South Korea’s president Moon Jae-in has announced that the country will close more than 30 coal- red power plants by 2034. To replace the power supplied by the plants to be closed, the South Korean government will bring additional solar and wind power resources online in the coming years to meet emissions reduction goals.
The country currently operates about 60 coal- red power plants that provide about 40 percent of the country’s power supply. South Korea will shut down 10 of the plants by 2022 and has been idling some plants throughout 2020 in an effort to reduce air pollution. The country has also ended construction of any coal- red power plants. Jae-in also announced plans to triple the number of operating solar and wind power installations by 2025 versus the number online in 2019. (11/20)