South Korea is likely to miss its 2030 renewable energy target even though the c...
SEOUL - South Korea is likely to miss its 2030 renewable energy target even though the country’s renewables capacity is expected to triple from 2019, consultants Wood Mackenzie said on Wednesday.
In 2017, the country’s energy ministry released its power plan through 2030 amid growing calls to improve the country’s air quality and fears over atomic power. The plan calls to increase the amount of renewable power in the country’s energy mix to 20 percent by 2030 from 6 percent, reducing its dependence on coal and nuclear.
“South Korea will be achieving 17 percent, instead of hitting the 20 percent target but it is indeed very close,” he said. “South Korea’s renewables target is ambitious.”
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