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Gov’t Mandate Requiring More Renewable Energy Shows Poor Understanding of Market

Gov’t Mandate Requiring More Renewable Energy Shows Poor Understanding of Market

SEOUL, Nov. 14 (Korea Bizwire) – The Moon Jae-in administration’s renewable portfolio standard (RPS) has come under fire from experts for what is being criticized as an insufficient understanding of market dynamics. The RPS requires energy producers with annual production capacities at or above a threshold of 500 MW to either allocate a certain portion [...]