S. Korea to shift toward renewable energy, natural gas

The South Korean government has come up with a new blueprint for future energy policies The main idea is to gradually phase out traditional energy sources such as nuclear or coal, and slowly turn to renewable ones

Lee Jeong-yeon tells us more Korea's energy ministry announced on Thursday its new energy roadmap for the next 12 years, in line with the worldwide trend of turning to renewable energy The Ministry of Trade, Industry and Energy announced its eighth basic plan for long-term electricity supply and demand, which will run from this year until 2031 It stated in a press release that the ministry is shifting focus from prioritizing stable power supply and economic efficiency to focusing on environmental and safety issues The nation will reduce its heavy reliance on nuclear and coal power plants and increase its proportion of plants that use renewable energy and liquefied natural gas

The goal by 2030 is to raise the ratio of renewable energy to 20-percent by increasing the use of solar and wind power plants Currently, there are 24 active nuclear power plants producing 30-percent of the nation's electricity, but according to the nuclear phase-out plan, this number will be reduced to 18 According to the plan, greenhouse gas emissions will be reduced by 26-percent from the current average, and fine dust levels will also be cut by 62-percent This new energy policy reflects safety concerns following the Fukushima incident in Japan in 2011 and the two major earthquakes over the last two years in the southeast of Korea The ministry will finalize its plans at a public hearing on December 26th

Lee Jeong-yeon, Arirang News

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