Why South Korea Lacks Grid Infrastructure to Transmit Surplus Power
Good day, ladies and gentlemen. Today, I would like to talk about the most critical bottleneck facing South Korea's energy ecosystem: grid congestion. Currently, Korea suffers from a severe geographical disconnect between power generation and consumption. While nuclear power plants on the East Coast and solar farms in the Honam region generate surplus electricity, the transmission routes to the Greater Seoul Metropolitan Area—where semiconductor clusters and AI data centers are concentrated—are severely blocked. Compounded by local opposition, regulatory delays, and KEPCO’s financial deficit, grid expansion has been delayed for over a decade with no clear end in sight. Under these circumstances, could Power-to-Gas (P2G)—a method used overseas to convert surplus electricity into hydrogen for storage—serve as a viable alternative? While many worry about seawater desalination costs, desalination actually accounts for merely 1–2% of total hydrogen production costs, making it a negligib...