Government Launches 'Energy Team Korea'... Targets Overseas Power Infrastructure Markets

Strengthen public-private cooperation among KEPCO, Hyosung Heavy Industries and others; promote K-GX abroad
Support vulnerable regions with solar power and ESS
Consider expanding policy financing and export support

Climate, Energy and Environment Minister Kim Seonghwan is being interviewed by The Asia Business Daily at the Han River Flood Control Office in Dongjak-gu, Seoul. September 21, 2026. Photo by Kim Hyunmin

The government is working to expand overseas opportunities for domestic energy companies in response to the growing use of artificial intelligence (AI) and the global trend toward electrification. It plans to promote Korean Green Transformation (K-GX) abroad through “Energy Team Korea,” which brings together the capabilities of public enterprises such as Korea Electric Power Corporation and private companies, and to develop new business models linking energy infrastructure exports with international cooperation.

The Ministry of Climate, Energy and Environment said it will hold a meeting on “Strategic Responses by Energy Team Korea in the Age of Electrification” on the afternoon of November 12 in the main conference room of the Korea Trade Insurance Corporation in Jongno-gu, Seoul.

The meeting was organized in response to the emergence of the energy infrastructure market as a new growth opportunity, as global electricity demand rises rapidly amid efforts to address the climate crisis and the growth of the AI industry. It will focus on reviewing domestic energy companies’ strategies for entering overseas markets and strengthening cooperation between public enterprises and private companies.

Attendees will include Climate, Energy and Environment Minister Kim Seong-hwan; representatives of public enterprises and private companies in the energy sector, including Korea Electric Power Corporation and Hyosung Heavy Industries; and officials from export-support organizations such as the Korea Environmental Industry & Technology Institute. They will share changes and key trends in the global energy market and discuss promising areas for domestic companies to enter and ways to increase their participation in overseas projects.

In particular, the government will explore ways to promote K-GX abroad, drawing on domestic energy technologies and business experience. The aim is to contribute to the international community’s energy transition while expanding export and overseas project opportunities for domestic companies.

Cooperation projects targeting vulnerable regions overseas facing energy and water shortages will also be a key topic. Discussions will cover supplying electricity using solar power and energy storage systems (ESS); addressing water and food challenges through renewable energy; and building basic infrastructure for daily life, such as schools and hospitals, in connection with electricity supply.

Through these projects, the government plans to develop mutually beneficial cooperation models that contribute to the international community while broadening the foundation for domestic energy companies to expand overseas.

Measures to improve the institutional framework and encourage participation in overseas projects will also be discussed. Drawing on their experience with overseas projects, participating companies and organizations are expected to propose strengthening cooperation between public enterprises and private companies, expanding the use of policy financing, supporting the entry of domestic energy technologies and equipment into overseas markets, and strengthening international cooperation in the energy and water sectors.

“Sharing our energy technologies and experience with the world contributes to the international community and creates new growth opportunities for our companies,” Minister Kim said. “By bringing together the capabilities of the government and the private sector, we will build a Republic of Korea that grows together with the world through energy.”

This content was produced with the assistance of AI translation services.