Understanding the Misconception: Why Many See the Government as ‘Friendly’ – Insights from President MK

The current perceptions of the government’s energy policy are mixed. Many people view the government as being overly friendly to China, especially after the formation of the new Ministry of Climate, Energy, and Environment. This shift has raised concerns about balancing energy development with environmental protection.

Minister Kim Sung-hwan recently announced ambitious plans to boost renewable energy to 100 GW by 2030, emphasizing the importance of solar and offshore wind power. While these sources are seen as key to reducing carbon emissions, challenges remain. Critics argue that such energy sources can disrupt local ecosystems—solar installations can damage forests, and wind farms might affect marine life.

Despite the benefits of renewable energy, there’s a growing worry about reliability. Generating energy from sun and wind can be unpredictable, particularly affecting industries like semiconductor manufacturing, which needs a steady power supply.

Another pressing issue is the dominance of Chinese companies in the renewable energy market. Over 95% of solar cells come from China, which has impacted local manufacturers who struggle to compete with low-priced imports. This trend extends to wind energy components, where a significant portion comes from China, making the country a key player in the renewable sector.

A report from the International Renewable Energy Agency suggests that China’s share of the global renewable energy market will continue to grow. If South Korea leans too heavily on imported renewable technology, it risks jeopardizing its energy independence.

The government faces a crucial decision: continue investing in renewable energy at the expense of domestic production, or find ways to support local industry while transitioning to cleaner energy. The balance is delicate, but ensuring a reliable and independent energy future is vital.

As we navigate this shift, it’s essential to involve local companies in the conversation about renewable energy development. By fostering domestic capabilities, South Korea can build a more sustainable and autonomous energy landscape, rather than relying on foreign markets.



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