1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 3 1.2 List of Figures 3 2 Introduction 4 2.1 Renewable Energy Policy 4 2.2 GlobalData Report Guidance 4 3 South Korea, Renewable Energy Regulatory Framework 5 3.1 Overview 5 3.2 Major Policies 6 3.2.1 Green Growth Policy 6 3.2.2 Subsidy Program (Renewable Energy Demonstration and Deployment) 7 3.2.3 Research Funding for the Development of Renewable Energy Sources 7 3.2.4 Renewable Energy and Energy Efficiency Partnership 8 3.2.5 The Promotional Law of New and Renewable Energy Development, Use and Dissemination 8 3.2.6 Second and Third Basic Plan for New Renewable Energy Technology Development, Use and Deployment 8 3.2.7 Certification for New and Renewable Energy Facilities 9 3.2.8 Tax Audit Exemption 9 3.2.9 Second Energy Master Plan 2014-2035 9 3.2.10 Home Subsidy Program 10 3.2.11 Renewable Portfolio Standards 10 3.2.12 Mandatory Use for Public Buildings 11 3.2.13 Methane to Markets Partnership 11 3.2.14 Memorandum of Understanding between Korean Wind Energy Association and RenewableUK 12 3.2.15 SeaRoc and CDS Wind Sign Offshore Wind Joint Agreement 12 3.2.16 US Department of Energy and South Korea Announce New Clean Energy Partnership 13 3.2.17 South Korea and Cameroon Considering Development of Renewable Capacity 13 4 Appendix 14 4.1 Abbreviations 14 4.2 Bibliography 14 4.3 Methodology 15 4.4 Disclaimer 16

1.1 List of Tables Table 1: Renewable Energy, South Korea, Target for New and Renewable Energies (%) 10 Table 2: Renewable Portfolio Standards, South Korea, Targets (%), 2012-2020 11 Table 3:Abbreviations 14 1.2 List of Figures Figure 1: Renewable Power Market, South Korea, Policy Impact on Applicable Renewable Power Sources 6