News Summary

• South Korea expects artificial intelligence, and the chip fabs feeding it, to add between 25 and 30 gigawatts to national electricity demand.
• The figure comes from Kim Sung-hwan, minister of climate, energy and environment, in an interview with Reuters published on Tuesday.
• Kim told the agency that nuclear is “an essential element to consider within the power generation structure of our energy mix”, ahead of an update to the long-term energy roadmap that the government will publish next month.