hakseok ryu - csd.bg
TRANSCRIPT
Hakseok RyuDeputy Head
International Energy Security Division
Contents
I. Global Energy Challenge
II. Energy Security
III. Korea’s Energy Configuration
IV. Korea’s Energy Policies
V. Energy Cooperation with Bulgaria
Global Energy Challenge
Long transit distance and period
Concentration of Natural Resource Supply
Sustainability
Climate Change
New Energy Geopolitics
Shale Revolution
Creation of Cooperative Regime
Energy Security
Availability of Sufficient Supplies
Access to Energy at Affordable Prices
Korea’s Energy Configuration
Major Indicator of Korea (2018)
Area 100,188 km²Population $51.7 millionGDP $1,721 billion
Exports $605 billionImports $535 billion
Korea’s Energy Configuration
coal 28%
petroleu
m 39%
LNG 17%
hydro
1%
nuclear
9%
renewabl
es 6%
Energy Mix
nuclear
23%
coal 42%
LNG 27%
renewabl
es 6%
oil 1%hydro
1%
Power Generation
Energy Mix of Korea & Power Generation (2018)
Korea’s Energy Configuration
Korea’s Energy Insecurity
World’s 8th
largest energy consumer
3rd largest LNG Importer
4th largest Coal importer
5th largest Oil Importer
Overseas Energy Dependency : 94.7% (2018)
Energy Imports : $144 billion (2018)
Korea’s Energy Policies
Diversification : Availability of Sufficient Supply
Korea’s Energy Policies
Super Grid Project
Complementarity in Demands
Increased Use of Renewable Energy
Shared Prosperity by Interdependence
Korea’s Energy Policies
Transition to Clean and Safe Energy (May 2017)
7th Long-Term Electricity Supply and Demand Plan (Jul 2015)
Renewable Energy 3020 Implementation Plan (Dec 2017)
8th Long-Term Electricity Supply and Demand Plan (Dec 2017)
Renewable Energy Industry Reinforcement Plan (Apr 2019)
3rd Korea Energy Master Plan (2019-2040) (Jun 2019)
Korea’s Energy Policies
Transition to Clean and Safe Energy (May 2017)
Capacity
Power
Supply
Energy Cooperation with Bulgaria
Policy, Industrial, Research Exchanges
RE Pilot Projects (Wind, Solar, etc)
Nuclear Power Plant Project
Joint Business Cooperation Abroad
Energy Cooperation with Bulgaria
Bulgaria’s geo-strategic situation
Prime Minister Boyko Borissov’s visit to Korea(Sep 2019)
Possible Areas for Cooperation
Energy Cooperation with Bulgaria
Advanced Technology
Strong Supply Chain
Cooperation with Bulgaria
Energy Cooperation with Bulgaria
Advanced Technology and Experiences
Energy Cooperation with Bulgaria
Korea MOFA
Future Cooperation with Bulgaria
Energy Cooperation with Bulgaria
Outstanding Experience
Strong Supply Chain
Advanced Technology
Energy Cooperation with Bulgaria
Korea – Reliable Partner for Shared Prosperity
UAE Barakah NPP project
19/44
World Renewable Energy Outlook
Hakseok RyuInternational Energy Security Division, MOFA