There is increasing interest and investment on the 'new and renewable energy' technology as current government announced 'green growth' as major economic paradigm. While profile and promotion policy of developed countries such as EU, U.S.A. and Japan are known generally, those of South East Asian countries adjacent to our country are not known well. In this context, this study investigated economic profile, demand and supply of energy, development status and promotion policy and planning of new and renewable energy technology of five major South East Asian countries including Indonesia, Philiphine, Malyasia, Vietnam, and Thailand.
Based on the above primary study, the purpose of this study is to derive possible ways for improving reciprocal benefits in terms of mitigation of green house gases. Besides, we studied on current status of international cooperation projects relative to new and renewable energy between Korea and South East Asian countries and Korean government's supportive policies on oversea's resource development law and mitigation policy on tariff with regard to new and renewable energy.
First of all, transfer of integrated gasification combined cycle (IGCC) technology, hydrological power generation technology, biomass and biogas, biodiesel power generation and refinary technology, heat pump technology, and provision of feedstock for bioenergy are selected as major potential cooperation fields. It is expected to increase rate of return of the projects if they are connected with CDM program. Next, we suggest utilization of pre-existing international cooperation programs such as R&D cooperation projects of international energy agency, APEC new and renewable energy cooperation projects, and new and renewable energy forum of ASEAN+3.
Finally, as potential government supportive policies in the sense of cooperation with South East Asian countries, overseas resource development policy and tariff mitigation policy should be modified in order to boost overseas plantation of bioenergy and accommodate imports of feedstock for bioenergy.