The government is strengthening its collaboration with public enterprises, private companies, and export support agencies to expand the overseas presence of domestic energy companies.
The Ministry of Climate, Energy, and Environment announced that it will hold a meeting on 'Strategic Response Measures for Energy Team Korea in the Era of Electrification' on November 12 in Jongno, Seoul.
This meeting aims to discuss strategies for the overseas expansion of the domestic energy industry and public-private cooperation in light of increasing global power demand driven by the spread of artificial intelligence (AI) and responses to the climate crisis.
According to the International Energy Agency's (IEA) 'Electricity 2026' report released in February, global electricity demand is projected to grow by an average of 3.6% annually from 2026 to 2030, with key drivers including industry, electric vehicles, cooling, and data centers.
Attendees will include Minister of Climate Kim Sung-hwan, representatives from eight public enterprises such as Korea Electric Power Corporation and Korea Hydro & Nuclear Power, 14 private companies including Hyosung Heavy Industries and Doosan Enerbility, and seven export support agencies including Korea Trade Insurance Corporation and Korea Export-Import Bank.
Participants will examine promising sectors for overseas expansion based on energy demand and market conditions in various countries and discuss ways to increase participation in overseas projects.
Support measures for vulnerable regions abroad facing energy and water shortages will also be a key agenda item. Solutions will be explored for power supply using solar energy and energy storage systems (ESS), addressing water and food issues through renewable energy, and supporting basic infrastructure such as schools and hospitals.
Additionally, the meeting will gather policy suggestions from companies on strengthening cooperation between public and private sectors, utilizing policy finance, and supporting the overseas expansion of domestic technologies and equipment.
The government aims to spread Korea's green transition (K-GX) based on domestic energy technology and experience, contributing to the international community while expanding business opportunities for domestic companies.
Minister Kim emphasized, "Sharing our energy technology and experience with the world not only contributes to the international community but also creates new growth opportunities for our companies. We will unite the capabilities of the government and the private sector to build a South Korea that grows together with the world through energy."
The Ministry of Climate, Energy, and Environment announced that it will hold a meeting on 'Strategic Response Measures for Energy Team Korea in the Era of Electrification' on November 12 in Jongno, Seoul.
This meeting aims to discuss strategies for the overseas expansion of the domestic energy industry and public-private cooperation in light of increasing global power demand driven by the spread of artificial intelligence (AI) and responses to the climate crisis.
According to the International Energy Agency's (IEA) 'Electricity 2026' report released in February, global electricity demand is projected to grow by an average of 3.6% annually from 2026 to 2030, with key drivers including industry, electric vehicles, cooling, and data centers.
Attendees will include Minister of Climate Kim Sung-hwan, representatives from eight public enterprises such as Korea Electric Power Corporation and Korea Hydro & Nuclear Power, 14 private companies including Hyosung Heavy Industries and Doosan Enerbility, and seven export support agencies including Korea Trade Insurance Corporation and Korea Export-Import Bank.
Participants will examine promising sectors for overseas expansion based on energy demand and market conditions in various countries and discuss ways to increase participation in overseas projects.
Support measures for vulnerable regions abroad facing energy and water shortages will also be a key agenda item. Solutions will be explored for power supply using solar energy and energy storage systems (ESS), addressing water and food issues through renewable energy, and supporting basic infrastructure such as schools and hospitals.
Additionally, the meeting will gather policy suggestions from companies on strengthening cooperation between public and private sectors, utilizing policy finance, and supporting the overseas expansion of domestic technologies and equipment.
The government aims to spread Korea's green transition (K-GX) based on domestic energy technology and experience, contributing to the international community while expanding business opportunities for domestic companies.
Minister Kim emphasized, "Sharing our energy technology and experience with the world not only contributes to the international community but also creates new growth opportunities for our companies. We will unite the capabilities of the government and the private sector to build a South Korea that grows together with the world through energy."
* This article has been translated by AI.
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