Korea Curbs Plans for Renewables in Push For More Nuclear
- Nuclear to account for almost one-third of generation by 2030
- President Yoon has backed proposals to build more reactors
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South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets.
Nuclear plants are now expected to account for almost one-third of generation capacity by 2030 up from about 24% forecast in earlier draft proposals, according to government documents published Thursday. Renewable sources are seen generating about 21.6% by the same date, lower than a previous estimate of 30.2%.