote high efficiency buildings by granting energy

performance certifications. From 2001 to 2014, the certification

has been issued to 1,380 residential complex, 997,969

households, and 632 non-residential buildings.

Efficiency Labeling and Certification for High Efficiency Buildings

1,380Complexes

997,969 Households

632 Non-residential buildings

Certification issued for buildings(2001-2014)

No. of companiesNo. of business sitesTotal

* Companies that join the Emission Trade Scheme are excluded from this program

2010 2011 2012 2013 2014

Number of target entities of BGHG

28

34

6

30

40

10

35

51

16

28

34(Initial 74)

6

9

3

12(Initial 53)



Building Energy Management System, BEMS

Building Energy Management System, a convergence of Construction

Technology, Information Technology, and Energy Technology was

developed to enhance energy efficiency in operating buildings to realize

creative economy and showcase Korea’s best practices in the building

and ICT sector to the world market.

ICT-based Convergence Technology for Efficient Buildings

Rational Energy Use in Public Institutions

‘Guideline of rational energy use in public institutions’ increases

awareness of energy savings by encouraging around 20,000

public institutions including ministries, local governments and

public bodies in Korea to lead in energy saving practices.

In 2014, key update to note was the regulation revision including

temperature deregulation for non-electric heating and cooling

systems, purchase priority for electric cars etc. KEA performs a

joint inspection of compliance twice a year with the government.

Public Institutions Pioneering in Energy Saving Practices

Period : Oct. 2013 - August 2014Accomplishment : Defined BEMS and established the general requirement- Definition of Building Energy Management System- Functions of Building Energy Management System (Data Indication, Information Audit, Consumption Analysis, Speculation)- Processing BEMS data - Flow of BEMS data demand

Enacted Ministry Notification on BEMS Korea Standard (Aug. 2014)

Period : May - August 2014Function : Collect BEMS data by connecting BEMS Center and 10 buildings through network

Energy Data Analysis Center



Average Fuel Economy

The average fuel efficiency program aims to improve energy efficiency at the

production stage by manufacturers to meet the standard fuel efficiency(km/ℓ) of

cars sold in one year, or GHG emissions(g/km) set by the government.

From 2012 to 2015, the fuel efficiency standard is determined based on the total

number of sales for each manufacturer and importer. From 2016 to 2020, the

program will cover even small trucks and the standard will be strengthened.

According to Energy Use Rationalization Act, fines can be levied to a manufacturer

or importer who fails to meet the standard.

The average fuel efficiency of cars sold in 2013 was 14.19km/ℓ, a 4% average

growth since 2006, and is expected to increase with the distribution of electric

cars.

Check Tire Efficiency for Your Safety

Tire Fuel Efficiency and Labeling Program

The purpose of the program is to promote the development, sales, and purchase of

efficient tires. KEA, with the government, sets the test methods and standards, performs

efficiency maintenance and provides customer information.

The efficiency grade is determined by rolling resistance and wet grip. It is mandatory to attach

a label for sale and production, to help consumers purchase efficient tires. Passenger car tires

were mandated since 2012, and minimum efficiency standards was implemented since 2013.

From 2014, tires for small trucks are covered by the program.

Korea Transport Energy Efficiency Laboratory

The laboratory of total floor area of 3,300㎡ is under construction in Chungcheongbukdo,

midwest region of Korea, and will perform research and development in vehicle energy

use efficiency.

The main role of the laboratory is to develop methods to test fuel efficiency and performance

of green car(SEV, HEV, PHEV) using 5-cycle test equipments satisfying EPA standard, and to

perform a study and run pilot program to introduce fuel efficiency program for large and medium

sized commercial cars. After completion in 2015, the test equipments will be installed gradually

by 2017. The laboratory is expected to be a critical research institute to raise the credibility of

energy saving policy in the transport sector, reinforce the fuel efficiency program and advance

the vehicle industry.

Fuel Efficiency

17km/ℓ 24.3km/ℓ

Emission below 140g/km below 97g/km

(from 2016 to 2020)

Vehicle Energy Efficiency Labeling and Standard

Manufacturers must disclose the driving distance per unit of

fuel(ℓ) and CO2 emissions along with fuel efficiency level(1~5

grades), for manufactured or imported cars with a capacity

of maximum 15 passengers, light and small truck excluding

subtype, using fuels such as gas, diesel, LPG, electricity.

The program aims to standardize labeling standards and fuel

efficiency testing procedures, support manufactures to develop

high efficiency vehicles, and provide information to consumers

so that they can consider both economic and environmental

aspects when purchasing a vehicle.

KEA inspects whether the manufacturers and importers submit

and publish the correct information about their fuel efficiency

and carbon emission.

Guiding the Optimal Choice for Your New Car

Accelerating Energy Efficiency in TransportAverage fuel efficiency standard in Korea is strengthened to match developed countries. Korea Transport Energy Efficiency Laboratory will be launched in 2015, and as part of the national new energy industry initiative, electric car battery leasing businesses will gain support for battery purchase, in the form of public-private matching fund for three years.

• Vehicle Energy Efficiency Labeling and Standard

• Average Fuel Economy

• Tire Fuel Efficiency and Labeling Program

• Korea Transport Energy Efficiency Laboratory

• Electric Vehicle Battery Lease

What we do



Electric Vehicle Battery Lease

The government provides support to battery lenders to purchase batteries

for electric cars. Lease companies, bus and taxi companies can save initial

investment cost by paying for just the vehicles without batteries, since battery

lenders provide maintenance and charging services.

Considering the geographical advantage, Korea’s biggest island, Jeju was

selected as the target for the pilot program. Car owners can earn fuel cost

savings, which in part pays for the battery lease, and in part becomes profit. The

target is to distribute 119 electric buses, 1000 electric rental cars by 2017.

