China and Democratic People's Republic of Korea have agreed to collaborate in the sector of renewable energy. The agreement was reached between officials of the Communist Party of China (CPC) and Korean Workers Party (KWP) when the latter were visiting China recently.
The KWP officials said that the main purpose of their visit was to learn from China's experience in the geothermal sector. CPC officials said that "China would like to enhance its exchanges with the DPRK in the field in order to jointly improve their capability to develop and utilize renewable energy."
Share of combustible renewables and waste steadily increased between 1989 and 1996 after which its share has become stagnant. The country is also rich in hydro power resources which, according to available data constitutes about 50% of the total generation capacity.
Renewable energy would prove extremely helpful for North Korea's economic growth as the country is heavily dependent on imported fuels. North Korea depends on oil imports from Russia, China and Iran.