Renewables Surge in South Korea as New Government Charts Electrified Future - CleanTechnica

South Korea’s new government has initiated a significant policy shift toward an electrified, decarbonized energy future, emphasizing a pragmatic and economically strategic expansion of renewable energy. The plan maintains nuclear power at current levels to provide stable baseload electricity while accelerating the phase-out of coal. This approach addresses South Korea’s historical vulnerability due to its heavy reliance on imported fossil fuels—over 90% of its energy needs—which exposed the country to geopolitical risks and price volatility. The government’s vision centers on leveraging domestic renewable resources, particularly offshore wind and solar photovoltaic (PV) power, to reduce dependence on imports and environmental impacts. The envisioned energy system aims to deliver approximately 924 terawatt-hours (TWh) annually—matching current energy service levels but with far greater efficiency and lower emissions. Offshore wind is poised to be the cornerstone of this transformation, capitalizing on South Korea’s favorable maritime geography, especially in the Yellow Sea and near Jeju Island, where strong, stable winds can generate hundreds of TWh per year. This shift also aligns with industrial policy by enabling major shipbuilding companies like Hyundai Heavy Industries and Doosan to transition into offshore wind turbine manufacturing, promising significant economic benefits. Solar PV complements offshore wind by focusing on rooftop installations and floating solar farms, addressing land constraints while expanding renewable capacity. Overall, South Korea’s energy transition reflects a balanced, economically grounded strategy that integrates renewables and nuclear power to enhance energy security, reduce emissions, and foster industrial innovation. While nuclear remains a key baseload source, the emphasis on offshore wind and solar PV marks a decisive move away from fossil fuels, aiming for a more resilient, efficient, and sustainable energy system.