Coal consumption in South Korea is going to come down.
The South Korean government has decided to shut-down temporarily 10 coal-fired power plants, which are over 30 years old, in June this year to mitigate air pollution. The decision has come after the deteriorating air quality in the country was attributed to the pollution unleashed by the coal-fired power plants. The shut-down will last for a month, as an experimental measure.
The temporary shut-down of old coal-fired power plants will also be repeated in 2018; during the year, old coal-fired power plants will be shut-down in Mar’17 through Jun’17. Notably, the Presidential Office, also called the Blue House, wants to close all coal-fired power plants within the tenure of the presiding president that ends in May 2022.
Moreover, the President of the country has advocated the use of renewable sources of energy to curb air pollution.
South Korea has 59 coal-fired power plants, and the 10 old-power plants account for 10.6% or 3.3 GW of the total installed coal based power capacity. Besides, coal accounts for 40% of the total power generation capacity in South Korea.
Source: CoalMint Research
Leave a Reply