Korea's nuclear phase-out plan raises net zero dilemma
The Moon administration is facing a major dilemma, as the phase-out plan is emerging as a major stumbling block in its ambitious goal of achieving net-zero in carbon emissions. To meet the target, coal-fired power plants, which accounted for 35.6 percent of total energy generation last year, will be closed down by 2050, with the government explaining that it will increase renewable energy sources to compensate for this. Abolishing both coal and nuclear power will seriously undermine stability in the power supply and result in the eventual failure of the energy transition.
The Moon administration is facing a major dilemma, as the phase-out plan is emerging as a major stumbling block in its ambitious goal of achieving net-zero in carbon emissions. To meet the target, coal-fired power plants, which accounted for 35.6 percent of total energy generation last year, will be closed down by 2050, with the government explaining that it will increase renewable energy sources to compensate for this. Abolishing both coal and nuclear power will seriously undermine stability in the power supply and result in the eventual failure of the energy transition.