Business

Repowering Project (FIT)

Energy Source Replacement Equipment
Solar energy Solar panels and power conversion equipment

Upon the expiration of a solar power plant built under the existing Feed-in Tariff (FIT) program, the plant can participate in the FIT transition project by replacing its main equipment.

Category Weighted Value of Supply Certificate
power conversion equipment Feed-in Tariff (FIT) (Renewable Energy Source Weighting Factor) – 0.2

Weighting Factor When an Additional Power Meter is Installed for FIT transition Equipment

Capacity ratio weighting factor formula
FIT transition Equipment Weighting Factor X (FIT transition Equipment Capacity / Total Installed Capacity)

Weighting Factor When No Power Meter is Installed for FIT transition Equipment

01

Site Assessment Permit and Approval Review

02More than Twofold Increase in Installed Capacity and Enhanced Efficiency
03Participation in FIT Transition Project after Repowering
04Existing Capacity + Additional Capacity Power Generation Project
05Consultation with KEPCO on Grid Connection
06Weight Factor Applied
  • Reassessment Initiated from Power Generation Permit to All Development and Regulatory Approvals
  • New Power Generation Project Feasible After Confirmation of Available KEPCO Grid Lines and Spare Capacity
  • Granted a Weighting Factor by Participating in the FIT Transition Project After Replacing Main Equipment