Korea – Coal part of Energy Solution

Korea should take a second look at the value of coal which can be a cheap and reliable source of power in times of tough economy, a coal expert said. If a country takes too much coal from the energy mix, especially in an industrial economy like korea, the country has to risk increases in electricity prices, which reduces the competitiveness of the economy.

Despite the goverment’s strong drive for nuclear power, korea is still the world’s fourth-largest coal importer, bringing in about 130.9 Million tons last year.