The rated power generation capacity in South Korea for 2034 was forecast to be 193 gigawatts while its effective capacity was estimated to be 125 gigawatts that year. As energy demand continues to rise, the country is seeking alternative sources of energy outside of fossil fuels and nuclear energy, such as in renewables and hydrogen.
Forecast rated and effective power capacity in South Korea from 2020 to 2034
(in gigawatts)
Characteristic
Rated capacity
Effective capacity
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Rated capacity is the maximum capacity under which it is theoretically possible to generate power within a given amount of time. Effective capacity is the amount of power generated after taking into account power losses due to voltage conversion and efficiency ratings.
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MOTIE (South Korea). (December 28, 2020). Forecast rated and effective power capacity in South Korea from 2020 to 2034 (in gigawatts) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/
MOTIE (South Korea). "Forecast rated and effective power capacity in South Korea from 2020 to 2034 (in gigawatts)." Chart. December 28, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/
MOTIE (South Korea). (2020). Forecast rated and effective power capacity in South Korea from 2020 to 2034 (in gigawatts). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/
MOTIE (South Korea). "Forecast Rated and Effective Power Capacity in South Korea from 2020 to 2034 (in Gigawatts)." Statista, Statista Inc., 28 Dec 2020, https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/
MOTIE (South Korea), Forecast rated and effective power capacity in South Korea from 2020 to 2034 (in gigawatts) Statista, https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/ (last visited July 22, 2024)
Forecast rated and effective power capacity in South Korea from 2020 to 2034 (in gigawatts) [Graph], MOTIE (South Korea), December 28, 2020. [Online]. Available: https://www.statista.com/statistics/1337664/south-korea-planned-rated-and-effective-power-capacity/