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Policies

Renewable Portfolio Agreement (RPA)

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 13 May 2014

The Renewable Portfolio Agreement is a new and renewable energy investment agreement between the Government and energy suppliers. Korea Electric Power Corporation and six power companies including Korea Hydro & Nuclear Power Company, South-East power company, Midland power company, Westland power company, Southern power company, East-West power company and nine other companies including Korea District Heating Corporation and Korea Water Resources Corporation agreed to invest.

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