South Korea to shut down 10 old coal-fired power plants by 2025
These plants are over 30 years old.
The Ministry of Trade, Industry and Energy has announced the South Korean government will shut down 10 aging coal-fired power plants by 2025 as part of its commitment to lessen greenhouse gas emissions
All of the plants in question were constructed more than 30 years ago, and include two facilities in Yeosu.
In addition to closures, the government will impose tougher emission standards on fossil-fueled power plants under construction. The 11 plants that are now 90% completed will have to cut emissions by as much as 40%, two to three times more than the current standard. Meanwhile, nine plants that have just begun construction will be subject to the strictest emission regulations yet.
In principle, the government has announced it will cease licensing new coal-fueled power stations. According to the plan, any resulting shortage of power would then be supplied by low-carbon and clean energy sources.