Coal is now more expensive than renewable energy – and while this is good news for the climate, it’s bad news for developing countries who have invested in coal. Renato Redentor Constantino looks at how Japan and Korea are divesting, and the IMF’s opinion on stranded assets.
All posts tagged: South Korea
Grassroots solar energy in South Korea
Korea’s citizens have been organizing their own energy cooperatives, and the new feed-in tariffs could encourage even more investment. Yi hyun Kang talks to stakeholders about their role in the energy transition.
South Korea’s move towards renewables
The Moon Jae-in administration’s nuclear phase-out policy has begun to take shape. The Korean Energy Information Agency explains how citizen concerns are addressed.
Open the window for fresh air? Not in Korea
South Koreans are more concerned with air pollution than with North Korea’s nuclear weapons – and with good reason. On some days in Seoul, the air is too full of fine particles to go outside. While some blame China, about half of Korean pollution is from diesel cars and coal plants. Yi hyun Kang looks at what can be done.
Will 2018 be the year of new nuclear design success?
The new third generation (EPR) nuclear reactor is being built in France and Finland and is also proposed in the UK. A similar design went into operation in South Korea in December 2016 – but it remains the only one running commercially worldwide. That could change soon, however, as Craig Morris explains.
Will South Korea’s energy transition include nuclear?
President Moon wants South Korea to begin scaling down nuclear energy, but a citizen committee supports maintaining the share of nuclear energy in the energy mix. Nevertheless, grassroots renewable energy movements are growing. Yi hyun Kang looks at the latest from the Korean energy sector.
Southeast Asia: hotspot for renewables or dumping ground for coal?
In the Association of Southeast Asian Nations (ASEAN), renewables contributed 8% to final energy consumption in 2014. Since then, the share renewable energy has only slightly increased whereas fossil fuel-powered generation is the main source for new power plants. Lars Blume and Nguyen Thi Hang illustrate why momentum in Southeast Asia is changing.
Japan, Taiwan and Korea accelerate demise of thermal coal market
Word is out that Taiwan has attracted $60 billion in foreign capital commitments to renewable-energy projects, adding to the fast-gathering momentum around the electricity sector transition taking deep root across Asia. Tim Buckley takes a look at the impact on coal.
No nuclear energy option for South Africa – for now at least
South African activists have been fighting hard for renewables – and against a corrupt nuclear deal. And in April, their efforts paid off when the state utility’s plan for nuclear power was declared unconstitutional. Harmut Winkler sums up the consequences.
China’s citizens overwhelmingly want renewable energy
For several years now, China has been proving its critics wrong–coal use is peaking, and it has been agile in pursuing climate goals. The energy transition there is especially popular among residents of Chinese cities, Cynthia Shahan reports.