Published online by Cambridge University Press: 14 March 2025
There are many ways that an economy can be greened. Building vast new renewable energy manufacturing industries is one pathway – as pioneered by China. Deploying extensive renewable power generation systems is another pathway – as demonstrated by Germany with its Energiewende. Yet another route is pursuing R&D led strategies and strategic initiatives via the military, as shown by the US. Now Korea demonstrates another pathway, one based on liberalization of its power generation system (to promote competition) and development of the IT-enabling of its electric power grid (smart grid) with a characteristic modular approach to smart grid construction, utilizing microgrids.