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South Korean energy policy at a crossroads

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Report summary

South Korean energy policy has been driven by the country's need to fuel its industrial sector with cheap energy. But distorted prices have led to unintended and undesirable consequences with the country on the verge of a power supply shortfall over the last two years. South Korea's new National Energy Master Plan should prioritise electricity price reform as a key element of its energy security strategy.

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  • Document

    South Korean energy policy at a crossroads

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Table of contents

Tables and charts

This report includes 12 images and tables including:

Images

  • Asia-Pacific electricity demand per capita
  • South Korean energy policy at a crossroads: Image 7
  • South Korean energy policy at a crossroads: Image 8
  • South Korea's nuclear capacity, idled vs operation (MW)
  • South Korea's nuclear capacity versus planned nuclear generation
  • South Korea's power reserve margins
  • South Korean energy policy at a crossroads: Image 2
  • South Korean energy policy at a crossroads: Image 3
  • Fuel input prices, power tariffs, and KEPCO earnings
  • South Korean energy policy at a crossroads: Image 5
  • South Korea power demand by sector (plan vs. actual)

Tables

  • South Korean energy policy at a crossroads: Table 1

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