Gov't discusses ways to minimize impact of coal plant shutdowns

SEJONG, Dec. 10 (Yonhap) -- South Korea's industry ministry held a meeting Tuesday with the nation's five power generation firms to explore ways to use the infrastructure of coal plants slated for shutdown in line with the country's green energy policy.

The meeting came amid growing concerns that the closure of coal plants could adversely impact the regional economy and employment, according to the Ministry of Trade, Industry and Energy.

In 2023, South Korea announced its energy blueprint, which includes the goal of shutting down 28 out of the country's 58 coal power plants by 2036 under its policy of transitioning to more renewable and green energy sources.

"While coal plants have played a pivotal role in industrial development and revitalizing regional economies, they now face a turning point as the era's new agenda shifts toward carbon neutrality," Second Vice Industry Minister Choe Nam-ho said.

Choe added that the government will continue efforts to minimize the negative impact of such shutdowns on the economy by utilizing the remaining infrastructure and land.

colin@yna.co.kr
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