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Politics and Power: electricity reform a key issue in South Korea's presidential election

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Report summary

Key takeaways Regardless of results, South Korea's election on 9 May will see a new government focused on reforming the electricity sector. Presidential favourite Moon Jae-in's reform agenda includes more support for renewables, closing of coal plants, shutting nuclear facilities, and even importing Russian piped gas through North Korea. LNG could be a big winner as an interim measure to reduce pollution and address nuclear safety concerns.

What's included

This report contains

  • Document

    Politics and power - electricity reforms in South Korea.pdf

    PDF 299.21 KB

Table of contents

Tables and charts

This report includes 9 images and tables including:

Tables

  • South Korea GDP and electricity consumption growth (historical)

Images

  • South Korea electricity consumption growth (Wood Mackenzie vs Government forecast)
  • South Korea's installed power capacity
  • South Korea reserve margin
  • Politics and Power: electricity reform a key issue in South Korea's presidential election: Image 2
  • South Korea's LNG imports
  • South Korea's coal imports
  • Forecast of gas-fired power plants load factors
  • South Korea LNG into power forecast

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