• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

South Korea Joins 'Powering Past Coal Alliance,' Pledges Halt to New Coal Plants

Global Economic Times Reporter / Updated : 2025-11-18 18:55:11
  • -
  • +
  • Print


 (C) France24


South Korea has officially joined the Powering Past Coal Alliance (PPCA), an international coalition urging a swift global transition away from coal-fired power. The move, announced on November 17 (local time) at the 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) in Belém, Brazil, signals an expected acceleration in the nation's phase-out of coal-fired power generation.

The Lee Jae-myung government has been pushing the closure of coal power plants by 2040 as a key state agenda. By officially joining the PPCA, South Korea aligns itself with the Alliance's core goal: for developed nations (OECD members and the European Union) to phase out coal power by 2030, and for the rest of the world to do so by 2040.

Upon joining, the Climate, Energy, and Environment Ministry declared that South Korea "will not construct any new coal-fired power plants that lack greenhouse gas reduction facilities."

A Shift in National Energy Policy 

The PPCA was established in 2017 and currently includes over 60 countries, including the United States and the United Kingdom. South Korea is only the second nation in Asia to join the Alliance, following Singapore.

The South Korean government has outlined an ambitious plan for decommissioning its existing coal infrastructure. The nation currently operates 61 coal-fired power units. Under the 11th Basic Plan for Long-term Electricity Supply and Demand, the government plans to shut down 40 of these units by 2038. Furthermore, specific closure plans for the remaining 21 units are expected to be announced next year following public deliberation and consultation.

This commitment represents a significant step in South Korea’s efforts to meet its national and international climate targets, notably reducing greenhouse gas emissions and achieving carbon neutrality. The nation, which has historically relied heavily on coal for its stable and affordable electricity supply, is now pivoting to cleaner energy sources.

Concerns Over Energy Security and Industrial Competitiveness 

However, the rapid push for coal phase-out is not without its critics, who raise concerns about energy stability, particularly in the face of growing industrial demands.

Yoo Seung-Hoon, a professor of Future Energy Convergence at the Seoul National University of Science and Technology, voiced a cautionary perspective. He argued that reliable power sources like coal and nuclear energy remain crucial for stable electricity supply, especially for running high-demand facilities such as AI data centers.

"With countries like China and Germany continuing to expand coal power generation, it is necessary for [South Korea] to pursue practical benefits rather than being the first to declare a coal phase-out," Professor Yoo stated. This sentiment reflects a deep-seated concern among some experts about balancing stringent climate goals with the need to maintain industrial competitiveness and prevent potential energy shortages in a technology-dependent economy.

The government is expected to face mounting pressure to accelerate the deployment of large-scale renewable energy projects and potentially re-evaluate the role of nuclear power to fill the significant capacity gap left by the decommissioned coal plants. The political commitment to the PPCA now firmly positions South Korea on a global trajectory towards decarbonization, making the execution of its energy transition plan a critical test for the government's climate leadership.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
Global Economic Times Reporter
Global Economic Times Reporter
Reporter Page

Popular articles

  • From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026

  • A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP

  • About mexican food 

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065606793720092 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Appellate Court Begins Review of Kakao Founder’s Acquittal in SM Entertainment Stock Rigging Case
  • AI Supercycle Propels Global Semiconductor Market Toward $1 Trillion Milestone
  • Naver Suspends Election Comments to Combat Cyberbullying and Misinformation Ahead of June Polls
  • Lotte Town Myeongdong Lights Up with 'Welcome Light' to Greet Global K-Pop Fans
  • K-Beauty SMEs Join Forces with Distributors: A New Paradigm for Global Expansion through Strategic Consortiums
  • BMW ‘The New i3’ Next-Gen EV: 900km Range 

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Netflix Declares BTS Comeback Live “ARIRANG” as the Year’s Biggest Global Event

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Intel Announces 10% Price Hike on CPUs: PC Manufacturers Bracing for Massive Production Cost Spikes

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers