earticle

영어

The purpose of this paper is to examine the nature of energy security, which has emerged as a key issue in the main international political and economic arena. Due to the simultaneous global economic crisis and political instability in the Middle East and oil producing countries, an analysis of cooperation factors in South Korea-China energy security is needed to cope with these issues. In this context, this paper argues the need for energy cooperation between Korea and China, as both are vulnerable countries in terms of energy security, and reviews actual mutual tasks in energy cooperation by sector. Based on these findings, this study seeks to argue for the formation of a Northeast Asian Energy Community by diagnosing the possibility of a systematization of mutual energy cooperation. For the systematization of energy cooperation for both countries, this paper presents the launch of strategic dialog for energy security, private sector’s cooperation fortification in the renewable energy sector and signing an energy swap agreement between Korea and China.