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North Korea
1.3
GW
7
MT
Coal plants in
North Korea
Additional profit over 30 years
3.1
Bn. $
% Profitable
57
%
Annual CO2 emissions saved
7
MT / year
Total W-S-B investment need
3.3
Bn. $
Investment Potential
12
n.a.
%
of this country’s annual energy-related CO2 emissions could be eliminated by SwitchCoal.
Investment breakdown
3.3
Bn. $
Initial Investment for Conversion to Wind and Solar Power Plant
3.1
Bn. $
Additional profit from switch over 30 years (Source: IEA World Energy Outlook 2022)
Solar
4,956
M. $
Wind
2,655
M. $
Battery
366
M. $
Production costs
5.2
ct/kWh
Mean OPEX of the coal plants within this country (Source: IEA World Energy Outlook 2022)
3.6
ct/kWh
Production cost of renewable energy
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Regions
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Region
CO2 emissions saved
Total W-S-B inv. need
% Profitable plants
Pyongyang
CO2 emissions saved
5.2
MT/y
Total W-S-B inv. need
2.4
Bn. $
% Profitable plants
100
%
South Pyongan
CO2 emissions saved
1.2
MT/y
Total W-S-B inv. need
0.5
Bn. $
% Profitable plants
50
%
North Hamgyong
CO2 emissions saved
0.9
MT/y
Total W-S-B inv. need
0.4
Bn. $
% Profitable plants
50
%
North Pyongan
CO2 emissions saved
0.0
MT/y
Total W-S-B inv. need
0.0
Bn. $
% Profitable plants
100
%
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CO2 emissions (high-low)
CO2 emissions (low-high)
Investment need (high-low)
Investment need (low-high)
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Plant
CO2 emissions
Investment need
Profitable?
Pukchang power station
CO2 emissions
9.2
MT/y
Investment need
3.8
Bn. $
Profitable?
Yes
No
Pyongyang power station
CO2 emissions
4.0
MT/y
Investment need
1.8
Bn. $
Profitable?
Yes
No
Cheongcheon-Gang power station
CO2 emissions
1.2
MT/y
Investment need
0.6
Bn. $
Profitable?
Yes
No
East Pyongyang power station
CO2 emissions
1.2
MT/y
Investment need
0.6
Bn. $
Profitable?
Yes
No
Sunchon power station
CO2 emissions
1.2
MT/y
Investment need
0.5
Bn. $
Profitable?
Yes
No
Chongjin City power station
CO2 emissions
0.9
MT/y
Investment need
0.4
Bn. $
Profitable?
Yes
No
Sonbong power station
CO2 emissions
0.9
MT/y
Investment need
0.4
Bn. $
Profitable?
Yes
No
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