![]() ![]() Regulatory reforms, particularly price-setting mechanisms, and consumer engagement are priority areas for policy change.ĭoi:10.1016/j.enpol.2012.02. ![]() A systemic perspective is needed for policy in order to accommodate the changes required for smart grid development. ![]() Major obstacles including partial electricity market reform and public distrust exist. Second, while Korea's government-led approach has its strengths in driving change, it has also exposed weaknesses in the country's ability to mobilise the private sector and consumer participation. e and niche levels has impacted on the development of smart grids. then built (3) a generic user-centered platform for energy management in smart grids allowing the easy integration of multiple devices, the quick adaptation. The complex interactions between these factors at the landscape, First, the development of smart grids in Korea has been shaped by various factors including macroeconomic policy, the role of the government, and experimentation. Drawing on desktop research and semi-structured interviews, this paper has two major findings. This paper examines the motivations, processes and outcomes of the development of smart grids in South Korea through the perspectives of governance and innovation systems. ![]()
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