Meta Data
Title in national language: 
에너지법
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2010
Effective Start Year: 
2016
Scope: 
National
Document Type: 
Act
Economic Sector: 
Energy, Power
Energy Types: 
All, Coal, Oil, Power, Gas, Renewable, Other
Issued by: 
Government of the Republic of Korea
Overall Summary: 
The Energy Act aims to contribute to the sustainable development of the national economy and enhancement of the welfare of citizens by providing for basic matters concerning the formulation and implementation of energy policies and energy-related plans to realize a stable, efficient and environment-friendly energy demand and supply structure.
Access
Energy access priorities: 
The State, local governments and energy suppliers shall contribute to the universal supply of energy to every citizen, including the poor.
Efficiency
EE priorities: 
Every citizen shall actively participate and cooperate in the energy policies executed by the State and local governments and endeavor to use energy in a rational and environmentally friendly manner in their daily lives.---Each energy supplier and energy user shall actively participate and cooperate in executing the energy policies of the State and local governments and endeavor to maximize safety, efficiency and environment-friendliness in the production, conversion, transportation, storage, use, etc. of energy.
Environment
Energy environmental priorities: 
Every citizen shall actively participate and cooperate in the energy policies executed by the State and local governments and endeavor to use energy in a rational and environmentally friendly manner in their daily lives---Each energy supplier and energy user shall actively participate and cooperate in executing the energy policies of the State and local governments and endeavor to maximize safety, efficiency and environment-friendliness in the production, conversion, transportation, storage, use, etc. of energy.
Investment
Public Private Partnerships: 
The State and local governments may provide necessary data or financial support to the private sector to facilitate energy-related activities for the public interest.
Governance
Energy management principles: 
Each local government shall formulate and execute regional energy policies, taking into account the purpose of this Act, national energy policies and measures, and regional characteristics. In such cases, matters necessary for formulating and executing regional energy policies may be determined by ordinances of relevant local governments.---The Minister of Knowledge Economy shall formulate a contingency energy supply plan (hereinafter referred to as “contingency plan”) in case a serious failure in energy supply were to occur.
National policy structure: 
Each local government shall formulate and implement regional energy measures, taking into account the purposes of this Act, national energy policies and measures, and regional characteristics.---[E]ach Special Metropolitan City Mayor, Metropolitan City Mayor, Do Governor, or the Governor of a Special Self-Governing Province (hereinafter referred to as “Mayor/Do Governor”) shall formulate and implement a local energy plan (hereinafter referred to as “local plan”) [...] taking into account the regional characteristics of his/her jurisdiction.---In order to ensure efficient achievement of the objectives prescribed in the master plan for energy [...]and development of the regional economy, a Special Metropolitan City Mayor,[...] shall, every five years, formulate and implement a local plan for energy for at least a five-year period[...], taking into account the regional characteristics of the area under his/her jurisdiction.
Energy institutional structures: 
The Government shall establish the Energy Committee (hereinafter referred to as the “Committee”) under the control of the Minister of Knowledge Economy to deliberate on matters concerning major energy policies and energy-related plans.---The Korea Institute of Energy Technology Evaluation and Planning (hereinafter referred to as the “Institute”) shall be established to efficiently support the planning, evaluation, management, etc. of the energy technology development-related projects [...].
M&E of policy implementation: 
The Government shall report the implementation progress of major energy policies and the results thereof to the National Assembly each year.---In order to ensure efficient achievement of the objectives prescribed in the master plan for energy [...]and development of the regional economy, a Special Metropolitan City Mayor,[...] shall, every five years, formulate and implement a local plan for energy for at least a five-year period[...], taking into account the regional characteristics of the area under his/her jurisdiction.
Statistics collection and management: 
The Minister of Knowledge Economy shall compile, analyze and manage statistics on domestic and overseas energy demand and supply for the efficient formulation and implementation of the basic plan and energy-related measures, and announce them to the extent not contravening relevant Acts and subordinate statutes.---The Minister of Knowledge Economy shall compile and analyze statistics on greenhouse gas emissions generated in the use of energy and in industrial process each year and may announce the results thereof.
Technology
Clean energy technology priorities: 
An energy technology development plan shall be formulated, following consultations with the heads of related central administrative agencies and deliberation by the National Science and Technology Council[...].---The Korea Institute of Energy Technology Evaluation and Planning (hereinafter referred to as the “Institute”) shall be established to efficiently support the planning, evaluation, management, etc. of the energy technology development-related projects [...].
Clean energy technology deployment: 
The heads of relevant central administrative agencies may raise an energy technology development project fund necessary for the implementation of the annual action plans [...] to comprehensively and efficiently promote energy technology development projects.---The State and local governments may take administrative and financial measures necessary for academic research and survey, technological development, etc. to achieve the purposes of this Act.