AGP Executive Report
Last update: an hour agoRenewable Energy: South Korea has proposed replacing renewable-power quotas with an auction-based contract market from Jan. 1, 2027. KEPCO would sign long-term fixed-price deals, with bids judged on cost, community acceptance, domestic industry benefits and grid impact. The country also plans to add 100 gigawatts of renewable capacity by 2030. Heat Risks: Heat-illness cases fell in South Korea, but deaths rose 24%, underscoring the dangers of extreme heat. Arctic Shipping: A South Korean cargo ship completed a trial voyage on the Arctic route, made more accessible by melting sea ice. Increased traffic could bring environmental risks to fragile polar waters.
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