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In boost to AI industry, South Korea approves special act on national power grid

( March 18, 2025, 08:59 GMT | Official Statement) -- MLex Summary: South Korea’s cabinet council approved today the special act on the national power grid expansion, putting it on course for full enforcement in six months. The law stipulates the establishment of a national committee to mediate conflicts between stakeholders about any project to expand the national power grid, marking a big boost for artificial intelligence and other strategic industry projects sometimes stymied by conflicts over quick expansion of the power grid. Trade, Industry and Energy Minister Ahn Duk-geun said in a statement that the act is expected to reduce opposition demonstrated by some residents to the national power grid and resolve delays in licensing.The statement, in Korean, is attached....

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