South Korean power generation increased to 454.2TWh Jan-Oct, up 5.3% y-o-y

South Korean power generation totalled 42.4TWh in October, down 4% m-o-m but still was 4.7% higher y-o-y. Coal-fired generation totalled 19.9TWh, down 6.4% m-o-m but still was 9.4% higher y-o-y. Gas-fired generation reached 7.8TWh, up 1.6% m-o-m but still was 10.2% lower y-o-y.

Nuclear power generation totalled 12.1TWh, down 1.8% m-o-m but was 3.9% higher y-o-y.

Renewable generation totalled 2.6TWh, down 10.8% m-o-m but still was 36% higher y-o-y. This includes hydropower generation, which totalled 0.6TWh, down 15.7% m-o-m but still was 19.7% higher y-o-y. Power generation from other renewable sources totalled 2TWh, down 9.4% m-o-m but still was 41.4% higher y-o-y.

South Korean power generation increased to 454.2TWh over the first 10 months of the year, up 5.3% y-o-y. Generation from thermal sources such as coal and gas increased to 207.4TWh and 93.7TWh respectively, up 8.3% and up  15.9% y-o-y. Nuclear power generation declined to 126.7TWh, down 8.8% y-o-y. However, renewable generation increased to 26.5TWh, up 34.1% y-o-y. This includes hydropower output, which increased to 6TWh, up 8.5% y-o-y. Power generation from other renewable sources increased to 20.4TWh, up 44.2% y-o-y.

Source: KESIS