MCEE launches 12th electricity supply-demand planning process

The plan prioritizes power grid expansion for renewables and supply electricity to AI.

The Korean Ministry of Climate, Energy and Environment (MCEE) held its first general committee meeting to discuss the direction for establishing the “12th Master Plan for Electricity Supply and Demand” on 9 December.

The meeting was held at the main conference room of the Government Complex in Seoul with MCEE Minister Kim Sunghwan in attendance.

Experts in the power sector, relevant organisations, and related government ministries prepared the working draft of the 12th Electricity Plan.

After the meeting, a working subcommittee was established under the General Committee to prepare a working draft for each sector which will then be reviewed and finalised as the working draft.

The subcommittees are the Subcommittee on Demand Planning, Subcommittee on Facility Planning, Subcommittee on Power System Innovation, Subcommittee on Market Innovation, and the Subcommittee on Jeju.

Each subcommittee will discuss  sector-specific issues from an integrated perspective, and continuous feedback will be ensured amongst the subcommittees, such as those on power supply planning, power system, and market, to maintain alignment.

Also of note is the Subcommittee on Power System Innovation was established due to the importance of expanding the power grid to support renewable energy deployment and to supply electricity to AI and advanced industries.

“The 12th plan will serve as the new administration’s first comprehensive energy plan and an important foundation for supporting Korea’s decarbonization, energy transition and industrial competitiveness," said Minister Kim Sunghwan in his opening remarks.

“The 12th plan must lay out a detailed blueprint for shifting from carbon-based generation to a renewable energy-centered system, while ensuring inherent power supply stability throughout the transition and guaranteeing the uninterrupted delivery of stable electricity to AI and advanced industries," he added.