Menu

Search

  |   Economy

Menu

  |   Economy

Search

S. Korea braces for record-high electricity demand during summer

S. Korea's electricity demand would be at an all-time-high this summer.

South Korea will roll out energy-saving campaigns while avoiding face-to-face contact as it braces to supply 100.1 million kW in summer, up 1.8 percent from the last year's peak.

An additional 7.29 million kW of reserve power will also be on standby.

The record-high amount of electricity to satisfy an expected hike in demand would range from 87.3 million to 90.8 million kilowatts (kW) in July and August.

It would reach the highest levels when the average temperature hits 30.1 from the final week of July to the second week of August.

The country's energy reserve rate is between 10 to 15 percent over the peak period.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.