In 2020, three of the leading economic powers in Northeast Asia announced ambitious plans to reach net-zero carbon emissions by – or near – the middle of the 21st century, indicating the beginnings of a major transformation in the way energy is produced, traded and consumed throughout the region and beyond. For China, Japan and the Republic of Korea, achieving this highly significant milestone will require a whole-scale transition from fossil fuel-based electricity generation to new energy systems based on renewables. In this context, regional electricity interconnections can not only support these plans, but also offer additional economic and environmental benefits by promoting renewable energy trade across the region.
Read this report by IRENA and the Korea Energy Economics Institute (KEEI) as it provides new perspectives on the interconnection potential in Northeast Asia and valuable insights for policy makers and key stakeholders.
To view full report, click here