South Korea Will Close Half Its Coal-Fired Fleet
The post South Korea Will Close Half Its Coal-Fired Fleet appeared first on POWER Magazine.
South Korea’s president said the country will shutter 30 more coal-fired power plants by 2034, and bring additional solar and wind power resources online in the next five years in order to meet emissions reductions targets.
President Moon Jae-in made the announcement Sept. 8 in a speech he delivered virtually for the United Nations’ International Day for Clean Air for blue skies event. The president said his administration will close 10 of those operating coal-fired plants by the end of 2022. He also has called for the country to phase out nuclear power.
South Korea has about 60 operating coal plants, which generate about 40% of the country’s electricity. The country over the past three years has implemented temporary shutdowns of plants that are more than 30 years old, including idling about half the coal-fired fleet earlier this year in an effort to reduce air pollution.…