In order to increase the demand for electric cars and expand the intial

market, the government mandated public institutions to procure electric cars.

Institutions which own more than 10 cars are under the effect - more than

25% of the new purchase or lease should be electric cars.

Making Electric Cars Affordable

in Jeju island

119 electric buses

1,000 electric rental cars

The target is to distribute

Avg. emission(cc)Avg. vehicle weight(kg) Avg. fuel economy

13

15

14

12

11

10

9

8

7

6

3,000

(cc, kg)(km/ℓ )

2,500

2,000

1,500

1,000

1,492.2

2,051.5 2,015.21,974.7

1,426.5

11.47

12.27

1,968.0

1,424.5 1,406.1

1,950.6

12.8713.40

1,973.6

1,424.2 1,423.6

1,927.1

14.16 14.19

1,941.8

1,450.91,475.0

11.0410.76

2007 2008 2009 2010 2011 2012 20132006

Annual trend of average fuel economy

Tire Energy Efficiency Grade Label



1,522

2,845

4,436

6,703

326555 825

1,257

2011 2012 20132010

Energy Efficiency Labeling and Standard

Manufacturers and importers are mandated to disclose

information of the products’ energy efficiency grade from level

1(highest) to level 5(lowest), by attaching a label showing

CO2 emissions and energy cost. Energy Efficiency Labeling

and Standard program provides consumers to make the right

decision.

High-efficiency Appliances Certification

This voluntary program certifies equipments in industries

and buildings with high energy efficiency performance. The

purpose of the program is to encourage diffusion, research and

development of high efficiency equipments.

e-Standby Power

The purpose of the mandatory program is to reduce standby power of

office and home appliances and diffuse efficient standby power products.

An Energy Boy label is attached to those that meet the standby power

standard whereas a standby warning label is attached to those that fail.

3 Major Appliance Efficiency Programs to Boost the Market

e-standby Power• 45% reduction in standby power per unit of household appliance (‘03: 3.66W→‘11: 2.01W)

• 25% reduction in the annual domestic standby power (‘03 : 4,600GWh/year→‘11: 3,470GWh/year)

3

High Efficiency Appliances Certification• Diffusion of LED Lighting : (‘01) 1 Product→(’13) 14 Products

• 285% growth of participating companies (‘10 : 326→’13 : 1,257)

• 340% growth of certified models (‘10 : 1,522→‘13 : 6,703)

2

Energy Efficiency Labels• Revise target products to provide better consumer information (‘00 : 8 Products→‘08 : 21 Products→‘14 : 35 Products)

• Improve energy efficiency of main appliances (‘08→‘13) Electricity Refrigerator : 27.7% Reduction(0.94→0.68 kWh/l) Air Conditioner : 29.7% Reduction(127.77→89.77 kWh/kW) Washer : 11.9% Reduction(2.61→2.30 kWh/kg)

1

No. of ModelsNo. of Companies

Annual LED Products Certifications

Energy Efficiency Resource Market Pilot Program

In this program, participants replace their existing equipments

with high-efficiency ones and gain compensation if they succeed

in shaving off the target reduction during peak load.

The program’s approach is new in that the compensation is

determined by market competition and that M&V* is performed

using Information Communication Technology (ICT).

* Measurement & Verification(M&V) : The process of quantifying

savings delivered by an energy conservation measure

ESCOs, DSM companies etc. can apply for the program by

replacing equipments that can continuously reduce the peak

demand over the life cycle without additional control, during the

peak demand period, 2 to 6 p.m. from July to September.

Adding Vitality to the Energy Efficiency Market

Scaling up Efficiency in Appliances

KEA will raise the standard of regulation and management of the energy efficiency program, and set a mid to long term road map for better diffusion of high efficiency equipments such as LED lighting and high efficiency inverters.

• Energy Efficiency Resource Market Pilot Program

• Energy Efficiency Labeling and Standard

• High-efficiency Appliances Certification

• e-Standby Power

What we do

35,000 models(35 products)

Energy EfficiencyLabeling and Standards


High-efficiencyAppliance Certification


e-Standby Power

Part 2Accelerating New & Renewable Energy(NRE) Deployment


NRE Policy Promotion

Based on Promotion Act for New & Renewable Energy Development,

Utilization and Dissemination Article 5, a Renewable Basic Plan is

established every five years.

KEA involves in policy making by setting targets and methods, and

provides the public with information of government policy directions,

businesses and, NRE facilities to promote a wide understanding of

NREs.

Publication of Annual NRE Deployment Statistics

KEA publishes national NRE deployment statistics every year, for 8

types of energy sources - solar, wind, hydro, bio energy, ocean energy,

waste energy, fuel cells, and geothermal energy - in 24 specific

categories including installation capacity, production and generation

per region, as of 2013.

NRE deployment statistics are used as preliminary data for national

NRE policy making, such as the Energy Master Plan and Renewable

Basic Plan, and are also provided to global institutions, such as IEA

(International Energy Agency), IRENA (International Renewable Energy

Agency) and WEC (World Energy Council).

NRE Deployment Statistics for Policy Making

NRE Policy Support*NRE: New and Renewable Energy

11types of NRE

Integrated GasificationCombined Cycle(IGCC)

Waste Energy

Geothermal

OceanHydrogen

Bio Energy

Solar Thermal

Solar PV

Wind

Fuel Cell

Hydro

KEA will expand the NRE markets by implementing RPS (Renewable Portfolio

Standard) and RFS (Renewable Fuel Standard) to implement the Fourth Basic

Plan to reach the national target of increasing NRE mix of the total primary

energy supply to 11% by 2035.

