Power companies now required to have renewable energy
account for a certain portion of their output
Large factory sites for domestic automobile assembly and
production are being utilized for solar power generation.
A shift in Seoul’s renewable energy policy from subsidies to
renewable portfolio standards (RPS) has prompted power companies to make use of
the large lots available at car plants. The automakers, for their part, stand
to gain by acquiring future emissions rights cheaper from the power companies.
GM Korea began power production on Mar. 11 with a
11.5-megawatt solar power facility at its Changwon plant. The facility, which
is capable of producing up to 14,000 megawatt-hours of electricity, was built
with solar panels on the plant roof and parking area. Plant production and
management are carried out by KC Cottrell in conjunction with Korea Southern
Power and other partners, while GM Korea supplies the site.
