South Korea outlines auction system to replace renewable quota framework

South Korea is replacing its renewable energy certificate quota system with monthly auctions, creating a separate track for small projects and an exit mechanism for existing REC market participants.

First covered Oct 12, 2026 · 2:00 AM PT · 1 article · no longer in the live window

South Korea outlines auction system to replace renewable quota framework — Image via pv-magazine.com

Coverage

30d PV Magazine South Korea details auction market to replace renewable quota system — Draft rules for South Korea’s new renewables auction market provide for monthly difference payments from Korea Electric Power Corp.

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Appeared in: 2026-10-12 (#5)

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