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South Korea's semiconductor cluster adds about 21 GW of new power demand; government to study whether to build new nuclear units

South Korea's semiconductor cluster adds about 21 GW of new power demand; government to study whether to build new nuclear units

South Korea's Minister of Climate, Energy and Environment, Kim Sung-hwan, said on the 10th that the new electricity demand from the Yongin—Hoseon semiconductor industry cluster is approximately 21 GW, equivalent to the power supply capacity of about 15 nuclear units based on an estimate of 1.4 GW per unit. The Ministry of Climate, Energy and Environment plans to seek expert and public opinions before announcing the 12th Basic Plan for Electricity Supply and Demand in October, and will decide accordingly whether to push for the construction of new nuclear units. Kim Sung-hwan stated that the electricity demand of the semiconductor industry has increased significantly compared to the past. The South Korean government has decided to raise renewable energy capacity from 78 GW to 100 GW by 2030, but whether the increase in renewable energy alone can meet the new demand still requires further assessment.

2026-08-11

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