S. Korea spending $42 billion on power plants
Total power consumption is forecast to grow 1.9 percent each year on average until 2024, the Ministry of Knowledge Economy said in a statement.
The world's fifth-largest importer of oil and one of the world's fastest-growing carbon polluters says its dependency on fossil fuels will slow gradually while investment in cleaner energy will rise quickly.
South Korea is expected to generate a third of its electricity from nuclear energy in 2024, compared to 25 percent this year, according to the statement.
"A large gain in the portion of nuclear energy as of power output in 2024 is expected to contribute to a low-carbon, high-efficiency consumption structure," the statement said.
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Its Electric Grid Under Strain, California Turns to Batteries
LOS ANGELES - Last month as a heat wave slammed California, state regulators sent an email to a group of energy executives pleading for help. “Please consider this an urgent inquiry on behalf of the state,” the message said.
The manager of the state’s grid was struggling to increase the supply of electricity because power plants had unexpectedly shut down and demand was surging. The imbalance was forcing officials to order rolling blackouts across the state for the first time in nearly two decades.
What was unusual about the emails was whom they were sent to: people who managed thousands of batteries…
