The Energy Transition in South Korea

South Korea is positioning itself as a leader in the global energy transition, capitalising on its robust industrial base and technological innovation. The country’s energy mix is evolving to include more renewable sources such as solar, wind, and wave energy, alongside traditional nuclear, coal, and natural gas. South Korea’s abundant mineral reserves, including boron, titanium, copper, and nickel, are pivotal to the development of clean energy technologies, particularly in the production of electric vehicles, batteries, and solar panels. The government has adopted ESG principles to ensure that its industrial growth is sustainable and responsible. With a growing focus on cleantech innovation, South Korea is also enhancing its strategic partnerships with international stakeholders, particularly within the Minerals Security Partnership, to secure access to critical minerals. As the country continues to diversify its energy sources, it is not only improving energy security but also playing a central role in global efforts to reduce carbon emissions and drive sustainable industrialisation. South Korea’s commitment to both energy transition and mineral development strengthens its position in the global economy.