South Korea Bets Big On Nuclear Energy At The Expense Of Renewables

South Korea will rely more on nuclear power generation in its efforts to reach net zero by 2050, according to its latest plan, which envisages a lower share of renewable power generation in the electricity mix.   South Korea will aim to have nuclear energy account for nearly one-third of its electricity generation capacity by 2030, while renewables are set to meet 21.6% of power demand, down from a previous forecast of just over 30%, per government documents released on Thursday and quoted by Bloomberg. In earlier plans, South Korea was targeting…