Korean energy demand in the new millenium: Outlook and policy implications, 2000-2005

Sung Hyun Kim, Tae Heon Kim, Youngduk Kim, In Gang Na

Research output: Contribution to journalArticlepeer-review

19 Scopus citations

Abstract

This paper examines dynamic conditions surrounding South Korean energy demand upon entering the new millenium. Korean energy consumption grew very rapidly during the 1990s, but was hit severely by financial crisis of 1997 and is again rapidly recovering. Our aim in this paper is to review the recent trends and make projections for the near future. After reviewing the 1990s, we present forecasts on energy demand for 2000-2005. We also present scenario analysis where the best and the worst case scenarios are discussed.

Original languageEnglish
Pages (from-to)899-910
Number of pages12
JournalEnergy Policy
Volume29
Issue number11
DOIs
StatePublished - Sep 2001

Keywords

  • Econometric model
  • Energy demand forecast
  • South Korea

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