In order to mitigate air pollution problems caused mainly by the excessive emission of carbon dioxide, in 2012, the South Korean government decided to introduce a renewable portfolio standards (RPS) program that requires electricity providers to gradually increase their production of renewable energy. In order to meet the government’s target through this RPS program, electricity providers in Korea have looked to various types of new and renewable energy resources, such as biomass, wind, and solar. Recently, floating photovoltaic (PV) systems have attracted increased interest in Korea as a desirable renewable energy alternative. This paper provides a discussion of recent research into floating PV systems and the installation of floating PV power plants in Korea from 2009 to 2014. To date, thirteen floating PV power plants have been installed in Korea, and several plans are underway by many different organizations, including government-funded companies, to install more floating PV power plants with various generation capacities. These building trends are expected to continue due to the Korean government’s RPS program.
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