Korea will comeback to FiT incentive system for solar power again?

Korea Ministry of Trade, Industry and Energy plans to implement the project "re 3020"

re 3020 project is scheduled to start in earnest in 2018 with the plan to expand the current 7% of new and renewable energy to 20% by 2030

this plan to install new facility of 36.8GW of solar power & 16.7GW of wind power and aim to achieve 36.5GW and 17.7GW respectively until 2030

The major players in this project are major power producers and public corporations including KEPCO, and they plan to lead them to 24.1GW, which is close to 50% 

The remaining 50% will be led by private operators. For this, the central government is considering regulatory reforms such as introduction of the FiT system

If the FiT incentive system for renewable energy is introduced again, it will be resurrected within eight years after the former President Lee Myung Bak abolished the FiT system

Opposition parties, mainly opposition parties, say that the policy is too dominated by renewable energy and discriminates against traditional energy industries including nuclear power plants

Currently, the National Assembly has a large number of opposition parties, and it is not yet clear whether this policy, which requires revision of the law, can be implemented

So far, it's an early point to applaud