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KDI - Korea Development Institute

KDI - Korea Development Institute



「Inclusive Korea 2018」 Seeking a New Policy Paradigm for Inclusion, Innovation and Peace #General(Other) #General(Other) #General(Other)
[3-3] The CurrentState of Energy Transition in South Korea: Challenges & Opportunities

YUN, Sun-Jin2018.05.28

Session 3. Path to Green Inclusive Society
Presentation 3. The Current State of Energy Transition in South Korea: Challenges and Opportunities
YUN Sun-Jin Professor of Seoul National University

□ South Korea is currently under a great experiment in the process of energy transition.
○ The Moon Jae-in government, which was elected in May 2017 on a pledge to phase out coal-fired and nuclear power generation and bring renewable energies on a large scale, has taken first steps to implement its promises.
○ As the energy system develops more towards decentralization, the participation of diverse actors including local governments, local residents, and local NGOs, etc. will increase.
□ To realize a good energy governance, the participation of various stakeholders in the decision-making process is important.
○ In order to achieve energy transition, challenges such as the supply-oriented national energy policy, institutional barriers against energy alternatives and a decentralized energy system, and lack of financial support need to be contested.
○ The sustainable energy transition will gain momentum if there are more concerned citizens and enterprises driven by continued successful experience for energy transition in addition to the government’s will.
Presentation Video
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