Korea Eyes Nuclear, Renewables as Power Demand Rises
- Nation should add further 4.9 gigawatts of nuclear: proposal
- Data centers, chipmaking seen lifting electricity consumption
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South Korea should target major additions of renewables and nuclear power by late next decade to curb emissions and meet surging demand from data centers to semiconductor manufacturing, according to a government proposal.
The world’s eighth-largest emitter can aim to lift the share of renewables in its power mix to almost a third by 2038 from about 9% in 2022, and make nuclear the country’s largest source of electricity generation, a document published Friday showed. Coal and natural gas would decline sharply under the plans.