LBNL Report Number
With South Korea’s electricity demand expected to grow 30% by 2035, transitioning to clean energyresources will be critical in reducing the electric sector emissions and achieving national climate goals.Rapid technological improvements can help keep costs low and maintain grid reliability, if Korea’sgovernment takes a coordinated approach to the clean energy transition. This policy brief identifieskey barriers to Korea’s shift toward clean energy, based on the authors’ companion report (A CleanEnergy Korea by 2035: Transitioning to 80% Carbon-Free Electricity Generation ), interviews withexperts, and the most recent data and literature. It then explores policy solutions for overcoming thesetechnological, economic, and institutional barriers, and suggests market transformation strategies tospeed the adoption of clean energy technologies. Amid ongoing cost and technological improvementsin wind, solar, and energy storage, advancing this report’s recommended policy actions with maximumcoordination among government officials can meaningfully accelerate Korea’s clean energy transition.