South Korea Turns to Coal, Nuclear Power to Curb Winter LNG Use

South Korea plans to curb liquefied natural gas (LNG) use this winter by leaning more on coal and nuclear power, a seasonal shift as heating demand peaks and Qatari supply is disrupted. Climate, Energy and Environment Minister Kim Sungwhan described the policy in an interview Thursday, Oct. 15. “In the short term, we are in a situation where we must somehow reduce LNG demand,” Kim said. Winter gas demand can affect electricity prices and strain KEPCO, which pays market rates for fuel while selling power at regulated tariffs. Missile damage at QatarEnergy’s Ras Laffan facilities affected South Korea’s LNG supply.

Source: TokenPost