The proposed development of a Northeast Asia Supergrid, Asia’s most high-profile response

to climate change to tackle its huge impact on the global industry ecosystem, will be

discussed at the upcoming Jeju Forum for Peace and Prosperity 2017. The debate will take

place on June 1, the second day of this year’s Jeju Forum, in a session titled “Supergrid and

New Green Opportunities in East Asia” starting at 4:40 pm.

KIM Sang-Hyup, chairman of Coalition for Our Common Future and visiting professor at

KAIST’s Graduate School of Green Growth, will moderate the session, which will have panel

discussions between CHO Hwan-eik, CEO of the Korea Electric Power Corporation; Robert N.

STAVINS, Albert Pratt professor of Business & Government at Harvard Kennedy School and

an expert on international climate agreements; and Frank RIJSBERMAN, director-general of

Global Green Growth Institute.

CEO CHO will talk about the concept and significance of a supergrid as well as about the

evolution of related technologies. Director-general RIJSBERMAN will express his views on

how to address the global energy crisis through cooperation in green technology. Professor

STAVINS will explore the possibilities of collaboration on climate change policies among

Korea, China and Japan and present ways to initiate new cooperation for sharing a common

vision for Asia’s future to better respond to climate change.

Professor STAVINS, also director of the Harvard Environmental Economics Program, has been

a consultant to government agencies such as the United States Agency for International

Development, academic and international organizations, including the United Nations and

the World Bank, and many others. He is a world-renowned scholar in the fields of

environmental economics, market-based policy instruments, innovations and pollution

control technologies, benefit-cost analysis of environmental regulations, and new emission

reduction technologies such as carbon capture.

The concept of a Northeast Asian supergrid was first proposed by SON Jeong-ui, chairman of

SoftBank Group Corp., following the Fukushima nuclear meltdown in 2011. Son envisions a

regional power grid transmitting electricity produced by wind and solar farms in Mongolia to

South Korea and then to Japan. The power companies of Korea, China, Japan and Mongolia

have completed a preliminary feasibility study on a demonstration project interconnecting

their power systems after signing a memorandum of understanding last year. They now

discuss how to develop supergrid business models, coordinate government policies, and

improve laws and regulations.

How to forge a strategic alliance between Korea, China and Japan, which have had different

visions on security issues, is cited as one of the main issues of the supergrid project. Climate

change experts say that supergrids would facilitate rapprochement between the Northeast

Asian countries, expecting that diplomatic capabilities will hold the key to their success.

This year’s Jeju Forum will not only provide opportunities to discuss the proposed supergrid,

but also the new global climate regime. Former U.S. Vice President Al GORE is scheduled to

deliver a speech at a special session, “The Challenge and Opportunity of Climate Change: Is a

Better Growth Possible?” at 9:00 a.m. on June 1. The American former politician, who has

called for carbon-free power production, is expected to deliver a message on Jeju’s “Carbon

Free Island” project as well as speaking about how to balance nature preservation and

economic growth.

The environment track includes other sessions under the titles “Asia’s Sustainable and Green

Growth through Forest Cooperation” (1:00 p.m. on May 31) and “How to Improve Eco-

efficiency for Achieving Carbon-free Society” (2:50 p.m. on June 2). They will be attended by

Batbold DORJGURKHEM, director of WWP Mongolia; António ABREU, vice chair of European

Environment Advisory Council; and Mahesh PRADHAN, chief of the Program Management,

International Environmental Technology Center, UNEP, among others.