Handbook of Energy Politics
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Handbook of Energy Politics

Edited by Jennifer I. Considine

Starting with the fundamentals of the global energy industry, Handbook of Energy Politics goes on to cover the evolution of capital and financial markets in the energy industry, the effects of technology, environmental issues and global warming and geopolitics. The book concludes by considering the future, including the lessons learned from history, where we are most likely to be heading and what steps we can take to mitigate potential energy risks. This Handbook will be an invaluable resource for upper level graduates and postgraduate scholars.
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Chapter 7: Republic of Korea’s energy security conundrum: the problems of energy mix and energy diplomacy deadlock

Se Hyun Ahn

Abstract

This chapter explores Republic of Korea (ROK)’s energy security priorities and problems. During President Park’s administration, ROK has faced a wide range of energy security problems. The nation’s energy diplomacy has virtually ceased to function for mostly domestic political reasons. Furthermore, the nation’s energy security has been endangered because ROK’s energy security policy has been poorly implemented with no concrete goals and no rational choice of energy mix plan. This chapter seeks to examine ROK’s most urgent energy security agenda and how the country should respond to these specific issues. Moreover, this study will investigate ROK’s energy mix policy in detail according to various energy resources. This chapter 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 policymakers, academia, and various political groups including top leadership. ROK’s energy security is highly likely to experience significant disarray in the upcoming decades since the nation’s energy security clock has been reset to five years earlier during Park’s administration.

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