Accelerating NRE Deployment

NRE Policy Support

• NRE Policy Promotion

• Publication of Annual NRE Deployment Statistics

NRE Industrial Promotion

• NRE Equipment Standardization

• NRE Equipment Certification

NRE Dissemination

• NRE Subsidy Programs

• Soft Loans for New and Renewable Energy

• NRE Obligation in Public Institutions

• PV Rental Business

• Renewable Portfolio Standard, RPS

• Renewable Fuel Standard, RFS

What we do

IntegratedMarket

RHO(Heat)

RFS(Transport)

RPS(Electricity)

(2012)

Mutual Transaction of Certificates

Supply 11% of Total Primary Energy Supply fromNRE Sources by 2035

Mutual Transaction of Certificates

(2016) (2015)

Reinforce Existing Policy

• Installation Subsidy

• NRE Facilities Certification

• Renewable Home Deployment

• RPS

NRE target by 2035

11%of TPES



Geothermal• Water-Water Geothermal Heat Pump Units

• Water-Air Geothermal Heat Pump Units

• Water-Air Geothermal Multi Heat Pump Units

Fuel Cell • Polymer Electrolyte Membrane Fuel Cell (PEMFC) Systems

Bio Energy • Wood-pellet water heat boiler (less than 58.14kW)

Others• Batteries

• Charge Controllers

• Monitoring Units

NRE Equipment Certification

The certification scheme for NRE facilities was designed to guarantee the quality of

domestically manufactured facilities, to build consumer confidence and promote the

commercialization of technologies by providing reliable performance evaluation and

standardization.

The certification is currently applied to 26 items in 7 fields - solar PV, solar thermal,

wind power, geothermal, bio energy, fuel cell and others. In 2014, a total 1,265

models were certified.

The New and Renewable Energy Center (NREC) was accredited as a product

certification body by the Korea Accreditation System (KAS) in 2007 and as a

National Certifying Body (NCB) by the Worldwide System for Conformity Testing and

Certification of Electro-technical Equipment and Components (IECEE) in 2008.

Building Consumer Confidence in NRE Products

Solar Thermal• Solar Collectors (flat-plate, fixed-concentrating, and evacuated-tube types)

• Solar Water Heaters (natural circulation and forced circulation types)

• Solar Water Heaters (evacuated-tube integrated type)

Wind Power• Inverters for Small Wind-Turbine Generating Systems

• Small Wind-Turbine Generating Systems (less than 30kW)

• Large Wind-Turbine Generating Systems (over 30kW)

Solar PV

• Grid-Connected Photovoltaic Inverters (less than 10kW)

• Stand-Alone Photovoltaic Inverters (less than 10kW)

• Grid-Connected Photovoltaic Inverters (over 10kW, less than 250kW)

• Stand-Alone Photovoltaic Inverters (over 10kW, less than 250kW)

• Crystalline Photovoltaic Modules

• Thin Film Photovoltaic Modules

• Solar Cells

• Daylight Collecting Systems

• Photovoltaic Combiner Boxes

Certification Products

NRE Industrial Promotion

NRE Equipment Standardization

To support newly developed technologies enter the market,

KEA supports the development and coordination of national and

international standardization.

For international standardization, KEA attends international

standardization (IEC/ISO) development meetings and proposes

relevant standards, while for national standardization, KEA

develops Korean Standards in line with international standards,

by applying international standards (IEC/ISO) to Korean Standards

(KS).

KEA manages 114 types of Korean Standards since it was

designated as a Cooperating Organization for Standards

Development (COSD).

Pioneering NRE Technology Standardization

As of 2014

114KEA manages

114 types ofNRE Standards

Solar PV(IEC/TC 82) 70Solar Thermal(ISO/TC 180) 21Fuel Cell(IEC/TC 105) 9Wind Power(IEC/TC 88) 14



NRE Obligation in Public Institutions

The Public Institutions Renewable Obligation requires public

buildings with over 1,000m2 of floor space to generate more

than 12% of total expected energy use by NRE facilities, on

construction, extension or remodeling of buildings.

Between 2004 and 2014, public institutions submitted 3,574

installation plans. Most of the investments were made in

geothermal, solar photovoltaic, and solar thermal. In September

2008, the program included school buildings, and in 2009,

it included remodeling buildings. In 2011, the program set a

standard that required more than 10% of total energy use. This

share was increased to 12% in 2014

Installation loans are provided to installers of facilities that

produce or utilize NRE, while operation loans are provided to the

manufacturers of NRE facilities.

Loans are provided for up to 90% of the total cost for small

businesses, 70% for medium sized businesses, and 40% for

large companies. Additionally, about 10% of total investment in

the installation of NRE facilities can be deducted from income

tax or corporate tax.

2015 20182016 2019 2020~2014 2017

12

15

18

21

2427

30

Share (%)NRE Obligation ratio(%)

1,555,207

2010 2012~2008 2011 20132009 2014 Total

1,523,850

31,357

915,508

5,507

921,015

125,039

5,301

130,340

85,685

5,655

91,340

105,906

5,894

111,800

86,340

3,000

89,340

81,206

3,000

84,206

124,166

3,000

127,166

Installation loans

Operation loans

Total

<unit: million KRW>

Status of loans provided

Dissemination of NREs

NRE Subsidy Programs

To accelerate NRE deployment, the government provides subsidies

for installation of NRE facilities such as PV, solar thermal, and

geothermal facilities in residential areas, buildings, local provinces,

and convergence businesses.

Home subsidy program was launched to promote NRE deployment

in private houses and multi-family houses. Building subsidy

program provides subsidies for general buildings except the ones

owned or maintained by the government or local governments.

Regional subsidy program provides subsidies for the installation

of NRE facilities owned by the local government for the purpose of

energy price stabilization and energy use rationalization.

