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Will electricity rates rise or fall?
Honam semiconductor power supply also at issue

In short

On the 26th, the Ministry of Climate and Energy will discuss an electricity rate reform plan during a parliamentary audit.

The power and water supply issues for the Honam semiconductor industrial complex will be revisited.

Korea Electric Power Corporation's financial structure and plans for new nuclear power plants have also emerged as key issues.

Key facts

WhenOn the 26th, the National Assembly's Committee on Climate, Energy, Environment and Labor will conduct a comprehensive audit of the ministry.
WhoLawmakers from both ruling and opposition parties plan to intensively question electricity rates and Korea Electric Power's financial structure.
WhatThe key issues are power and water supply for the Honam semiconductor complex, electricity rate reform, and Korea Electric Power's financial structure.
HowIssues raised in the audit on the 6th are expected to be discussed again in the comprehensive audit.

What it means for me

The direction of electricity rate reform has not been decided yet, so changes need to be monitored.