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Events at KEI

Korea Economic Institute of America Presents:

Bridging the Gap: LNG and South Korea’s Transition to Carbon Neutrality

Livestreamed via Zoom

Starts: October, 29th 2020 EST

Event Description

President Moon Jae-in has set ambitious targets to improve South Korea’s air quality and reduce its carbon footprint, but realizing these goals will not be an easy task. While increased reliance on renewable energy is central to these plans, there are short- to medium-term limitations in scaling up production to meet high demand. Combined with planned phaseouts of nuclear and coal power, liquified natural gas (LNG) is expected to play a pivotal role in South Korea’s pursuit of balancing energy needs and environmental concerns. However, reliance on LNG brings its own unique set of issues that policymakers must successfully navigate to ensure the transition to renewables and thus net-zero carbon emissions.

Please join KEI for a discussion with Asian geopolitics and energy experts Francesca Frassineti and Francesco Sassi on South Korea’s LNG-focused energy framework in the coming years as well as recommendations on how to address key challenges ahead.

This event will be livestreamed on Zoom with an interactive Q&A session. Please RSVP to receive the webinar link on the day of the event.

Event Content

Event Short Content

President Moon Jae-in has set ambitious targets to improve South Korea’s air quality and reduce its carbon footprint, but realizing these goals will not be an easy task. While increased reliance on renewable energy is central to these plans, there are short- to medium-term limitations in scaling up production to meet high demand. Combined with planned phaseouts of nuclear and coal power, liquified natural gas (LNG) is expected to play a pivotal role in South Korea’s pursuit of balancing energy needs and environmental concerns. However, reliance on LNG brings its own unique set of issues that policymakers must successfully navigate to ensure the transition to renewables and thus net-zero carbon emissions.