Energy Climate Policy Think Tank
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NEXT group is an independent energy and climate policy think tank contributing to Asia's
net-zero energy transition.
Latest Publications
Latest Publications

A Proposal for Improving the Preliminary Feasibility Study Framework for Offshore Wind Marshalling Ports
Expanding offshore wind deployment requires not only installation vessels but also the preemptive development of supporting marshalling port infrastructure. However, only one port in Korea—Mokpo New Port—currently has practical installation capabilities, raising concerns about potential bottlenecks as deployment scales up. In particular, the preliminary feasibility study (PFS) process required for port development does not adequately reflect the role and operational characteristics of marshalling ports. This issue paper reviews the current PFS guidelines from the perspective of offshore wind marshalling ports and proposes improvements for more realistic benefit assessment.

Defining Low-Carbon Steel in Korea : Technology Pathways under the K-Steel Act
K-Steel Act marks the first policy framework to institutionally support the low-carbon transition of Korea’s steel industry, with the definition and standards of low-carbon steel emerging as a key issue. In the global market, benchmarks such as the EU CBAM, the First Movers Coalition, and SteelZero are taking shape, while conventional BF-BOF routes struggle to meet these standards. Practical transition pathways include the BF–EAF hybrid route, HyREX, and DRI–EAF, each facing challenges related to emissions performance, cost, and supply chains. A multi-technology strategy, rather than reliance on a single pathway, is required, with DRI–EAF positioned as a key option for early market entry. The K-Steel Act should clarify these technological pathways and support an integrated transition strategy aligned with power grid and hydrogen infrastructure development.

A Big Picture for the Inverter-Dominated Future Grid - Advances in Inverter Technology and Grid Stability
As renewable energy deployment expands, power systems are experiencing various forms of instability, including reduced inertia, voltage control limitations, and resonance issues. This report analyzes how successive generations of inverter technologies affect system stability and outlines the key challenges and technical directions for future power grids.
Events
Events

Policy and Investment Strategies for the Clean Transition of Petrochemical Complexes

Strategic Design of the K-Steel Act and K-GX: Low-Carbon Steel Transition and Supply Chain Security
Now it’s time to implement: Roundtable on the Global Energy Storage and Grid Pledge
[Event Review] 2025 East Asia Energy Transition International Roundtable
[Event Review] Power Sector Transformation in Asia: Strategies for a Renewable Future and Grid Flexibility (2025.08.26)
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