South Korea

2017 South Korea Key Figures
Population: 51.5 million
GDP growth rate: 3.02 %/year
Energy independence: 20.9%
Total consumption/GDP:* 92.1 (2015=100)
CO2 Emissions: 12.5 tCO2/capita
Rate of T&D power losses: 3.52%
* at purchasing power parity
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Total Energy consumption

Total per capita energy consumption reached 5.7 toe in 2017 (compared to about 3.1 toe for the European Union), including 10 400 kWh of electricity.

Total energy consumption increased rapidly until 2011 (by an average of 2.5%/year since 2000). Since 2011, the progression has been much slower (1.8%/year). The share of gas in the country's total energy consumption has been increasing ...

South Korea energy report

 Total energy consumption

Crude oil production

Korea depends on imports to meet its entire oil demand. Thanks to the increase in its refining capacities, Korea has been a net exporter of oil products since 1997. In 2017, net oil product exports stood at around 29 Mt (+21% compared to 2016) and net crude oil imports were 151 Mt (+4% compared to 2016).

Korea depends on the Middle East for most of its crude oil imports, but aims for ...

Asia Refineries Dataset

 Crude oil production

Oil products consumption

Oil consumption remained roughly stable between 1999 and 2014, around 95-100 Mt. It increased by 1.5% in 2017 to 107 Mt due to lower oil prices and the decrease in gas consumption. Industry represents about half of the oil demand, and transport almost one third.

Graph: OIL CONSUMPTION (Mt)

Graph: OIL CONSUMPTION BREAKDOWN BY SECTOR (2017, %)

Asia Refineries Dataset

 Refined oil products production

Natural gas consumption

Gas demand increased rapidly between 2000 and 2013 (8%/year, on average), reaching 53 bcm in 2013, and subsequently declined 9% to 44 bcm in 2015 due to some nuclear restarts. Gas consumption has recovered since then (+4.2% in 2016 and +3.5% in 2017), reaching 48 bcm.

In 2017, 47% of the natural gas was used in power plants and 31% in the residential and commercial sectors. Industry ...

Asia LNG Trade Dataset

 Natural gas domestic consumption

Coal consumption

Coal consumption increased significantly between 2000 and 2015 (4.3%/year) to 135 Mt, but declined to 129 Mt in 2016. However, coal consumption rose by 5.4% to 136 Mt in 2017 due to higher coal usage in power generation.

Power plants accounted for 80% and industry for 17% in 2017. The share of the households and service sector in coal consumption has shrunk from 35% in 1990 to 1% in ...

 Coal and lignite domestic consumption

Power consumption

Electricity consumption increased at the rapid pace of 5%/year, on average, between 2000 and 2013, but has since slowed to just 1.8%/year to reach 534 TWh in 2017 (+2.4% on 2016). Industry absorbs about half of the electricity consumption, services 30% and households 12%.

Graph: ELECTRICITY CONSUMPTION (TWh)

Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR ...

Renewable in % electricity production

The New and Renewable Energy Center (NREC), an affiliate of KEA, supports and promotes renewable energies.

South Korea aims to increase the deployment rate of renewables to 11% of the total energy consumption by 2035 and to achieve 15% of electricity supply from distributed sources, up from 5% in 2013. As per the second Energy Master Plan, distributed energy sources include Integrated ...


 Share of renewables in electricity production (incl hydro)

CO2 fuel combustion/CO2 emissions

In its first Nationally Determined Contributions (NDC) document submitted to UNFCC, South Korea aims to reduce total greenhouse gas emissions by 37% from BAU level by 2030 (excluding LULUCF). Emissions in BAU are forecasted to reach 850 MtCO2 in 2030.

CO2 emissions from fuel combustion increased almost 2.6-fold between 1990 and 2011 (4.6%/year) and remained stable until 2016. In 2017, ...

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