South Korea Looking Hard At Renewable Energy Resources – ValueWalk Premium
South Korea

South Korea Looking Hard At Renewable Energy Resources

A heat wave in South Korea, with temperatures climbing to 115°F, supplemented by the rapid growth in Korea's economy has meant that there has been a rapid increase in the demand for energy in the country. Furthermore, there was a recent shutdown of two nuclear reactors as well as some thermal plant closures. This has widened the gap between demand and supply for power in the country.

South Korea was largely dependent on

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