Energy policy in South Korea.
President Moon Jae-in's administration plans to reduce fossil fuel emissions, increase the use of renewables and ultimately phase out commercial nuclear energy generation. Opponents view the current plans as threatening to South Korea’s economic, international and strategic standing, and Moon’s approach to governance as populist and ineffective.
Natural gas exporters in North America, Indonesia and Australia will benefit from stronger South Korean demand.
South Korea’s reputation in international commercial nuclear energy construction services will suffer a setback.
Phasing out nuclear energy would make it more difficult for South Korea to acquire nuclear weapons.
Moon's plan for an integrated East Asian natural gas network are far from realisation, but would have profound impacts.
