February 25, 2024

Seoul investigating potential inter-Korean, multilateral electricity cooperation

Unification ministry to spend KRW50 million on "policy alternatives" for future joint projects

South Korea's Ministry of Unification (MOU) is planning research projects on possible bilateral and multilateral cooperation with North Korea in a variety of fields, including electricity production, Seoul said this week.

The announcement, carried on the unification ministry’s official website, said the government would outsource the project, which will research the current situation of the North’s electric power industry.