
The country has unveiled an ambitious plan to transform its energy sectors, aiming to generate 70 per cent of its electricity from carbon-free sources by 2038.. The country has unveiled an ambitious plan to transform its energy sectors, aiming to generate 70 per cent of its electricity from carbon-free sources by 2038.. South Korea plans to generate 70% of its electric power from carbon-free energy sources such as renewables and nuclear power by 2038, up from less than 40% in 2023, a draft blueprint of its energy . [pdf]
South Korea plans to generate 70% of its electric power from carbon-free energy sources such as renewables and nuclear power by 2038, up from less than 40% in 2023, a draft blueprint of its energy mix for the next 15 years showed on Friday.
The country has unveiled an ambitious plan to transform its energy sectors, aiming to generate 70 per cent of its electricity from carbon-free sources by 2038. South Korea aims to have 30 nuclear plants by 2038 and to more than triple its solar and wind power output to 72 GW by 2030.
For South Korea, Park et al. (2013) reviewed the possibility of replacing nuclear power with renewable sources in three scenarios. The scope of the study covered 11 sectors of manufacturing industry and non-energy use sectors; it analyzed the impact of GDP growth and the growth rate of electricity demand on energy, environment, and the economy.
KEPCO, through its six generating subsidiaries, owns around 70 per cent of the generation capacity, while the remaining capacity is accounted for by independent power producers and community energy systems. Figure 1: South Korea’s installed generation capacity, as of early 2024 (%) Total installed capacity = 144.4 GW
South Korea’s investment in the energy transition came in at $25 billion last year. A clear and consistent policy framework is necessary to boost investor confidence and match the spending needs of a net-zero future.
Should the country’s energy transition proceed along an economics-driven trajectory – what BNEF calls its Economic Transition Scenario – there would only be an 18% decline over this period. “South Korea still has a chance to meet its 2030 emissions reduction target,” said David Kang, BNEF’s Head of Japan and Korea Research.

In 2018, with an "average operating generation capacity of 2,279 MW", the country had an electricity consumption of 415 kWh per person, per year, about 50 kWh higher than the then prevailing average for Sub-Saharan Africa. It is estimated that 85 percent of electricity consumption in Mozambique is consumed by industry. As of March 2021, the electrification rate for Mozambique's estimated 32 million citizens was 3. [pdf]
Mozambique has abundant energy sources available for exploitation. As of 2021, the country was ranked first in energy potential of all the countries in the Southern African Power Pool (SAPP), with an estimated energy capacity of 187,000 MW. Available energy sources include coal, hydroelectricity, natural gas, solar energy and wind power.
In Mozambique, Motraco (Companhia de Transmissão de Moçambique / Mozambique Transmission Company), operates energy transmission for 2 main clients: Mozal, an aluminium smelter located in Beluluane Industrial Park (Maputo) and EDM (Electricidade de Moçambique / Electricity of Mozambique).
In this new age of industrialisation, Mozambique’s energy potential places the country at the forefront of global energy investments. As it continues to develop its infrastructure and expertise in energy production, Mozambique is set to play a pivotal role in meeting future energy demands.
As it continues to develop its infrastructure and expertise in energy production, Mozambique is set to play a pivotal role in meeting future energy demands. With significant projects in the pipeline, the country’s readiness and commitment to energy development make it a key player in the global energy transition.
Mozambique is a net exporter of energy to countries in the Southern African Power Pool (SAPP) – South Africa being the largest importer. The government view energy exports as a key driver of the Mozambican economy, having passed a new electricity law that simplifies permitting and encourages IPPs activities.
The Mozambique Gas & Energy Summit & Exhibition’s mission is to provide a thought leadership platform promoting key investments and business opportunities within Mozambique’s energy sector. The country is leading energy exports in the region and the Summit will attract all key stakeholders from across the local and international energy value chain.

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