2 May 2024
Coal out as Jae-In takes office in South Korea
Publication date: 17 May 2017
Gas Strategies Group
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ISSN: 0964-8496
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South Korea’s new President Moon Jae-In has ordered a temporary shut down of 3.3 GW of coal-fired capacity in a bid to tackle air pollution, raising questions over potential impact on LNG demand.
The ten coal stations, which account for around 11% of South Korea’s total coal-fired power, will be shut down for one month in June 2017 and again during the low demand season March to June 2018.