South Korea’s nuclear power output exceeds targets, reducing coal usage and energy import costs. In the first half of 2025, nuclear power output grew by 8.7%, three times the official plan. President Lee Jae Myung supports nuclear power, with a 6.1% annual increase since 2022. Nuclear power’s share rose to 31.7% in 2024.
GlobalData forecasts South Korea’s nuclear power generation to reach 222.7 terawatt hours in 2035. The shift to nuclear has lowered energy import costs. However, transmission constraints have arisen due to nuclear growth, affecting renewables and gas-fired plants. Semiconductor manufacturers and data centers drive electricity consumption, but fuel procurement remains stable.
Read more at Yahoo Finance: South Korea’s nuclear power growth exceeds targets