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⚡ 💡 ‼️ #DidYouKnow? In South Korea, 60% of transmission connection points reportedly have 0 capacity for new renewable energy projects until 2030. South Korea’s 100 GW renewable energy target is at risk 👉not because of a lack of projects, but because the system isn’t connecting them. An outdated first-come, first-served system is delaying ready-to-build solar and wind, while grid capacity remains locked up by fossil fuel and inactive projects. Drawing lessons from the UK and Germany, our latest issue brief makes the case for reform: ✅ Shift to a “ready and needed” framework ✅ Prioritize projects aligned with decarbonization and just transition goals ✅ Improve transparency in grid allocation and congestion management Unlocking the grid is essential to accelerating clean energy and ensuring a just transition, especially in coal-dependent regions like Korea’s South Chungcheong Province (Chungnam). 🔗 Read more in our issue brief: https://lnkd.in/giBtGVuu #SFOC #EnergyPolicy #EnergyTransition #RenewableEnergy #PowerMarkets #ElectricityMarkets

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⬅️➡️ Coal phaseout pathways are rapidly diverging in two of Asia’s largest economies: Japan and South Korea. 📊 These are the latest findings from Global Energy Monitor’s 2026 Boom and Bust report, highlighting a growing shift away from coal even as capacity additions continue in some markets. SFOC's contribution to the Korea-Japan section reflects broader global discussions on the growing interconnectedness of energy security, economic competitiveness and climate goals, presenting coal transition as an opportunity to build more resilient and future-oriented clean energy systems. 🗝️ Key Findings 🇰🇷 South Korea’s commitment to halt new coal development and phase out around half of its 40GW of operating coal capacity by 2040. This created room to reevaluate public coal financing and realize new opportunities to accelerate clean energy investment. Korea’s commitment to 2040 coal phase out positions the country as an emerging middle power leader in global energy transition policy. 🇯🇵 In contrast, coal phaseout pathways in Japan, home to the fifth largest coal fleet in the world at 53GW, remain gradual, placing emphasis on incremental emissions reduction rather than establishing a binding timeline for coal power plant retirement. Shifting away from abatement technologies towards actual phaseout mechanisms will be critical for both reducing Japan’s dependence on coal and scaling up renewable energy expansion. 🗝️ Key Takeaways 🌏 Public and private finance play a pivotal role in coal phase‑out by driving transition instruments such as green bonds while scaling renewables to cut fossil import risks. 💸 Sovereign green bonds and transition finance, paired with renewable energy investment, are key to phasing out coal and securing industrial resilience. See the full picture in 📘Boom & Bust Coal 2026, the definitive annual survey of the global coal fleet by GEM and partners: https://lnkd.in/eHTYZ3RM  #ClimateAction #CoalPhaseout #BoomandBust #GEM #SFOC