South Korea Faces Soaring Power Demand from AI Boom, Considers Nuclear Expansion
South Korea is experiencing a significant increase in electricity demand, primarily driven by the expansion of chip production by major companies like Samsung Electronics and SK Hynix, alongside the construction of new AI data centers. According to Kim Sung-whan, the Minister of Climate, Energy and Environment, AI-driven power needs alone are projected to boost South Korea's demand by 25 to 30 gigawatts. This surge is further compounded by the national shift towards electric vehicles and electric heating. To address these growing energy requirements, the South Korean government is evaluating an update to its long-term energy roadmap, which includes considering the expansion of its nuclear energy capacity. Currently, nuclear power accounts for nearly a third of the country's energy mix, with 26 operational reactors. While there is public support for new nuclear plants, as indicated by a poll showing 79% approval, some civic groups have raised safety concerns, with one group in Ulsan collecting over 10,000 s...