Policies in the Republic of Korea initially focused on improving energy supply and security to support its economic growth. Photo of the Busan thermoelectric power plant courtesy of the National Archives of Korea.
Despite a lack of domestic energy resources, the Republic of Korea has become one of the largest economies in the world.
Overview
The Republic of Korea rose from being one of the poorest countries in the 1960s to one of the top 10 economies in the 21st century. This achievement would not have been possible without the key role of energy. Over the last half-century, the country has rapidly built and upgraded its electricity infrastructure, diversified its energy supply mix, developed a robust nuclear industry, and become a pioneer in liquefied natural gas (LNG) trade. Tiếp tục đọc “Energy Policy Experiments: Lessons from the Korean Experience”
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