SEOUL (Bloomberg): South Korea, which has invested billions of dollars in overseas coal plants, is debating whether to halt financing further projects amid pressure to accelerate climate efforts ahead of President Joe Biden’s summit next week.
The discussions follow mounting pressure from the US which wants the Asian nation to stop backing coal-fired power plant developments abroad as well as bolster emissions reduction targets at home, according to government officials who requested anonymity to discuss private talks.
Biden’s climate envoy John Kerry is scheduled to arrive in Seoul this week for talks ahead of a virtual White House climate summit on April 22.
South Korea Mulls Plan to End State Funding of Overseas Coal
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South Korea Studying Plan to End State Funding of Overseas Coal
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NEW YORK, April 14, 2021 /PRNewswire/
The electricity retailing market is set to grow by USD 400.20 billion, progressing at a CAGR of about 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Electricity Retailing Market by Application and Geography - Forecast and Analysis 2021-2025
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AGL Energy Ltd., Centrica Plc, China Huadian Corporation LTD. (CHD), Duke Energy Corp., Electricite de France SA, Enel Spa, ENGIE SA, Keppel Electric Pte. Ltd., Korea Electric Power Corp., and Tata Power Co. Ltd. are some of the major market participants. The increased focus on renewable energy will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen
Electricity Retailing Market to grow by USD 400 20 billion and Record a CAGR of About 3%
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