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South Korea is strengthening its commitment to clean energy and clean technologies, especially in renewable energy, with plans to increase the share of renewable energy in the electricity mix from 6.
5% to about
21% by 2030.
South Korea, the world's 10th largest economy, aims to add 77.
8 GW
of new power capacity from 2034.
Among them, the previously planned target of 29.
9 GW of solar and wind installed capacity by 2025 has also been raised to 42.
7 GW
.
In 2019, the share of renewable energy in South Korea's electricity mix was 6.
5%, and the new target is to increase it to 20.
8%
by 2030.
However, coal and natural gas will still provide 29.
9% and 25% of electricity
.
By 2034, the share of renewable electricity will increase to 41.
9%, LNG to 31.
8%, coal to 15.
6%, and nuclear power to 10.
4%.
The move means that South Korea will close about 30 coal-fired power plants by 2034, when the installed capacity of coal power will fall from 35.
8 GW to 29 GW
.
Nuclear power will also fall from 23.
3 GW to 19.
4 GW
.
However, the No.
3 and No.
4 nuclear reactors at the Shin Hanul nuclear power plant, which are currently on hold due to the phase-out of coal power, are not included in
the plan.
More detailed plans will be revealed
at a public hearing on December 24.
South Korea is strengthening its commitment to clean energy and clean technologies, especially in renewable energy, with plans to increase the share of renewable energy in the electricity mix from 6.
5% to about
21% by 2030.
South Korea, the world's 10th largest economy, aims to add 77.
8 GW
of new power capacity from 2034.
Among them, the previously planned target of 29.
9 GW of solar and wind installed capacity by 2025 has also been raised to 42.
7 GW
.
In 2019, the share of renewable energy in South Korea's electricity mix was 6.
5%, and the new target is to increase it to 20.
8%
by 2030.
However, coal and natural gas will still provide 29.
9% and 25% of electricity
.
By 2034, the share of renewable electricity will increase to 41.
9%, LNG to 31.
8%, coal to 15.
6%, and nuclear power to 10.
4%.
The move means that South Korea will close about 30 coal-fired power plants by 2034, when the installed capacity of coal power will fall from 35.
8 GW to 29 GW
.
Nuclear power will also fall from 23.
3 GW to 19.
4 GW
.
However, the No.
3 and No.
4 nuclear reactors at the Shin Hanul nuclear power plant, which are currently on hold due to the phase-out of coal power, are not included in
the plan.
More detailed plans will be revealed
at a public hearing on December 24.