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De facto member country
- Korea formally applied for accession in April of 2001. Since then, it has enjoyed the status of a "de facto member country." In order to meet a central requirement of full membership in the Agency, the Seoul government has set aside emergency oil stocks equal to 90 days of oil imports.
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Korea aims to leverage the fourth industrial revolution for its energy transition and to foster green growth by means of low-carbon technologies and clean energy. Due to Korea’s high share of coal-fired power generation, the carbon intensity of its electricity mix is above the IEA average.
- Membership - About - IEA - International Energy Agency
The IEA is made up of 31 member countries. In addition,...
- Korea Joins International Energy Agency; Becomes IEA’s Twenty ...
Korea was invited today to become the twenty-sixth Member of...
- Membership - About - IEA - International Energy Agency
May 22, 2024 · The IEA is made up of 31 member countries. In addition, thanks to its successful open door policy to emerging countries, the IEA family also includes thirteen association countries. Five countries are seeking accession to full membership, Chile, Colombia, Israel, Latvia and Costa Rica.
Apr 20, 2001 · Korea was invited today to become the twenty-sixth Member of the Paris-based International Energy Agency. "We heartily welcome the Koreans," said Robert Priddle, the IEA’s Executive Director. "Their membership will strengthen the Agency presence and influence in the Pacific Region."
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 [2] association countries of the IEA represent 75% of global energy demand. [1]
The Korean government is committed to substantially increasing the share of renewable energy sources in the electricity supply, gradually phasing out coal and nuclear power from the energy mix, significantly improving energy efficiency, and fostering the country’s nascent hydrogen industry.
Korea has been actively involved in international discussions on energy as a member of the IEA since 2002. We greatly value its engagement with the Agency and our work, and
Compared to the other 22 member countries of IEA Bioenergy (expressed per capita), South Korea ranks halfway for liquid biofuels and renewable MSW, and in the low end for solid biofuels and biogas.
