Stable Energy Supply Amid Political Uncertainty: Urgent Energy Policy Recommendations
Key Ideas
  • Urgent confirmation needed for the 11th Basic Plan for Electricity Supply to ensure stable energy supply and avoid delays in related facility construction.
  • Import plan for U.S.-made natural gas crucial to balance trade pressure and diversify energy sources away from the Middle East.
  • Achieving smooth exports of Czech nuclear power plants vital for Korea Hydro & Nuclear Power's growth and competitiveness in the global market.
  • Resumption of discussions on major energy bills essential to address challenges like network expansion, waste management, and offshore wind power promotion.
Despite political upheaval from the impeachment, South Korea's energy supply remains stable with electricity, city gas, and district heating well provided. However, concerns arise over energy policy uncertainties. Recommendations include urgently confirming the 11th Basic Plan for Electricity Supply and developing a U.S. natural gas import plan. Smooth exports of Czech nuclear power plants are vital, as are discussions on key energy bills. Stabilizing electricity supply in the metro area and promoting hydrogen power generation are crucial. The nation's heavy reliance on energy imports underscores the urgency for strong energy policy cooperation despite political challenges.
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