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Policy & Regulation

Japan and South Korea – prospects for coal and gas

The power sectors in Japan and South Korea are currently set on contrasting paths when it comes to nuclear and coal. How the generation mix in both countries develops has implications for gas demand and LNG imports The power sectors in Japan and South Korea are currently set on contrasting paths when it comes to nuclear and coal. How the generation mix in both countries develops has implications for gas demand and LNG imports.
By Catriona Scott 11 July 2017 Asia Pacific / Supply & Demand 0 26721
Japan and South Korea have contrasting plans for nuclear and coal in the generation mix going forward. (BHP)

What happens in the power sectors of Japan and South Korea – the world’s two leading LNG importers – will affect not only gas demand in both countries but also international LNG trade.

There are similarities and stark contrasts in the generation strategies of the Japanese and South Korean governments. Both countries are committed to reducing emissions and boosting renewables, and both want to increase energy efficiency. However, the two countries have very different views on the role that nuclear and coal should play in the...