#YonhapInfomax #BlueHouse #EnergyConservation #MiddleEastCrisis #ElectricityRates #KoreaElectricPowerCorp #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112405

President Lee Jae-myung pledges to maintain electricity rates despite Middle East crisis-driven oil price surge, citing KEPCO's 200 trillion won deficit while urging public energy conservation and warning against price gouging as second-phase petroleum maximum price system launches
Seven tech CEOs signed Trump's voluntary electricity rate pledge Wednesday, but it changes no actual rates. The White House lacks jurisdiction over state utility commissions that set power prices. Data centers may consume 12% of US electricity by 2028, up from 4-6% today. The real regulatory battles play out in 300+ bills across 30 state legislatures this year.
#DataCenters #EnergyPolicy #ElectricityRates
https://www.implicator.ai/trumps-ratepayer-pledge-solves-nothing-thats-the-point/

South Korea's climate minister said the government will finalize plans by May to potentially consolidate five state-run power generation firms, aiming to boost efficiency and accelerate the shift to renewables, with the outcome to be included in the 12th Basic Plan for Electricity Supply and Demand.
How Do Rooftop Solar and EVs Affect Electricity Costs for Everyone Else? Here’s a New Estimate
Korea Electric Power Corp. CEO Kim Dong-cheol announced plans to resolve local disputes over grid expansion through increased compensation and investment, while reaffirming the company's commitment to renewable energy growth despite short-term electricity rate concerns.
South Korea’s climate minister said local governments seeking nuclear power plants will have their bids considered in the 12th Basic Electricity Plan, amid ongoing debate over the nation’s energy mix and nuclear policy direction.
Korea Electric Power Corp. CEO Kim Dong-cheol called for abolishing the direct power purchase scheme if fuel cost pass-through is not enforced, citing system loopholes exploited by large corporations amid recent electricity rate hikes.