South Korea

It is expected to exceed demand until 2050.

They also discussed possible nuclear power collaboration.

This will contribute to the country’s 2030 renewable energy targets.

It is slightly behind the 32.4% target.

They will jointly work on the project.

It hopes to achieve this by 2030.

High reliance on LNG and slow renewable transition inflated electricity bills, impacting competitiveness.

Commercial operation by 2023-2024 is to be expected.