2022-10-07 10:10:00
S.KOREA NEED COAL
ENERDATA - 6 Oct 2022 - South Korea’s state power utility KEPCO (Korea Electric Power Corporation, 51.1% state-owned) plans to increase coal-fired electricity generation temporarily in 2022 in an effort to cut its costs and boost its financial health.
In 2022, KEPCO plans to produce 12.8 TWh of power by using its coal-fired capacities instead of using LNG, which amounts to nearly 8% of the country's total LNG-fired electricity generation of about 160 TWh. In 2021, the company produced 400 TWh of electricity, with 172 TWh of coal (43%), 158 TWh of nuclear (40%) and nearly 55 TWh of gas (14%).
According to KEPCO, the cost for producing 1 kWh using LNG amounts to KRW170 (US$11c), compared with about KRW96 (US$7c) for coal.
In 2021, KEPCO had more than 90 GW of installed capacity, including 37 GW of coal-fired capacity and 19 GW of gas-fired capacity. Nuclear is also a major energy for KEPCO, with an installed capacity of 24 GW. In May 2022, the company announced it will sell all its coal-fired power plants outside of South Korea (7.5 GW).
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Earlier:
2022, September, 28, 12:15:00
S.KOREAN SMR CO2 NUCLEAR
Supercritical carbon dioxide can get much hotter than steam - up to 700°C. It can potentially be used in a Brayton cycle which has the potential to be much more efficient at turning heat from power plants into energy than the traditional steam-based Rankine cycle used in today's thermal power plants.
2022, September, 1, 14:05:00
S.KOREA NEED LPG
High spot LNG prices are causing end users to look to alternative fuels for their energy needs,
2022, August, 31, 11:05:00
S.KOREAN NUCLEAR WILL UP TO 33%
Under the blueprint for the country’s electricity supply through 2036, South Korea plans to produce 201.7 TWh of electricity thanks to nuclear power by 2030.
2022, July, 6, 10:55:00
S.KOREAN NUCLEAR POLICY
"it is imperative that new energy policy goals and directions are set so as to better accomplish carbon neutral government projects and the expansion of nuclear power."
2022, July, 4, 12:30:00
S.KOREAN NUCLEAR FOR CZECH
"A nuclear power generation project requires more than a decade for construction and involves operations for more than 60 years. South Korea is a reliable partner in terms of economic feasibility, safety, and ensuring the construction period," Lee said.
2022, June, 28, 11:40:00
S.KOREAN NUCLEAR SUPPORT
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government will allocate KRW92.5 billion ($70 million) from the energy budget for the restoration of nuclear power generation capacity.
