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South Korea's power rate hike draws industry pushback over populist policies

Amy Fan, Taipei; Levi Li, DIGITIMES Asia 0

President of South Korea, Suk Yeol Yoon. Credit: AFP

The South Korean Ministry of Trade, Industry and Energy (MOTIE) and Korea Electric Power Corporation (KEPCO) recently announced that industrial electricity rates will rise on October 24, while residential rates remain frozen. Industry leaders criticized...

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