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South Korea
42.3
GW
180
MT
Coal plants in
South Korea
Additional profit over 30 years
86.5
Bn. $
% Profitable
100
%
Annual CO2 emissions saved
180
MT / year
Total W-S-B investment need
91.4
Bn. $
Investment Potential
29
n.a.
%
of this country’s annual energy-related CO2 emissions could be eliminated by SwitchCoal.
Investment breakdown
91.4
Bn. $
Initial Investment for Conversion to Wind and Solar Power Plant
86.5
Bn. $
Additional profit from switch over 30 years (Source: IEA World Energy Outlook 2022)
Solar
50,936
M. $
Wind
36,381
M. $
Battery
4,093
M. $
Production costs
5.2
ct/kWh
Mean OPEX of the coal plants within this country (Source: IEA World Energy Outlook 2022)
3.7
ct/kWh
Production cost of renewable energy
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Regions
0
Power plants
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CO2 emissions saved (high-low)
CO2 emissions saved (low-high)
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Region
CO2 emissions saved
Total W-S-B inv. need
% Profitable plants
South Chungcheong
CO2 emissions saved
78.4
MT/y
Total W-S-B inv. need
42.7
Bn. $
% Profitable plants
100
%
South Gyeongsang
CO2 emissions saved
36.2
MT/y
Total W-S-B inv. need
17.3
Bn. $
% Profitable plants
100
%
Gangwon
CO2 emissions saved
31.6
MT/y
Total W-S-B inv. need
13.2
Bn. $
% Profitable plants
100
%
Incheon
CO2 emissions saved
21.0
MT/y
Total W-S-B inv. need
12.0
Bn. $
% Profitable plants
100
%
North Jeolla
CO2 emissions saved
9.2
MT/y
Total W-S-B inv. need
4.5
Bn. $
% Profitable plants
100
%
South Jeolla
CO2 emissions saved
1.7
MT/y
Total W-S-B inv. need
0.7
Bn. $
% Profitable plants
100
%
Gyeonggi
CO2 emissions saved
0.8
MT/y
Total W-S-B inv. need
0.4
Bn. $
% Profitable plants
100
%
North Gyeongsang
CO2 emissions saved
0.7
MT/y
Total W-S-B inv. need
0.3
Bn. $
% Profitable plants
100
%
Ulsan
CO2 emissions saved
0.7
MT/y
Total W-S-B inv. need
0.3
Bn. $
% Profitable plants
100
%
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Sort by
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?
Taean power station
CO2 emissions
27.3
MT/y
Investment need
14.9
Bn. $
Profitable?
Yes
No
Dangjin power station
CO2 emissions
25.4
MT/y
Investment need
13.8
Bn. $
Profitable?
Yes
No
Yeongheung power station
CO2 emissions
21.0
MT/y
Investment need
12.0
Bn. $
Profitable?
Yes
No
Hadong power station
CO2 emissions
18.0
MT/y
Investment need
8.8
Bn. $
Profitable?
Yes
No
Boryeong power station
CO2 emissions
14.0
MT/y
Investment need
7.6
Bn. $
Profitable?
Yes
No
Samchonpo power station
CO2 emissions
10.2
MT/y
Investment need
5.2
Bn. $
Profitable?
Yes
No
Samcheok power station
CO2 emissions
8.4
MT/y
Investment need
3.6
Bn. $
Profitable?
Yes
No
Anin power station
CO2 emissions
8.0
MT/y
Investment need
3.3
Bn. $
Profitable?
Yes
No
Goseong Green power station
CO2 emissions
8.0
MT/y
Investment need
3.4
Bn. $
Profitable?
Yes
No
Samcheok Green power station
CO2 emissions
8.0
MT/y
Investment need
3.3
Bn. $
Profitable?
Yes
No
Shin Boryeong power station
CO2 emissions
7.8
MT/y
Investment need
4.3
Bn. $
Profitable?
Yes
No
Bukpyung power station
CO2 emissions
4.8
MT/y
Investment need
2.0
Bn. $
Profitable?
Yes
No
Shin Seocheon power station
CO2 emissions
3.9
MT/y
Investment need
2.1
Bn. $
Profitable?
Yes
No
Yeosu power station
CO2 emissions
3.1
MT/y
Investment need
1.5
Bn. $
Profitable?
Yes
No
Donghae power station
CO2 emissions
2.4
MT/y
Investment need
1.0
Bn. $
Profitable?
Yes
No
Seagull power station
CO2 emissions
2.2
MT/y
Investment need
1.0
Bn. $
Profitable?
Yes
No
Saemangeum CHP power station
CO2 emissions
1.4
MT/y
Investment need
0.7
Bn. $
Profitable?
Yes
No
Yeosu Hanwha power station
CO2 emissions
1.4
MT/y
Investment need
0.7
Bn. $
Profitable?
Yes
No
Kumho Yeosu CHP power station
CO2 emissions
1.3
MT/y
Investment need
0.5
Bn. $
Profitable?
Yes
No
Gunsan power station
CO2 emissions
1.1
MT/y
Investment need
0.6
Bn. $
Profitable?
Yes
No
GS Pocheon power station
CO2 emissions
0.8
MT/y
Investment need
0.4
Bn. $
Profitable?
Yes
No
Ulsan Hanju power station
CO2 emissions
0.7
MT/y
Investment need
0.3
Bn. $
Profitable?
Yes
No
Gumi CHP power station
CO2 emissions
0.5
MT/y
Investment need
0.2
Bn. $
Profitable?
Yes
No
Yosu Plant-1 power station
CO2 emissions
0.4
MT/y
Investment need
0.2
Bn. $
Profitable?
Yes
No
Gimcheon CHP power station
CO2 emissions
0.2
MT/y
Investment need
0.1
Bn. $
Profitable?
Yes
No
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Zonguldak
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Tainan
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South Chungcheong
Southeast Sulawesi
Southern
South Sumatra
South Kalimantan
South Sulawesi
South Pyongan
South Jeolla
South Holland
South Dakota
South Gyeongsang
South Carolina
Souss-Massa
Soc Trang
Soccsksarden
Smolyan
Sliven
Şırnak
Śląskie
Sivas
Sindh
Sihanoukville
Shandong
Shikoku
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Shanxi
Shan
Shaanxi
Selangor
Schleswig-Holstein
Savinja
Saxony
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