South Korean power generation increased in August

South Korean power generation increased to 53.2TWh in August, up 2.3% m-o-m and up 8.6% y-o-y. Coal-fired generation increased to 22.9TWh, up 3.1% m-o-m and up 0.8% y-o-y. Gas-fired generation increased to 12.8TWh, up 1.4% m-o-m and up 21.5% y-o-y.

Nuclear generation fell to 12.8TWh in August, down 2.3% m-o-m but still was 7% higher y-o-y.

Renewable generation increased to 4TWh, up 15.6% m-o-m and up 14.3% y-o-y. This includes hydro generation, which dropped to 0.7TWh, down 13.7% m-o-m and down 27.7% y-o-y. On the other hand, power generation from other renewable sources jumped to 3.3TWh, up 24.6% m-o-m and up 30.5% y-o-y.

South Korea generated 384.2TWh of electricity over the first Jan.-August period, up 4.7% y-o-y. Coal-fired generation fell to 161.2TWh, down 1.3% y-o-y; whereas, gas-fired generation jumped to 106TWh, up 34.7% y-o-y.

Nuclear generation fell to 85.8TWh, down 16.1% y-o-y.

Renewable generation increased to 26.1TWh, up 17.8% y-o-y. This includes hydro generation, which increased to 4.9TWh, up 2.5% y-o-y. Power generation from other renewable sources increased to 21.1TWh, up 22% y-o-y.

 

Source: KEPCO