The Lantau Group’s Post

Korea and end users !

View profile for Mike Thomas

Managing Director at The Lantau Group

Good sessions with end users in Korea yesterday on clean energy options and how the Korean market works. I was reminded that it would be so much easier today for end users to have more agency over their energy costs and mix had the reforms we worked hard on in Korea 25 years ago moved forward. Double shame on the California market meltdown and all those associated with it at the time. The ripple effect of that failure was an petrifying event in Asia. Deflecting several markets from their reforms and entrenching single buyer models around the fundamental idea that the one party that takes no risk (pass thru costs) is somehow always supposed to know best.

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