Convergence subsidy program provides subsidies for NRE facilities that

combine two types of new and renewable energy sources, or when

more than one subsidy programs are combined in one specific area.

Soft Loans for New and Renewable Energy

The government provides long-term and low-interest loans for

the installation of NRE facilities to promote NRE deployment and

industrial development.

Scaling up NRE Deployment to Reach 11% Target by 2035

Status of subsidy programs 2014

Homes subsidy for private houses

14,380 (56,897million KRW)

Buildings subsidy for non-public buildings

662 (30,588million KRW)

Regional subsidy for local governments


Convergence subsidy for combination of above




Renewable Fuel Standard, RFS

KEA is launching a new scheme that obligates transport fuel

suppliers to blend existing fossil fuel with certain portion of

bio-fuel mix, starting from July 2015, based on Promotion

Act for New & Renewable Energy Development, Utilization and

Dissemination.

The fuels covered by this program are biodiesel sold by

petroleum exporters and importers and petroleum refining

businesses under the ‘Petroleum and Petroleum Substitute Fuel

Business Act’. In the near future, bio-ethanol and biogas will be

included in the mix, and the annual obligated share will expand

to 2.5% in 2015-2017 and 3.0% in 2018-2020.

The government calculates and sets obligation target every

year, and the supply companies implement to reach the annual

target by installing renewable energy power plants or buying the

RECs from other NRE power producers. The purchased RECs are

submitted to the government to be counted as compliance.

The power suppliers are guaranteed the additional costs of

implementing the RPS by the performance results. In case the

targets are unmet, obligators can postpone the implementation,

and if the obligators implement more than the given target, the

over fulfilled targets can be counted as next year’s performance.

If they fail to meet the RPS target, they must pay a penalty of

less than 150% of the average REC price.

Since the scheme was introduced in 2012, the installation

capacity soared to 3.485MW(Solar 1,437MW, non-solar

2,048MW), which is 3.4 times bigger than the capacity installed

during the FIT(Feed-in-Tariff) period of 10 years.

Diversifying the NRE User Portfolio to Transport

3,485MW installed

Solar 1,437MW

Non-solar 2,048MW

Accelerating NRE Deployment through RPS

PV Rental Business

In this program, PV rental companies install PV systems in

households and provide maintenance service to homeowners.

The households can save the electricity cost and lenders can

gain profit by collecting rental fees from households and selling

Renewable Energy Point (REP) to power suppliers.

Renewable Portfolio Standard, RPS

RPS (Renewable Portfolio Standard) is a system that places

an obligation to power suppliers with a capacity of more than

500MW (NRE power plants excluded) to produce a certain

amount of power from NRE sources. The targeted energy sources

are solar PV, wind power, hydropower, bio-energy, fuel cell, and

tidal power. The level of obligation target in 2012 was 2% of the

total power generation, and it increases up to 10% by 2022.

* Program coverage in 2014: total 14 companies including Korea

Hydro & Nuclear Power Co., Korea South-East Power Co.,

Korea Midland Power Co., Korean Western Power Co., Korea

East-West Power Co., Korea Southern Power Co., Korea District

Heating Co., Korea Water Resources Co., SK E&S, GS EPS,

GS Power, POSCO Energy, MPC Yulchon Electric Power Co.,

Pyeongtaek Energy Service (newly added in 2014).

NRE Investment(2004~2014)

Installation Plan(No.)

Total cost of construction (Million KRW)

(A)

Cost of NRE investment

(Million KRW)(B)

Rate(%)(B/A)

1,412 14,020,603 830,162 6

NRE Generation(2004~2014)

Installation Plan(No.)

Expected energy usage(kWh/yr)

(C)

NRE Production(kWh/yr)

(D)

Rate(%)(D/C)

2,162 11,318,187,204 1,343,069,051 12

830,162 Million KRWin terms of investment

1,343,069,051kWh/yrin terms of generation

589 installed in 2014

2004~2014

3,574 Total Installation

Annual Status of NRE Obligation in Public Institutions

Wind Power Generation in RPS

Project Name : Yeongam Wind Power

Generation

Project Period : 2013~2014

Capacity : 40.0MW

Location : Jeollanam-do

Yeongam-Gun

Expenses : 1,00.3 billion in KRW

Annual power generation : approximately 81GWh (capacity factor 0.23%)

Available to supply electricity for 22.5 thousands of households

annually (avg. households using 300kWh per month)

Part 3Establishing Greenhouse gas(GHG) Reduction Base


Energy and GHG statistics

KEA studies the status of energy usage and GHG emissions by businesses in

the mining and manufacturing industries, establishes statistical database of 17

provinces with 91 specific types of businesses, and provides detailed status of

statistics, by use and process (the targeted businesses were about 150,000 in 2014).

GHG Emission Survey in Industry

Under the IPCC* guideline, KEA calculates the emissions in industrial

processes, by source. The data is used in annual national GHG inventory reports.

* IPCC: Intergovernmental Panel on Climate Change

Development of Country-specific Emission Factors

KEA provides calorific conversion table (gross calorific values and net calorific

values) to improve the accuracy of national GHG emissions calculation, and

develops Korea’s emission factors of CO2 and non-CO2 sources in energy and

industrial processes.

KEA provided calorific conversion table for 29 types of energy sources in 2006 and 30 types of energy sources in 2011.

KEA announced national CO2 emission factors for 20 types of energy sources in 2012 and 24 types of energy sources in 2013.

Energy & GHG Technology Database and Systems Analysis

KEA collects, analyses and notifies the energy and GHG emission reduction

technologies and their data in nationwide service from various energy

conservation activities such as energy audit, high-efficiency equipment

certification and GHG emission reduction program.

KEA develops the TIMES* analysis model to analyse the potential of national

GHG emission reduction and provides basic data for energy demand

management policies.

