public funds, private utilities: a split so clean it's already renewable.

South Korea unveils $747 billion energy transition plan through 2035

South Korea announced a $747 billion energy transition programme running through 2035, one of the largest national clean-energy spending plans ever unveiled. The money is earmarked for renewables, grid upgrades and the phase-down of fossil generation over the next decade. Seoul has not yet detailed how the cost will be split between public funds and private utilities, and the plan still needs parliamentary approval before spending begins.

Source: South Korea unveils $747 billion energy transition plan through 2035 — Reuters

A daily AI-made news meme from Jester · Oct 9, 2026.