Policy & Regulation

South Korea’s emissions ambitions

South Korea’s new government is rolling out new energy policies – with big implications for the power sector. These changes could create opportunities for gas-fired power generation South Korea’s new government is rolling out new energy policies – with big implications for the power sector. These changes could create opportunities for gas-fired power generation.
By Catriona Scott 21 July 2017 0 26857
Shin Wolsong nuclear power plant control room (KHNP)

South Korea’s new president Moon Jae-in has pledged to step up efforts to reduce emissions and his new policies will have significant implications for the power sector. The proposed reduction in coal-fired generation and limits for new nuclear capacity mark a change from previous policies. The effects of these changes will be felt strongest in the mid-to-long term, and there are questions about their feasibility. But even if the reductions in nuclear and coal generation fall short of Moon’s plans, there will still be a...