Bolstering US-South Korea Relations through Clean Energy Pragmatism
Key Ideas
- US-South Korea aim to collaborate on clean energy technologies for climate goals, energy security, and supply chain resilience.
- Both countries face challenges in clean energy adoption like regulatory barriers and infrastructure deficiencies.
- Recommendations include adopting pragmatic policies, enhancing battery supply chain resilience, and investing in clean hydrogen RD&D.
- Joint commitment to nuclear power expansion can mitigate costs, supply chain risks, and provide reliable baseload electricity.
The policy brief emphasizes the potential for strengthened relations between the United States and South Korea through pragmatic cooperation in clean energy technologies. Both nations, with advanced industrial economies, are committed to reducing greenhouse gas emissions and enhancing energy security. Recommendations include sharing technological expertise, aligning market rules, investing in supply chains, and promoting research on clean hydrogen and advanced nuclear power. While both countries have made progress in clean energy investment and collaboration, challenges like regulatory barriers, infrastructure deficiencies, and market dominance by China persist. The brief suggests adopting pragmatic policies, expanding battery supply chain resilience, and investing in clean hydrogen research and development. Furthermore, joint commitment to nuclear power expansion can help reduce costs, investor uncertainty, and supply chain risks, ensuring reliable baseload electricity. By working together on clean energy solutions, the US and South Korea can advance their climate goals and enhance mutual economic and energy security.
Topics
Fuel Cells
Technology Innovation
Energy Policy
Clean Economy
Policy Recommendations
Bilateral Cooperation
Supply Chain Resilience
Climate Mitigation
Political Collaboration
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