Republic of Korea’s Energy Security Conundrum: The Problems of Energy Mix and Energy Diplomacy Deadlock
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This paper explores Republic of Korea (ROK)’s energy security priorities and problems. During the President Park’s administration, ROK has faced wide range of energy security problems. Almost nation’s energy diplomacy has virtually stopped to function for mostly domestic political reasons. Furthermore, nation’s energy security has been endangered because ROK’s energy security policy has poorly implemented with no concrete goals and no rational choice of energy mix plan. This study seeks to examine ROK’s most urgent energy security agenda at the moment and how the country should response to these specific issues. Moreover, this study will investigate ROK’s energy mix policy in detail according to various energy resources. This paper contends that the current problems of ROK’s energy security and the deadlock of ROK’s energy diplomacy stemmed from the ignorance of the exact definition of energy security at the national level among policy makers, academia, various political groups including top leadership. ROK’s energy security is highly likely to experience significant disarray in the upcoming decades since nation’s energy security clock has been reset back to 5 years before now during the Park’s administration.
Abstract
This paper explores Republic of Korea (ROK)’s energy security priorities and problems. During the President Park’s administration, ROK has faced wide range of energy security problems. Almost nation’s energy diplomacy has virtually stopped to function for mostly domestic political reasons. Furthermore, nation’s energy security has been endangered because ROK’s energy security policy has poorly implemented with no concrete goals and no rational choice of energy mix plan. This study seeks to examine ROK’s most urgent energy security agenda at the moment and how the country should response to these specific issues. Moreover, this study will investigate ROK’s energy mix policy in detail according to various energy resources. This paper contends that the current problems of ROK’s energy security and the deadlock of ROK’s energy diplomacy stemmed from the ignorance of the exact definition of energy security at the national level among policy makers, academia, various political groups including top leadership. ROK’s energy security is highly likely to experience significant disarray in the upcoming decades since nation’s energy security clock has been reset back to 5 years before now during the Park’s administration.
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