South Korea

2016 South Korea Key Figures
Population: 51.2 million
GDP growth rate: 2.83 %/year
Energy independence: 21.3%
Total consumption/GDP:* 92.8 (2015=100)
CO2 Emissions: 12.0 tCO2/capita
Rate of T&D power losses: 3.52%
* at purchasing power parity
South Korea Related News
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South Korea Related Analysis
  • As part of our South East Asia Gas & Power Service we look at key international players that can have an impact into the Energy Industry of the region. This week analysis is about Gazprom, the Russian based company with the biggest...
South Korea Related Research

Total Energy consumption

Total per capita energy consumption reached 5.6 toe in 2016 (compared to about 3.1 toe for the European Union), including 10 180 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...

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 2016, net oil product exports stood at around 24 Mt (-4% compared to 2015) and net crude oil imports were 146 Mt (+3% compared...

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 8% in 2016 (106 Mt in 2016) 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...

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 12% to 46 bcm in 2016 due to some nuclear restarts. In 2016, 49% of the natural gas was used in power plants and 30% 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), but declined by 4.3% to reach 129 Mt in 2016. Power plants account for 74% and industry for 23%. The household and service sector market has almost disappeared (35% in 1990 and 1% in 2016).


 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 1.6%/year to 522 TWh in 2016. Industry absorbs about half of the electricity consumption, services 30% and 13% for households.


Renewable in % electricity production

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

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...

 Share of renewables in electricity production (incl hydro)
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