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South Korea Energy Industry Outlook 2022 - 2026

See how South Korea Energy performed compared to key markets such as China, the United States and India.

Key Market Indicators

By 2026, Korea is predicted to consume 13.39 exajoules of energy. This is an increase of 0.9% each year on average since 1970. In 2021, Korea ranked 8th in global energy consumption, with Brazil coming in first at 12.58 exajoules. The United States, India and Russia ranked 2nd, 3rd and 4th respectively. Korea is expected to supply 284 million tonnes of oil equivalent by 2026, representing a growth of 0.6% year on year since 1976. In 2021, Germany was ahead of Korea in 9th position at 267.75 million tonnes of oil equivalent. The US, India and Russia were the top 3 in this ranking.

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South Korea Energy Market Data and Forecasts

How much will South Korea Energy Market grow to 2026?

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Forecast: Wind Energy Generation in South Korea
Forecast: Electricity Generation from Oil in South Korea
Forecast: Liquefied Natural Gas Import in South Korea
Forecast: Solar Energy Capacities in South Korea
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