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Climate Politics

Sky-High Gas Prices Prompt Korean Utilities to Burn More Coal

  • Companies haven’t been curbing coal despite voluntary limits
  • Firms seek cheaper alternative to gas as power demand surges
Convey belts for soft coals in Dangjin, South Korea.

Convey belts for soft coals in Dangjin, South Korea.

Photographer: Seokyong Lee/Bloomberg 

South Korean utilities straining under the pressure of pricey gas are turning to cheaper coal to meet surging electricity demand during a power crunch.

Companies haven’t been curbing coal power generation since July, ignoring voluntary limits put in place by the government last year, according to people familiar with the matter, who asked not to be identified because the information isn’t public.