국내 CCS 실증사업시 고려해야할 재정적 메커니즘 분석

Abstract

Carbon dioxide capture and geological storage (CCS) is one of key technologies which could effectively and practically mitigate climate change. CCS allows a continuous operation of fossil fuel power plants until commercialization and popularization of low-carbon technologies like renewable energy technologies. However, there are potential barriers of CCS demonstration such as high initial investment costs and investment uncertainties compare to other low-carbon technologies. To overcome these barriers, not only technology-push bush also demand-pull policies are necessary. Up to now, most the political supports are focused on formers. It is strongly requested to derive demand-pull policies for accelerating CCS deployment in Korea. Demand-pull policies include grants, tax incentive, R&D subsidy, quota obligations, a feed-in tariff, CCS bonus system, etc. In this study, it is analyzed that scope of government support, and pros and cons of various financial mechanisms for CCS in Korea to reduce uncertainties and to facilitate the deployment of CCS. Subsidy for CCS R&D is the most prospective financial mechanisms of CCS in Korea. Quota obligations can be firmly implemented if the related laws or regulations are amended. Other CO2 market-based support mechanisms can be considered after 2015, when 「the greenhouse gases emission trading scheme」will be came into effect in Korea.rization of low-carbon technologies like renewable energy technologies. However, there are potential barriers of CCS demonstration such as high initial investment costs and investment uncertainties compare to other low-carbon technologies. To overcome these barriers, not only technology-push bush also demand-pull policies are necessary. Up to now, most the political supports are focused on formers. It is strongly requested to derive demand-pull policies for accelerating CCS deployment in Korea. Demand-pull policies include grants, tax incentive, R&D subsidy, quota obligations, a feed-in tariff, CCS bonus system, etc. In this study, it is analyzed that scope of government support, and pros and cons of various financial mechanisms for CCS in Korea to reduce uncertainties and to facilitate the deployment of CCS. Subsidy for CCS R&D is the most prospective financial mechanisms of CCS in Korea. Quota obligations can be firmly implemented if the related laws or regulations are amended. Other CO2 market-based support mechanisms can be considered after 2015, when 「the greenhouse gases emission trading scheme」will be came into effect in Korea.