The South Korean government plans to grow the renewable energy sector in the country. The country plans to use 20 percent renewable energy by 2030. The new plan will include a goal of 35 percent renewable energy by 2040. In the past, coal and nuclear power have been the pillars of South Korea's development. The country has long been one of the largest users of nuclear energy, but the liberal government, led by President Moon Jae In, decided to phase it out by 2057, fearing for its safety.[1]
South Korea's total renewable energy production accounts for only 80% of Samsung Electronics' electricity consumption in a year, as of 2020.[2]
Share of electricity generation by fuel type in South Korea (2016, in percent)[3]
- ^ "Korea's Ambitious Plan to Grow Renewables". Statista. June 20, 2019.
- ^ "S. Korea produces 20% less renewable energy than Samsung Electronics uses in a year, study finds". Hankyoreh. April 13, 2022.
- ^ "Korea's Ambitious Plan to Grow Renewables". Statista. June 20, 2019.
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