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Carbon Neutrality Analysis by Linking Top-down CGE and Power Sector Modelsfor Korea

  • Journal of Environmental Impact Assessment
  • Abbr : J EIA
  • 2026, 35(1), pp.1~14
  • Publisher : Korean Society Of Environmental Impact Assessment
  • Research Area : Engineering > Environmental Engineering
  • Received : October 14, 2025
  • Accepted : December 1, 2025
  • Published : February 28, 2026

Haein Kim 1 Yong-Gun Kim ORD ID 1 YooJin Kim 1

1연세대학교

Accredited

ABSTRACT

This study develops an integrated assessment framework that links a bottom-up power systemcapacityexpansionmodel(UNICON-K-Power)witha top-downComputableGeneralEquilibrium model(UNICON-K-CGE)to analyze the economic impacts of Korea’s 2050 carbon neutrality pathways. The linkage enables detailed representation of technological and operational constraints in the power sector while capturing macroeconomic feedback across industries, households, and the government. A new linking algorithm is introduced to enhance convergence stability and computational efficiency compared to conventional hybrid modeling approaches. Scenario analysis shows that greater availability oflow-carbon technologies accelerates renewable-based electrification,thereby mitigating the economic cost of achieving carbon neutrality. The results highlightthe pivotalrole ofthe power sectorin providing affordable, clean electricity and underscore the importance of accelerating deep emission reduction technology development and market deployment to reduce the overall economic burden of decarbonization.

Citation status

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