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In charts: South Korea’s new energy strategy which has nuclear at its core
South Korea hopes to achieve carbon neutrality by 2050 by expanding its renewable energy sources, namely nuclear power. In this article, our senior economist in Seoul looks at South Korea's journey to net-zero, and how this has been impacted by the war in Ukraine. Korea's electricity supply and demand: South Korea wants to pursue reliable and cheaper energy sources. In the following charts, we look at the reliability of South Korea's current energy supply. Industry (manufacturing) consumes more than half of electricity/energy: Industry depends on more reliable and cheaper energy sources. charts This is to do with ... (full story)