* TIMES (The Integrated MARKAL-EFOM System) : Bottom-up model that

was invented by IEA ETSAP. It is useful for analyzing energy system and the

potential of GHG emission reduction.

TIMES

The IntegratedMARKAL-EFOM System

analysis model

KEA’s Technology Guideline to Reduce GHG Emission Reduction

To achieve the national target of a 30% reduction of GHG emissions from the BAU

scenario by 2020, KEA strengthens the climate change response in industries,

manages GHG database, operates Target Management Scheme and implements

climate change negotiation.

EstablishingGHG Reduction Base

Energy & GHG DB Analysis

Energy Use Report from Energy Intensive Businesses

Energy intensive businesses* must report their status of energy usage

and facilities to KEA, which will be published and used as basic data

to establish Energy Use Rationalization Plans

* Businesses that consume more than 2,000toe every year

As of 2013, there were 3,594 energy intensive businesses,

responsible for 39.4% of total national energy consumption.

Check Korea's Energy Info at KEA

Energy & GHG Database Analysis

• Energy Use Report from Energy Intensive Businesses

• Energy & GHG Statistics

• GHG Emission Survey in Industry

• Development of Country-specific Emission Factors

• Energy & GHG Technology Database and

Systems Analysis

Energy & GHG Target Management

• Energy & GHG Target Management Scheme in

Industry and Generation Sectors

Certification of GHG Emission Reduction

• Certification of GHG Emission Reduction

• Korea Voluntary Emissions Reduction

What we do

*GHG: Greenhouse gas, BAU: Business As Usual

Industry Buliding Power Total

2009 1,985 845 30 2,860

2010 2,126 894 34 3,054

2011 2,257 887 34 3,178

2012 2,293 925 34 3,252

2013 2,562 997 35 3,594

Year

Classification

No. of targeted businesses

GHG reduction target

of BAU level by 2020

30%



In view of this change, KEA sets the target in a bottom-up

method that takes account of the production plans of the

target entities, so that their industrial competitiveness is not

undermined while strengthening climate change response at the

same time.

GHG Reduction(CO2eq) Energy Consumption(TJ)

Reduction26,977(2.43%)

targetmanagement

Reduction532(2.50%)

targetmanagement

projected consumption

21,268 allowedconsumption

20,736allowedemission

1,081,366

projectedemission

1,108,343

597

No. of companiesunder the Target Management Scheme in 2014

Energy & GHG Target Management

Energy & GHG Target Management Scheme in Industry and

Generation Sectors

The GHG and Energy Target Management Scheme designates

companies that consume energy with certain amount of GHG

emissions. The government and the companies negotiate targets

for the reduction of GHG emissions and energy conservation. The

government imposes a fine if the companies fail to achieve their

targets.

Total 597 entities were designated under the strengthened

standard in 2014. With the launch of the Emission Trading

Scheme (ETS) in January 2015, heavy emitters join the ETS,

and the number of remaining entities in 2015 will be reduced

to 41 SMEs that lack capital, human resources and methods of

reductions.

Paradigm Shift in Climate Change Response of Small and Medium sized Enterprises



Motivating SMEs in Voluntary Reduction

528

No. of KVER registered projects(2005-2014)

validation and verification since 2006. As of January 2015, 92 of

national and international CDM projects were registered and verified.

Additionally, Korea Voluntary Emission Reduction(KVER) was

introduced to promote the GHG emission for national businesses in

August 2007 and KEA as GHG Certification Office performs feasibility

assessment for national businesses to register their projects.

Korea Voluntary Emissions Reduction, KVER

KVER evaluates GHG emission reduction projects of domestic SMEs

and register their expected emission values. KEA verifies and validates

the processes and certifies the actual reduction performance during

the projects' operation period.

The program aims to strengthen SMEs competitiveness and involve

them in supporting climate change policy actions by providing

technical, financial support.

From 2005 to 2014, 528 projects were registered in the program

in areas such as energy recycle using waste heat recovery facilities,

power generation by NRE facilities, and energy saving by industrial

process innovation. Since 2006, 1,073 projects have passed the

verification and validation and monitoring process for 8 years, and

KCERs of approximately 14.82 million tons of CO2eq were issued.

* CDM : Clean Development Mechanism

* CER : Certified Emission Reduction

* DOE : Designated Operational Entity

* KCER : Korea Certified Emission Reduction

Top Quality Validation and Verification Service


KEA promotes GHG emission reduction activities by systematic

certification of national and international GHG emissions

reduction projects.

As the Kyoto Protocol entered into effect in February 2005, Clean

Development Mechanism(CDM) was introduced to implement

the targets that were given to developed countries, and it was

performed by developed and developing countries together

to commit GHG emission reduction projects. CDM allows the

developed countries to get Certified Emission Reductions

(CERs), which can be used towards the implementation of GHG

emission reduction commitments and allows the developing

countries to sustainable development with environmental-friendly

technologies and financial support. KEA has been accredited

as CDM, Designated Operational Entity(DOE), to ensure the

reliability and impartiality of the CDM project certification service

since November 2005, and participated in evaluation for CDM

Verification of Mongolia's first wind farm

Period : February to July 2014

Project : Salkhit Wind Farm CDM Project, Mongolia

Accomplishment : KEA verified the emission reduction of

a large scale wind farm project, where

54,422 CERs were issued.


Part 4Energy Welfare, Communication & Cooperation


Energy Voucher Program

To increase energy access, energy vouchers for heating are provided to the

energy poor during the winter season for low income groups and social welfare

organizations.

* Energy Voucher is an electric or magnetic voucher provided to the energy

poor, that can buy energy from energy suppliers.

