Consistency dilemma of Korean energy policy

Abstract

This paper examines the continuity of Korean energy policy for the last 30 years and consistency of energy policy with other energy-related policies. Because energy policy environment is characterized by high level of uncertainty, long-range planning as well as skillful adaptation to changing environments are both needed. But there are costs the two different approaches must pay. Energy sector has its close connections with economic and environmental sectors. Energy policy-maker should find ways to minimize any conflict between related policies. Economic planning must be designed awaring of the constraints energy sector faces, and energy sector planning inevitably affects environmental quality. And priority among related policy areas must be adjusted according to changing situations. This paper calls policy-makers' attention to consistent policy process in the midst of favorable international energy market and emergence of green movement.