South Korea Strengthens Energy Cooperation with Türkiye and Saudi Arabia
Key Ideas
- Deputy Minister Lee engages in discussions with officials from Türkiye and Saudi Arabia to enhance energy cooperation in sectors such as nuclear energy, power grids, and hydrogen.
- Türkiye aims to develop 20GW of nuclear power capacity by 2050, with ongoing projects like the Akkuyu nuclear power plant and plans for additional nuclear projects.
- The dialogue with Saudi Arabia focuses on policy trends, large-scale nuclear projects, power grid expansion, and clean hydrogen development, reflecting the country's shift towards sustainable energy systems.
- Expectations are high for increased collaboration between South Korea and Türkiye, as well as potential extensive partnerships with Saudi Arabia in the energy sector.
Deputy Minister for Energy Policy Lee Ho-hyeon from South Korea's Ministry of Trade, Industry, and Energy is currently on an official visit to Türkiye and Saudi Arabia to bolster bilateral energy cooperation. The discussions encompass various key sectors, including nuclear energy, power grids, and hydrogen. The meeting with Türkiye officials focused on nuclear power development, with Türkiye aiming to achieve 20GW of nuclear power capacity by 2050. This visit marked the first high-level nuclear energy dialogue between South Korea and Türkiye in over a decade, indicating a renewed interest in collaboration. In Saudi Arabia, discussions with the Assistant Minister of Energy for Electricity Affairs will revolve around policy trends, large-scale nuclear projects, power grid expansion, and clean hydrogen development. As Saudi Arabia transitions towards sustainable energy systems, the talks are expected to pave the way for substantial cooperation with South Korea. Overall, the visits aim to solidify partnerships, explore new opportunities, and drive advancements in the energy sector for mutual benefit.
Topics
Projects
Clean Energy
Sustainable Development
Nuclear Power
Energy Cooperation
Power Grids
Bilateral Relations
Policy Dialogue
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