Discussion in energy welfare policy started when a young girl died from a fire

accident sparked by a candle flame in a house where power supply was cut

off because of delayed electricity bills. Energy costs usually double during

wintertime, and the burden is greater for low-income and disabled households.

The energy welfare scheme has been launched, customized to different

households to lower the energy cost burden.

The government declared the end of energy poverty in the first Energy

Masterplan in 2008, and listed the energy voucher scheme as one of the

national agenda in 2013. As part of the government's effort to minimize the

negative impact of energy price reform and to provide a safety net for the

energy poor, the energy voucher scheme has been included in the second

Energy Masterplan in 2014.

Under the program, about 800,000 houses that meet the criteria of income,

household, or residence types, will be subsidized with 100,000 KRW during

3months of the winter season.

KEA expects the targeted houses will be low income groups including the

disabled senior citizens aged over 65 years, or infants aged under 5 years. The

subsidy will be the energy cost difference between winter season and non-

winter season, and grades will be given depending on the size of household

and energy sources.

Efficient Appliances for Low Income Groups

KEA supports costs for replacing low efficiency lighting equipment with high

efficiency lighting equipment (LED) of low income groups and social welfare

organizations, free of charge.

Energy Efficiency for Everyone

Energy demand management is a policy of the people, by the people, and for the people, that cannot be

performed without nationwide engagement and awareness. KEA hosts energy exhibitions and provides

education for people at home and abroad for a smart energy society and climate change response.

Energy Welfare, Communication & Cooperation

Energy Welfare

Energy Welfare

• Energy Voucher Program• Efficient Appliances for Low Income Groups

Education and Training

• Future Generation Education• Professional Education and Training• Global Education and Training

Energy Saving Culture

• Energy Saving Campaign• Energy Saving Experience Center• Carbon Neutral Program• Energy Korea Show 2014

International Cooperation

• International Cooperation on Efficiency and NRE• Climate Response Program in Developing Countries• Overseas Business Support for NRE SMEs

What we do

170.2 billion KRW for low income groups

Efficient Appliances for Low Income Groups(2004~2013)

60.5 billion KRW for social welfare organizations



Professional Education and Training

KEA provides practical on-the-job professional education and

training programs for energy managers in construction, industry

and the public sectors.

The programs provide field trips and recent energy policies and

technologies that are related to energy conservation, energy

efficiency improvement, UNFCCC, and NRE. The field trips are

popular to the participants because it offers an opportunity for

practical information and knowledge.

In 2014, a total of 3,550 professionals were educated and

trained through 14 different energy related programs on new

technologies of energy audit, energy management system

education, and building evaluator education.

Global Education and Training

KEA shares Korea’s experience in economic development and

energy conservation schemes with developing countries. For the

last four years, a total of 470 people from 36 countries have

participated.

The global education programs for international organizations,

governments, and overseas expansion businesses are run in

partnership with international organizations such as the World

Bank, Inter-American Investment Corporation(IIC), United Nations

Industrial Development Organization(UNIDO) and International

Copper Association(ICA), for countries in Central and South

America, the Middle East, Africa, and Southeast Asia.

KEA also conducted ‘The Kuwait Offset Training Program’ in

partnership with Hyundai Heavy Industries Co. and ‘The Ecuador

NRE Training Program’ in partnership with Dohwa Engineering.

Building Korea’s Capacity in Energy and Climate Issues

Korean Energy Contents Going Global

KEA supports sustainable growth of developing countries in partnership with international organizations, governments and companies to share knowledge and experience in energy technologies and policy implementation.

Global Education & Training

Education and Training

Future Generation Education

KEA provides various youth educational programs and contents to raise awareness

of the importance of energy saving and the dangers of climate change.

KEA invites public participation and operates energy conservation research

schools in cooperation with the Ministry of Education. The schools run for 2

years, during which various energy and climate change issues are added to the

school curriculum with extra curricular activities, voluntary services, and energy

conservation campaigns that foster the students into household and community

energy savers.

KEA’s Energy Tomorrow program - energy mission tours, lectures, experience

activities and quiz tournaments - provides a comprehensive opportunity for the

youth to acquire accurate information on energy and climate change, find their

own solution for global warming, and explore future jobs.

Energy Tomorrow program is certified as an official project of UNESCO ESD

(Education for Sustainable Development) by Korean National Commission for

UNESCO*.

* UNESCO : United Nations Educational, Scientific and Cultural Organization

Future Generation Education for a Brighter Energy Future



Energy Saving Experience Center

Energy Saving Experience Centers located all over the country

- Yongin, Deajeon, Gwangju and Daegu became the centers of

local energy education, attracting 120,000 visitors in 2014.

They feature high efficiency energy products and models of

green homes and NRE systems etc. that visitors can operate and

experience how energy is saved.

Carbon Neutral Program

Carbon Neutral Program is a voluntary GHG reduction program that sets

the reduction targets based on the GHG emission from daily activities of

businesses, local governments, organizations, or individuals.

Since 2008, the program attracted a total 24,000 of applicants

and 510,000 tons of confirmed certificates were issued for GHG

reduction activities by means of direct reduction, purchase or CSR.

The offset costs that were collected from CSR were used to establish

the Carbon Neutral Forest and install NRE facilities. 2014 saw the

first participation from the international sports sector, the Organizing

Committee of 17th Asian Games Incheon 2014 participated in Carbon

Neutral Program, and reduced approximately 130,000 tons of CO2.

Seeing, Hearing, and Feeling Efficiency

Join the Carbon Neutral Program if You Care About the Earth

In 2014, ‘Energy Tomorrow Program’ was launched as convergence experience educational program for youth participants to brainstorm creative solutions to current energy and climate issues through energy lectures, mission accomplishments and career consultations.

