Sustainability | Free Full-Text | Impacts of Green Energy Expansion and Gas Import Reduction on South Korea's Economic Growth: A System Dynamics Approach
South Korea, ranking ninth among the largest energy consumers and seventh in carbon dioxide emissions from 2016 to 2021, faces challenges in energy security and climate change mitigation. The primary challenge lies in transitioning from fossil fuel dependency to a more sustainable and diversified energy portfolio while meeting the growing energy demand for continued economic growth. This necessitates fostering innovation and investment in the green energy sector. This study examines the potential impact of green energy expansion (through integrating renewable energy and hydrogen production) an...
Source: mdpi.com