There were over 112,900 photovoltaic energy-related installations by the new and renewable energy supply project in South Korea between 2021 and 2023, most of which were for residential buildings and renewable energy supply and installation businesses. Across energy types, there were approximately 123,900 new and renewable energy-related installations throughout the country during that time.
Weather-dependent energy sources
The South Korean government has been investing heavily in renewable energy, particularly solar and wind, to ween off its dependence on fossil fuel imports. As summers get warmer from the impact of climate change, solar energy has become a more attractive source of renewable energy. Already, solar energy makes up more than half of all power generated from new and renewable sources, and the government seeks to make solar power make up at least a third of the general energy supply by 2030.
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New and Renewable Energy Center. (February 28, 2024). Number of new and renewable energy facilities installed in South Korea from 2021 to 2023, by energy source [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/
New and Renewable Energy Center. "Number of new and renewable energy facilities installed in South Korea from 2021 to 2023, by energy source." Chart. February 28, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/
New and Renewable Energy Center. (2024). Number of new and renewable energy facilities installed in South Korea from 2021 to 2023, by energy source. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/
New and Renewable Energy Center. "Number of New and Renewable Energy Facilities Installed in South Korea from 2021 to 2023, by Energy Source." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/
New and Renewable Energy Center, Number of new and renewable energy facilities installed in South Korea from 2021 to 2023, by energy source Statista, https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/ (last visited November 03, 2024)
Number of new and renewable energy facilities installed in South Korea from 2021 to 2023, by energy source [Graph], New and Renewable Energy Center, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/1377638/south-korea-public-new-and-renewable-energy-facilities-by-source/