@inbook{55795ef685064fd28f1d098cb017aed9,
title = "Governing the transition of socio-technical systems: A case study of the development of smart grids in Korea",
abstract = "This chapter examines the motivations, processes, and outcomes of the development of smart grids in South Korea through the perspectives of governance and innovation systems. Drawing on desktop research and semi-structured interviews, this chapter has two major findings. First, the development of smart grids in Korea has been shaped by various factors including macroeconomic policy, the role of the government, and experimentation. The complex interactions between these factors at the landscape, regime, and niche levels have impacted on the development of smart grids. Second, while Korea{\textquoteright}s government-led approach has its strengths in driving change, it has also exposed weaknesses in the country{\textquoteright}s ability to mobilise the private sector and consumer participation. Major obstacles including partial electricity market reform and public distrust exist. A systemic perspective is needed for policy in order to accommodate the changes required for smart grid development. Regulatory reforms, particularly price-setting mechanisms, and consumer engagement are priority areas for policy change.",
keywords = "Europe, Marketing, Meso, Transportation, Upscaling",
author = "MAH, {Daphne Ngar-yin} and {van der Vleuten}, {Johannes Marinus} and Ip, {Jasper Chi man} and Peter Hills",
note = "Funding Information: Another landscape factor is Korea{\textquoteright}s long-standing reliance on government-funded institutes as a bridge between government and industry. A key institute for smart grids is the Korea Smart Grid Institute (KSGI). The Ministry of Knowledge and Economy (MKE) is the government agency which is responsible for formulating and implementing the national smart grid vision and policies. KSGI is in effect the executive arm of MKE. Fully funded by the government, KSGI is designated as the secretariat for smart grid initiatives, and it is responsible for implementing the national smart grid roadmap, managing the Jeju Smart Grid Testbed, and coordinating and managing R&D funding.",
year = "2014",
doi = "10.1007/978-1-4471-6281-0_13",
language = "English",
series = "Green Energy and Technology",
publisher = "Springer Verlag",
number = "9781447162803",
pages = "259--277",
booktitle = "Green Energy and Technology",
address = "Germany",
edition = "9781447162803",
}