Trellison InstituteResearch Integrity · Methodology Evaluation

South Korea

601 MtCO2 (published source). EIA-enriched profile year: 2024.

EIA data live: This country's carbon + energy profile is enriched with US Energy Information Administration International Energy Statistics via the Trellison medallion pipeline (latest richly-populated year: 2024). Source: gold_country_energy_profile.
Global rank
#8
Emissions 2022 (published)
601
MtCO2
ETS coverage
73.5%
Carbon price
$7.50
USD / tCO2e

EIA indicators — 2024

CO2 total
644.08
million metric tonnes carbon d
CO2 from coal
260.71
million metric tonnes carbon d
CO2 from petroleum
253.48
million metric tonnes carbon d
CO2 from natural gas
129.88
million metric tonnes carbon d
Primary energy consumption
12.42
quadrillion Btu
Primary energy production
2.12
quadrillion Btu
Electricity generation total
577.81
billion kilowatthours
Fossil electricity
334.34
billion kilowatthours
Nuclear electricity
188.75
billion kilowatthours
Hydro electricity
4.23
billion kilowatthours
Solar electricity
33.68
billion kilowatthours
Wind electricity
3.32
billion kilowatthours
Crude oil production
0.0000
thousand barrels per day
Natural gas production
0.0000
quadrillion Btu
Natural gas consumption
2.45
quadrillion Btu

ETS status

K-ETS (Phase 3, 2021-2025); Asia's first mandatory ETS; 73.5% coverage

Exposed operators

KEPCO, POSCO, Hyundai Steel, SK Hynix, Samsung Electronics

Trade system impact

K-ETS Phase 3 closes end 2025; Phase 4 design underway. 685 entities covered across 69 sub-sectors. Korean Ministry of Environment finalising Phase 4 rules.

Proof-pack relevance

Phase 4 design is an open window for K-ETS to adopt per-tonne evidentiary standards that align with EU CRCF (for bilateral recognition).

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