The global energy system is undergoing a major transformation. Fossil fuel prices are soaring, and extreme weather and war are causing massive blackouts and energy shortages. A clean-energy transition is no longer just an option, but an absolute requirement for survival. As countries shift away from dirty fuels, governments and corporations are increasingly looking toward hydrogen as part of the solution. Robert Howarth has the details. This Piece was originally published on NikkeyAsia.
South Korea is jeopardizing its ability to meet its 2030 methane reduction target under the Global Methane Pledge due to the country’s plans to massively expand fossil-based hydrogen, according to a recent study by Seoul-based Solutions for Our Climate (SFOC) led by legal, economic, financial, and environmental experts with experience in energy and climate policy. Jinny Kim explains.
South Korea’s carbon neutrality policy is advancing. In COP26, President Moon revealed South Korea’s goal for the 2030 nationally determined contribution (NDC). He pledged that South Korea will cut carbon emissions more than 40% of 2018 levels by 2030 and achieve carbon neutrality by 2050. Yi hyun Kang explains South Korea’s climate rethink.
Korea’s recent rise in solar power capacity has earned the country plaudits. But many, including environmentalists, are criticising Moon Jae-in’s solar policy, arguing that it does not go far enough. Yi hyun Kang explains why.
Hydrogen has emerged as a key element in the race to net-zero worldwide. South Korea is one of the most proactive advocates of hydrogen, passing the world’s first hydrogen economy law last year. In its carbon neutrality scenarios unveiled last month, meanwhile, hydrogen is given more weight than renewables. What is the Korean government doing to boost the hydrogen economy, and why? Yi hyun Kang investigates.
The automotive industry has significantly contributed to South Korea’s rapid economic development since the 1970s. The worldwide boom of e-mobility in recent years is changing the industrial structure of Korea. The government is now trying to promote the ‘K-battery’ to boost the Korean economy. Can national support accelerate the transition to a green economy? What does it mean to the world’s fifth largest automotive producer? Yi hyun Kang has the story.
Ten years have passed since the Fukushima disaster in 2011. In the aftermath, some countries have undergone profound energy-policy shifts to prevent such a disaster in the future. However, Japan’s closest neighbors, Taiwan and South Korea (Korea) are struggling to push through the nuclear phase-out agenda. Instead, support for nuclear is on the rise among the population in both countries. What has happened in those countries in the last decade? Yi hyun Kang & Milan Chen have the story.
Coal is now more expensive than renewable energy – and while this is good news for the climate, it’s bad news for developing countries who have invested in coal. Renato Redentor Constantino looks at how Japan and Korea are divesting, and the IMF’s opinion on stranded assets.
Korea’s citizens have been organizing their own energy cooperatives, and the new feed-in tariffs could encourage even more investment. Yi hyun Kang talks to stakeholders about their role in the energy transition.
The Moon Jae-in administration’s nuclear phase-out policy has begun to take shape. The Korean Energy Information Agency explains how citizen concerns are addressed.