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Gov’t Set to Raise Renewable Energy Quota for Power Companies

Gov’t Set to Raise Renewable Energy Quota for Power Companies

SEOUL, Oct. 7 (Korea Bizwire) — The mandatory renewable portfolio standards (RPS) ratio for South Korea’s large-sized power suppliers will be revised upward from next year. The Ministry of Trade, Industry and Energy said Wednesday that it had issued an advance legislation notice for the upward revision of the RPS ratio for large-sized power suppliers. [...]