A new Clean Energy Partnership between the UK and the Republic of Korea (RoK) to boost energy security and accelerate the clean energy transition.
The partnership strengthens cooperation on shared ambitions across the clean energy transition, low carbon technologies, civil nuclear, and domestic climate policies. The new partnership will promote UK-Korea business collaboration, addressing barriers to trade and encouraging mutual development of each other’s energy sectors.
The 2 countries will also double down on commitments made under the Paris Agreement to limit global warming to 1.5 degrees, to work together to phase out unabated coal power from energy systems to achieve net zero by 2050.
The partnership comes alongside South Korean businesses injecting more than GBP 10bn of new investment into the UK, backing renewable energy and infrastructure projects across the country, and supporting more than a thousand highly skilled jobs across the renewables supply chain.
The UK and the Republic of Korea already have a strong relationship on energy security and tackling climate change.
The clean energy partnership will elevate existing areas of bilateral cooperation on energy between the 2 countries, in particular building on the UK-RoK Civil Nuclear Dialogue and the previously agreed UK-RoK Offshore Wind Memorandum of Understanding to accelerate offshore wind deployment.
These agreements will advance the Republic of Korea’s transition to clean energy while creating high-value jobs in the UK’s green supply chain.