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The South Korean government is getting the country’s 30 biggest energy consumers to join efforts to tackle the looming energy crisis this winter amid unstable global energy supply, exacerbated by the war in Ukraine and Korea’s growing trade deficit.
About 55 percent of Korea’s energy consumption last year was for industrial use, over 60 percent of which was consumed by the country’s 30 largest companies.
The government is set to sign a deal with those 30 companies, including Samsung Electronics, SK hynix and Posco next month to make them use energy more efficiently. The government is also mulling turning off lights earlier at tourist attractions and public buildings and lowering recommended room temperatures at state-funded agencies.
