South Korea

Wind Energy in South Korea – Opportunities and Challenges

The wind energy sector can become the difference that gives South Korea's renewable energy progress that much-needed boost. The country's vast potential for offshore wind is already starting to attract some of the leading developers in the industry. Judging by the first signs, South Korea's future promises to be "windy."

South Korea’s Renewable Energy Transition and Its Barriers

An analysis of the main obstacles that slow down the renewable energy transition in South Korea and the country's efforts to achieve net-zero by 2050.

South Korea Needs Leadership and Unity to Tackle Climate Change

South Korean president-elect Yoon Suk-yeol's climate change and clean energy policies leave much to be desired despite net-zero pledges.

South Korean Green Taxonomy Declared “Gas is Green”

The government's decision to include gas in the Korean green taxonomy risks jeopardising the country's net-zero plans. Investors and environmental groups were quick to raise concerns, stating that, as a fossil fuel, gas carries high financial and climate risks. The question is will the Korean government listen?

South Korea’s Industrial Giants Respond to Government’s Net-Zero Goals

South Korea aims to achieve net-zero by 2050. The key to succeeding lies in enabling its world-leading industry to decarbonise at scale. While some companies are already making progress on that front, others hesitate. But the time for this is long gone.

The Risks of the Continued Reliance on Oil and Gas in South Korea

South Korea's green commitments are a breadth of fresh air for a world, strangled in carbon emissions. But the country still isn't ready to abandon oil and gas.

Green Transportation in South Korea – a Key Enabler for the Net-Zero Revolution

South Korea is facing an uphill battle to make notable progress towards clean energy in line with the Paris Agreement commitments. Green transportation appears to be one of the most powerful tools in the government's arsenal. The opportunities in the industry are huge, while the challenges are solvable.

Innovation as the Driving Force Behind the Transition to Renewable Energy in South Korea

Compared to other countries, the pace of South Korea's renewable energy transition leaves a lot to be desired. However, the latest Green New Deal shows the officials' determination to change the country's course, but will it be enough?

South Korea Prepares for Net-Zero by 2050. But Is It Enough?

While others run, South Korea seems to stroll towards its net-zero by 2050 goal. However, with the latest green deals, the local government shows ambition to change the country's trajectory and notably speed up its renewable energy transition.

Clean Energy in Asian Cities: Who is Leading the Way?

Asia is home to many of the world’s mega-cities and several are already harnessing substantial...

Why Asian Financiers Are Still Financing Coal

Global banks have funneled trillions of dollars in coal financing since the Paris Climate Agreement...

2020 was a Dismal Year for Coal Power

Long seen as a critical emerging market for coal power, South and Southeast Asian countries...

Malaysia’s CIMB Announces Coal Financing Phase-out by 2040

CIMB becomes the first emerging markets bank to announce a progressive coal exit policy. Malaysia’s...

South Korea to Decide on Approval for Vietnam Coal Power Plant – a Project Dropped by other Global Banks – in Early October

KEPCO – South Korea’s national utility – is slated to make a decision on the...

Most Popular

Renewable Energy in the Philippines – Current State and Future Roadmap
Natural Gas in Bangladesh – Record High Prices and Imminent Climate Impacts
The Global LNG Market and Long-Term Contracts – A Barrier to Net-Zero 2050

Categories

Tags

Energy Tracker Asia Newsletter

Become a subscriber of our newsletter and get the latest news on investments in coal, gas, and renewable energy in the region.
  • By clicking Sign Up, you consent to receive emails from Energy Tracker Asia. We won’t distribute your email address to any third party at any time. If you are under 16 years of age, please get consent from your parents or guardian first. You can unsubscribe any time. View our Privacy Policy.

  • This field is for validation purposes and should be left unchanged.