South Korea under pressure from the IEA to liberalise its electricity market
In its latest review, the International Energy Agency warns of structural blockages in South Korea’s electricity market, calling for urgent reforms to close the gap on renewables and reduce dependence on imported fossil fuels.
| Sector | Énergie Nucléaire, Charbon, Fission |
|---|---|
| Theme | Régulation & Gouvernance, Politique publique |
The International Energy Agency (IEA) has published its Energy Policy Review Korea 2025, stating that South Korea’s climate goals remain achievable, but only if renewable energy investments double immediately and the electricity market undergoes structural reform. The country, whose energy mix remains one of the most carbon-intensive in the OECD, generated only 1.2% of its electricity from renewable sources in 2022, the lowest share among all IEA members.
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