News Release
Middle East conflict accelerates nuclear expansion in Japan and South Korea
Middle East conflict is reinforcing energy security as a central pillar of power planning in Japan and South Korea, with coal generation providing a significant near-term buffer. During the current shoulder season, coal fleets could offset up to 70% of gas-fired generation in Japan and more than 100% in South Korea of the same season last year, according to new analysis from Wood Mackenzie.
While both markets remain relatively insulated from immediate fuel supply disruption, the crisis is accelerating structural shifts toward nuclear expansion, slower coal retirements and the localisation of clean energy supply chains.
