KETEP 세계에너지시장정보

1. Reading the 15th Five-Year Plan .......................................... p. 2

2. Cross-Cutting Themes in the 15th FYP Energy Documents .................... p. 4
  a. Energy security redefined .............................................. p. 4
  b. System integration, digitisation and market reform ..................... p. 4
  c. Overcapacity and consolidation ......................................... p. 5

3. The Core of the Plan: Building a New-Type Energy System .................. p. 6
  a. Renewables face new crosswinds ......................................... p. 6
  b. Growing role for storage ............................................... p. 7
  c. Enabling factors: the grid and power markets ........................... p. 9
  d. Electrification ........................................................ p. 10
  e. Transport .............................................................. p. 10
  f. Coal: building the new before removing the old ......................... p. 13
  g. Nuclear, hydro, hydrogen, CCUS ......................................... p. 14

4. Oil and gas in the 15th FYP .............................................. p. 15
  a. Upstream and storage ................................................... p. 15
  b. Oil substitution and alternative fuels ................................. p. 16
  c. Refining and petrochemicals: consolidation in theory, 
     tolerated redundancy in practice ....................................... p. 17
  d. Oil and gas infrastructure for new carriers ............................ p. 18
  e. Gas: the tolerated bridge fuel ......................................... p. 19

5. International dimensions of the Plan ..................................... p. 21
  a. Exports and overcapacity ............................................... p. 21
  b. Oil and gas: from acquisition to risk management ....................... p. 22
  c. Clean technology and minerals .......................................... p. 22

Conclusion .................................................................. p. 23