South Korea shutdowns five TPPs

The trade ministry of South Korea has decided to shut down five coal-fired power plants with an aggregate capacity of 2.32 GW for four months starting March 2018. The decision has been taken as part of the country’s campaign to reduce air pollution. In addition, the nuclear reactors in the country are scheduled to be shut down for maintenance. Consequently, South Korea has increased its LNG imports to meet its power demand.