Key Market Indicators
SEOUL – South Korea's nuclear power consumption is projected to climb to 1.7 exajoules by 2028, a modest increase from the current level of approximately 1.6 exajoules in 2023. This marks an average annual growth rate of 1%. The nation's demand for nuclear energy has been on a steady rise since 1982, with an average yearly growth rate of 5.7%. This sustained increase reflects South Korea's ongoing commitment to nuclear power as a key component of its energy strategy. As the country continues to balance its energy needs with environmental concerns, the upcoming years are expected to see further developments in its nuclear power sector.
