1st Cooperation Committee Meeting

The first Cooperation Committee Meeting of the Korean-German Energypartnership was successfully held to discuss the results of the cooperation so far and set the goals and priorities for the future activities within the energy partnership.

Dr. Dominik Schnichels, Director General of External Economic Policy at teh Federal Ministry for Economic Affairs and Climate Protection and Mr. Young-Ghil Cheon, Deputy Minister for Energy Industry at the Ministry of Trade, Industry and Energy (MOTIE), opened the meeting with an update on current energy policy in the two countries and a fruitful exchange on national and global energy related challenges and approaches to address them. Both sides stressed the need to deal with rising energy prices and the importance of shielding vulnerable groups. Furthermore, the social acceptance of renewable energies, offshorewindenergy , energyefficiency, energy-storage systems, EVs, smart grids, and green hydrogen certification were among the many topics discussed. These topics will be followed-up upon further in the respective working groups on Energy Transition and New Green Energy Technologies.

Furthermore, the past and future Korean-German Energy Day was discussed. The last event in December 2022 on the economic potentials of net zero was already the 4th KGED in the history of the Korean-German dialogue on energy-related issues, bringing together decision-makers from policy, industry and research. The fifth edition of the format is expected to take place at the end of May 2023 back-to-back with the World Climate Industry Expo 2023 in Busan, Korea.

In conclusion, all participants of the meeting acknowledged the good cooperation so far and expressed their motivation to further deepen the exchange within the partnership in the future.