The industrial sector accounted for around 60.8 percent of total final energy consumption in South Korea in 2022. The transportation sector had the second-highest share of final energy consumption that year, at around 17 percent.
Energy-demanding heavy industries
Total energy consumption in South Korea has increased over the years, and the industrial sector has made up much of this figure. As the country has continued to develop technologically, demand has increased with little expectation of slowing down. Some of South Korea's leading industries, such as electronic components and motorized vehicles, have trillions of South Korean won in production value each year.
Alternative and clean energy
To ensure that industries are not slowed down in the face of environmental concerns, renewable energy has now become essential to continued growth. Solar and wind energy have become some of the most important sources of energy during this energy transition. Currently, just under 15 percent of South Korea's domestic power generation comes from solar, geothermal, and similar sources.
Distribution of final energy consumption in South Korea in 2022, by sector
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Korea Energy Economics Institute. (March 16, 2024). Distribution of final energy consumption in South Korea in 2022, by sector [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/
Korea Energy Economics Institute. "Distribution of final energy consumption in South Korea in 2022, by sector." Chart. March 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/
Korea Energy Economics Institute. (2024). Distribution of final energy consumption in South Korea in 2022, by sector. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/
Korea Energy Economics Institute. "Distribution of Final Energy Consumption in South Korea in 2022, by Sector." Statista, Statista Inc., 16 Mar 2024, https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/
Korea Energy Economics Institute, Distribution of final energy consumption in South Korea in 2022, by sector Statista, https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/ (last visited November 21, 2024)
Distribution of final energy consumption in South Korea in 2022, by sector [Graph], Korea Energy Economics Institute, March 16, 2024. [Online]. Available: https://www.statista.com/statistics/991731/south-korea-final-energy-consumption-share-by-sector/