Key Accomplishments

14,281

512,662

2010 20122008 2011 20132009 2014 Total

30

3,965

53

3,325

351

9,981

1,074

6,093

1,347

20,376

7,192

42,900

4,234

426,022

No. of Certificates

Issued

GHG reduction

(tCO²)

Energy Saving Culture

Energy Minus(-) and Love Plus(+)

Energy Conservation Campaign in Winter and Summer Seasons

Energy Saving Campaign

Energy Minus (-) and Love Plus (+) is a daily energy saving campaign

where businesses and public organizations come together to save

energy.

Energy Minus (-) and Love Plus (+) is a corporate social responsibility

campaign that uses energy cost savings to hep people in need.

Instead of a one-way giveaway, this campaign connects companies

and people so that they may exchange know-hows and appreciate

each others’ efforts in energy saving. Corporates save energy by

joining KEA’s programs, and provide cooling costs and LEDs for the

energy poor, and create jobs for the youth.

Seize Your Day of Efficiency



International Cooperation

International Cooperation on Energy Efficiency and New and

Renewable Energy

KEA has engaged in international discussions such as

International Energy Agency(IEA) and climate change

negotiation for pending issues like oil crisis and climate

change, and promotes multilateral and bilateral cooperation

in energy and GHG related fields for international project

development.

The international network is further strengthened by attending

major international meetings in APEC, ASEAN energy forums

and joining tasks in IEA, IPEEC, IRENA.

KEA implemented international green projects through joint

projects and shared bilateral policies and schemes with

international organizations such as Inter-American Investment

Co. (IIC), Swiss ETH, and Uzbekistan Ministry of Finance etc.

The Hub of Clean Energy Information

Energy Korea Show 2014

Energy Korea is a unique exhibition that aims to promote the

marketing of energy-efficient products and the exchange of

the latest energy conservation technologies and policy trend.

Energy Korea Show 2014 was held in joint partnership with 4

different energy exhibitions including Green Energy Exhibition

and New and Renewable Energy Exhibition. Energy Korea Show

2014 exhibited 272 energy related businesses and drew 15,080

visitors. The exhibition organized national buyer matchmaking,

consultation sessions for export and overseas expansion of

national businesses, and media public relations. Contracts

reached 6,250 thousand USD and consultation of 91,120

thousand USD were accomplished during 211 cases of export

consultations.

Korea Energy Show, Smart Mix of Energy Technologies, Products and Policies

Jeremy Rifkin, a renowned economist and futurist made the keynote speech in the International Forum, ‘Energy Korea Show 2014’



Korean Pavilion in Major International Exhibitions

Project Period : February 2014 (Japan, PV∙WIND Expo), June 2014 (Germany, Inter-solar), September 2014 (U.S., SPI)Project Target : National NRE related small and medium businessesMajor results : Total 30 Korean pavilions participated (13 in Japan, 12 in Germany, 5 in U.S.)

New & Renewable Energy Korea 2014

Project Period : Oct. 2014 Project Target : domestic/foreign NRE companies and organizationsAccomplishments : 205 booths, 5 different countries, 40 side events

Overseas Business Support for NRE SMEs

In 2014, KEA assisted SMEs invest in international projects

by supporting 10 cases of receiving overseas certifications

from UL, TUV, 10 cases of participating in overseas exhibitions,

and 4 cases of operating business consultations. Every year,

“Renewable Energy Korea” is hosted to showcase technology

and product exchange between NRE companies from home and

abroad.

A support center for overseas expansions is operated, providing

consultation for 18 companies this year on export, winning

contracts, infrastructure building, overseas market information

and market roadshows etc. Financial support is provided to

projects with high potential - 18 were supported in 2014.

Supporting NRE SMEs to Invest in Overseas Businesses

Joint Projects with International Organizations

Since 2012• Improving energy efficiency through energy audit in Guatemalan textile companies• Jordan, Pakistan, Egypt, energy audit and policy advice

Since 2012• Low Carbon Economic Co-operation and energy saving and efficiency policies • Laos, Sri Lanka energy efficiency

Since 2013• Information exchange activities in CTCN

Since 2012• Africa Sustainable Energy and Climate Change joint workshop to promote capacity building ※Tanzania, Ethiopia Sustainable Energy Initiative development and investment promotion

Since 2008• ASEAN + 3 CDM Project Cooperation: CDM education, business opportunities, and country reports, etc.• NAMA capacity building training and seminars

Since 2012• Improving energy efficiency through energy audit in Bolivia energy

intensive industry• KEMCO-IIC GREENPYME Knowledge Exchange Workshop for Latin America

KEA's Global Network

KEA supports the activities of regional expert organizations to discover potential GHG reduction projects.

KEA, an Open Book of Energy Policy

Trial and Errors

Climate Change Response Program in Developing Countries

Korea is recognized as one of the advanced nations which

achieved rapid economic growth. The development experience of

becoming a donor country from a recipient country in ODA, is an

experience often cited as a model for developing countries.

KEA has accumulated know-how through various energy related

activities for the past 35 years and many developing countries

have requested KEA to share the knowledge of implementing

energy saving policies.

Since 2008, KEA has been engaged in supporting overseas

projects for GHG reduction, investing a total of 20.2billion KRW

as of 2014, in regional expert organizations’ activities, feasibility

studies and knowledge exchange events. KEA partnered with

the World Bank (WB), Inter-American Investment Co. (IIC), and

Asian Development Bank (ADB) on energy efficiency projects

worldwide, and ADB designated KEA as Center of Excellence and

established a sustainable partnership for energy efficiency and

NRE related fields.

