North Korea exploring sanctions-proof energy technologies - EcoFinBiz Blog

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North Korea exploring sanctions-proof energy technologies

NAMPO, Korea, Democratic People’s Republic Of — Power-strapped North Korea is exploring ambitious alternative energy sources — tidal power and coal-based synthetic fuels — that could greatly improve living standards and reduce its reliance on oil imports and vulnerability to sanctions.

Finding a lasting energy source that isn’t vulnerable to sanctions has been a priority for North Korean officials. Leader Kim Jong Un used his New Year’s address to call on the country to “radically increase the production of electricity” and singled out the coal-mining industry as a “primary front in developing the self-supporting economy.”

Since further development of atomic energy is unlikely anytime soon, the power-scarce country is developing technology to “gasify” coal into substitute motor fuels. It also is looking into using sea barriers with electricity-generating turbines to harness the power of the ocean’s tides.

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