LNG liquefied natural gas limited

No, not really. Energy markets are global and so is the move to...

  1. 2,366 Posts.
    lightbulb Created with Sketch. 53
    No, not really. Energy markets are global and so is the move to renewables. The forecasts for fossil fuels have been proven to hopelessly optimistic. You're using old data.

    "The Korea Herald reports the plan envisages renewable power to rise to 40 percent of the country’s energy mix in 2034, up from 15.1 percent currently. In the meantime, the share of liquefied natural gas-fired power generation should decline from 32.3 percent to 31 percent.At the same time, all coal-fired power plants whose 30-year lifecycles expire by 2034 will be retired. This makes about 30 plants, out a total of 60 currently in operation. An earlier report in Korean media said that some 24 coal-fired plants will be converted to gas."

    https://oilprice.com/Latest-Energy-News/World-News/South-Korea-Embarks-On-An-Ambitious-Renewable-Energy-Plan.html#:~:text=The%20Korea%20Herald%20reports%20the,32.3%20percent%20to%2031%20percent.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.