South Korea's incoming leader, Moon Jae-in has set out an energy policy which emphasises the need for renewable energy. And it could have ramifications even if you've never set foot on Korean soil. South Korea depends upon coal and nuclear reactors for 70% of its power, but the new government aims to look to natural gas and renewable sources such as hydro and solar energy. Moon is to cut output from older coal plants and review plans for new nuclear and coal plants. The US Energy Information Administration (EIA) said on Friday that global oil demand was expected to grow by about 1 million barrels a day (bpd)
South Korea's incoming leader, Moon Jae-in has set out an energy policy which emphasises the need for renewable energy. South Korea depends upon coal and nuclear reactors for 70% of its power, but the new government aims to look to natural gas and renewable sources such as hydro and solar energy. Moon is to cut output from older coal plants and review plans for new nuclear and coal plants. The US Energy Information Administration (EIA) said on Friday that global oil demand was expected to grow by about 1 million barrels a day (bpd)