【South Korea and the U.S. Discuss Energy Cooperation Amid Growing Uncertainties】
According to Yonhap News Agency, officials from South Korea's climate and energy department stated on Monday that the two sides discussed ways to strengthen bilateral cooperation in the energy sector against the backdrop of escalating uncertainties in the global market. According to South Korea's Ministry of Climate, Energy, and Environment, Second Vice Minister Lee Ho-hyeon met with U.S. official Kirk Cochrane in Seoul, where they discussed policy measures to ensure the stability of energy supply chains and electricity supply. The ministry also stated that the two sides exchanged views on major energy security issues requiring joint responses, including ensuring grid safety amid rapidly growing electricity demand and the continuous expansion of energy storage systems. Lee Ho-hyeon remarked: "Ensuring the stability of energy supply chains and electricity supply is a pillar of a nation's industrial competitiveness. We hope that this meeting will help both countries jointly address intensifying market uncertainties and strengthen bilateral energy cooperation."
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