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Jan 20
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South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets.
Nuclear plants are now expected to account for almost one-third of generation capacity by 2030, according to government documents. Renewable sources are seen generating about 21.6% by the same date.
President Yoon Suk Yeol, who took office last year, has focused on nuclear power as a key tool to curb emissions rather than solar, wind or hydro. Yoon touted atomic energy throughout his presidential campaign and has called for the building of more reactors — a clear reversal of former President Moon Jae-in’s anti-nuclear policies.
Read more at the link in our bio or visit: bloomberg.com/green
📷: SeongJoon Cho/Bloomberg
bloomberggreen
Jan 20
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