Korea is expected to post a power surplus this year amid cooler temperatures and increased renewable energy production.

Korea is expected to post a power surplus this year amid cooler temperatures and increased renewable energy production.

On the surface, such a surplus may sound desirable, but there are those who feel that having too much power on hand is wasteful. Aggravating the situation is the fact that power demand estimates were erroneous. Peak demand for electricity this summer stood at just shy of 86 gigawatts, more than 6.5 GW lower than last summer's peak of 92.5 GW.

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