Korean government may raise share of renewable energy in national energy action plan

The South Korean administration under the leadership of President Park Geun-hye will be presenting an outline of its second national energy action plan in August this year.  The national action plan is the highest-level plan that sets out energy policies for the next five years in consideration of the following two decades. The second version will publicize the share of nuclear power generation out of total energy mix for the first time, which has recently emerged as a hot potato issue.

“A working-level group will be created this month to develop the second national energy action plan,” said a senior official at the Ministry of Trade, Industry, and Energy (MOTIE). The outline is drawing keen attention from the power generation industry and environmental groups as it reveals the government’s stance on running nuclear power plants over the mid to long-term.

The government had said in its first action plan it would raise the share of nuclear power to 59 percent of the nation’s total energy mix by 2030. The government had concluded nuclear power is the realistic alternative to support green growth of promoting economy and reducing carbon emissions. To achieve the goal, the government had aimed to build a total of 40 nuclear power plants by 2030. Nuclear power accounted for 29.8 percent of total power generation last year, and thus the government has to construct far more nuclear power plants to fulfill its initial goal.

For full article, see Maeil Business.

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