Seoul Unveils Transition Paths

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

South Korea has unveiled three options to help reduce its greenhouse emissions by 2050, but only one would lead to carbon neutrality in that time frame. Under the first, South Korea would focus on maximizing the use of existing infrastructure and continue using fossil fuels. Emissions would be removed by CCS and also offset with carbon credits. This would still leave 24.5 million tons of greenhouse gas emissions in 2050, down 96.5% from 2018. The second road map would halt the operation of coal-fired power plants but maintain LNG-fired power plants for emergency use. This would lead to a 97.3% reduction in net emissions by 2050. The third plan seeks to eliminate GHG emissions completely by ending use of coal and LNG while boosting renewables and green hydrogen (NE Jun.10'21).

Nuclear, Low-Carbon Policy
Wanda Ad #2 (article footer)
Many consider carbon capture and storage an almost magical tool to allow the oil industry continue growing, but the reality is different.
Wed, May 31, 2023
Grossi steps up IAEA role at Zaporizhzhia; Japan extends reactor operating limit; Constellation acquires minority stake in South Texas Project for $1.75 billion.
Fri, Jun 2, 2023