South Korea to reduce biomass energy subsidies

January 26, 2025 |

In Indonesia, AP News reported that the South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. 

“While not without caveats, (the) decision by the South Korean government demonstrates that large-scale biomass power has no place in a renewable energy future,” Hansae Song, program lead at South Korea-based nongovernmental organization Solutions for Our Climate, said.

South Korea has subsidized biomass energy with millions of dollars for more than a decade via their renewable energy certificates program. In a single recent year the government gave approximately $688 million to support power plants using biomass, according to a press release from South Korea’s Ministry of Trade, Industry and Energy.

Under the revised policy, South Korea will not support any new biomass power plants, according to the report.

More on the story.

Tags: ,

Category: Fuels

Thank you for visting the Digest.