"The government that ruined the nuclear power plant" vs. "The government that ruined the power industry"
The Financial Times recently reported that the miracle of the Korean economy is coming to an end
It was pointed out as an important point that the "competitiveness of the power industry", which has been the most important pillar that has nurtured Korea's manufacturing industry as a strong player, is collapsing along with Korea Electric Power's excessive debt
Since the advent of the Yoon Suk Yeol government, it has been personally argued that the most absolute condition needed to secure the international competitiveness of the Korean manufacturing industry and the Korean economy in the future is to secure the competitiveness of the power infrastructure, and that at least the Minister of Trade, Industry and Energy should be held by experts in the power sector during his term
The U.S. is also belatedly aware that securing infrastructure in the power sector is essential to foster manufacturing and take the lead in the AI sector, and is reported to push ahead with intensive investment plans in the mid- to long-term from this year
This led to an unexpected case in the U.S. stock market, where the share price of companies related to power infrastructure soared more than that of AI semiconductors
If the Yoon Suk Yeol government continues to appoint non-experts in the power sector as ministers and consistently "no countermeasures" on power infrastructure as it is now, it is highly likely that it will be criticized for "ruining the power industry" after the Moon Jae In government that ruined nuclear power plants
This will be a shortcut to the complete collapse of the Korean economy
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