Blackouts roll and factory lights flicker, the grid sucked dry by a decade of breakneck industrialization.

Hyundai, whose corporate forebears were instrumental in South Korea's breakneck industrialization decades ago, invoked national pride in its plans for the site.

Industrial hub Ulsan a warning for cooling South Korea ULSAN, South Korea The port of Ulsan was the cradle of South Korea's breakneck industrialization.