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Korea
Member country
Energy system of Korea
Policies
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Key recommendations
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Strengthen the Commission’s responsibilities in areas such as setting tariffs and monitoring of the market, and reinforce staff capacities in line with its increased responsibilities.
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In addition to the clean energy targets, create performance-driven regulatory frameworks for energy efficiency and renewable energy deployment. In order to attract and facilitate investments in clean energy with new business opportunities, also develop regulatory frameworks for competitive energy and gas markets.
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To accelerate the switch to lower emission technologies, warrant that taxation of fuels reflects their external costs, including carbon content and air pollution.
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Ensure the roll-out of infrastructure to support the clean mobility targets.