President Moon Jae-in’s push for a more sustainable energy policy should give solar power a bright future in South Korea, but escalating protectionism casts a shadow on its use. Tariffs recently imposed by the U.S. and India disadvantage South Korean manufacturers of photovoltaic cells overseas and make them more susceptible to foreign competition at home, particularly from China. As a result, without protectionist measures of their own, Seoul’s push for renewable energy could undermine relevant domestic industries. Even so, a successful energy policy should not only focus on sustainability, finding a balance with cost and stability as well.
Please join us for a presentation by political economist June Park on rising global competition and protectionism on solar panels and cells, the impact on South Korea, and suggestions for the Moon administration in formulating its energy strategy.
A Discussion with:
Research Fellow for Northeast Asia
Seoul National University Asia Center
Director of Academic Affairs and Research
Korea Economic Institute of America