Philippines(2008)

China(2013)

Philippines(2013)

Uzbekistan(2008)Uzbekistan(2014)

Sri Lanka(2012)Sri Lanka(2013)

Indonesia(2008)

Tanzania(2012)

Chile(2011)

Switzerland(2014)

Kuwait(2013)

Tanzania(2013)Peru(2013)Peru(2013)

Czech Republic(2012)

Climate Change Response ProgramMOU Partners



ADB Asian Development Bank

APEC Asia-Pacific Economic Cooperation

ARCAM APEC Regulatory Cooperation Advancement Mechanism

ASEAN The Association of SouthEast Asian Nations

CCIA Cross-Cutting Implementing Agreements

CEM Clean Energy Ministerial

CERs Certified Emission Reductions

CHP Combined Heat and Power

COSD Cooperating Organization for Standards Development

CSR Corporate Social Responsibility

DOE Designated Operational Entity

DSM Demand Side management

EEWP Energy Efficiency Working Party

EFDM Energy Driven Facilities Management

EGEE&C Expert Group on Energy Efficiency and Conservation

EGNRET Expert Group on New and Renewable Energy Technologies

EMS Energy Management System

EMWG Energy Management Working Group

EPA Environmental Protection Agency

ESCO Energy Service Company

ESEP Engineering and Science Education Project

ESS Energy Storage System

ETH Eidgenössische Technische Hochschule Zürich

ETN Energy Technology Network

ETS Emission Trading Scheme

CDM Clean Development Mechanism

ETSAP Energy Technology Systems Analysis Program

EUWP Working Party on Energy End-Use Technologies

EV Electric Vehicle

EWG Energy Working Group

FIT Feed-in tariffs

GGP Green Growth Partnership

GHG GreenHouse Gas

GSEP Global Superior Energy Performance Partnership

HEV Hybrid Electric Vehicle

ICA International Copper Association

ICT Information and Communications Technology

IEA International Energy Agency

IEC International Electrotechnical Commission

ACRONYMS

IECEE International Commission on the Rules for the Approval

of Electrical Equipment

IIC Inter-American Investment Corporation

IPCC Intergovernmental Panel on Climate Change

IPEEC International Partnership for Energy Efficiency Cooperation

IRENA International Renewable Energy Agency

IPHE International Partnership for Hydrogen and Fuel Cells

ISO International Organization for Standardization

KS Korean Standards

KAS Korea Accreditation System

KCER Korea Certified Emission Reduction

KVER Korean Voluntary Emissions Reduction

LED Light Emitting Diode

LPG Liquefied Petroleum Gas

M&V Measurement and Verification

MARKAL MARKet ALlocation

MOLIT Ministry of Land, Infrastructure and Transport

MOTIE Ministry of Trade, Industry, and Energy

NBBI National Board of Boiler and Pressure Vessel Inspectors

NCB National Certifying Body

NETIS National Emission Total Information System

NRE New and Renewable Energy

ODA Official Development Assistance

PHEV Plug-in Hybrid Electric Vehicle

PV Photovoltaic

REC Renewable Energy Certificate

REWP Renewable Energy Working Party

RFS Renewable Fuel Standard

RHO Renewable Heat Obligation

RPS Renewable Portfolio Standard

SESE Save Energy Save Earth

SME Small and Medium sized Enterprises

TC 242 Technical Committee 242 Energy Management

TIMES The Integrated Markal-Efom System

TOE Tonne of Oil Equivalent

UNFCCC United Nations Framework Convention on Climate Change

UNIDO United Nations Industrial Development Organization

WEC World Energy Council

UNESCO United Nations Educational, Scientific and Cultural Organization

Bilateral Relations

Philippines 2013.10. 7 DOE (Department of Energy)

Indonesia 2013. 9.12MEMRDP (Ministry of Energy & Mineral Resources)BAPPENAS (Ministry of National Development Planning)

Sri Lanka 2013.10. 2 SLSEA (Sri Lanka Sustainable Energy Authority)

Uzbekistan 2014. 4.10 MOE (Ministry of Economy)

Tanzania 2013.12. 3 MEM (Ministry of Energy and Minerals)

Peru 2013.12. 6 MINEM (Ministry of Energy and Mines Republic of Peru)

Switzerland 2014. 1.20 ETH (Swiss Federal Institute of Technology Zurich)

Czech Republic 2012.10.15 TACR (Techonology Agency of the Czech Republic)

Kuwait 2013. 3.13 KISR (Kuwait Institute for Science and Research)

Canada 2014. 5.14 NRCan (Natural Resources Canada)

China 2013. 6.27 NDRC (National Development and Reform Commission)

Chile2011.11.112012.06.21

CER (Center for Renewable Energy)AChEE (Energy Efficiency Agency of Chile)

KEA's

involvement in

international

energy

organizations

Organization Activities Since

Ministers' Meeting

2004

Exco/PoCo 2009

2009

2003

TC 242 2008

GSEP 2010

UNECE 2011

UNFCCC 2001

* Refer to Acronyms in page 61

Organization Activities Since

IEA

DSM 2002

4E 2007

REWP 2007

ETSAP 1996

ETN 1996

EEWP 2010

APEC

EWG 1990

EGEE&C 1990

EGNRET 1993

ARCAM 2014

Regional Headquarters of KEA

Chungbuk

Gyeonggi

Incheon

KEA Headquarters

Gangwon

Seoul

Daejeon/Chungnam

Daegu/Gyeongbuk

GyeongnamGwangju/Jeonnam Busan/Ulsan

Jeonbuk

Jeju

Published by KEA Global Strategy Division

Publisher BYUN, Jong-Rip

388 Poeundaero, Suji-Gu, Yongin City, Gyeonggi-Do, 16842, Republic of Korea

www.energy.or.kr

Designed by designCREPAS

KEA Annual Report 2014

©KEA July 2015. All rights reserved.

This report is printed on eco-friendly paper with soy-based ink.

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