|Policy Type:||Research, Development and Deployment (RD&D), Economic Instruments|
|Agency:||Ministry of Commerce, Industry and Energy (MOCIE)|
|Climate Change Description:|
In a bid to boost research in the energy sector, the Ministry of Commerce, Industry and Energy has planned to inject 43.2 billion won for research and development (R&D) projects in 2004. Government funding will be allocated for projects promoting energy conservation, clean energy sources, and technological development of energy resources. The breakdown is as follows: - 25.2 billion won for projects in developing technologies for energy conservation; - 8.6 billion won to develop clean energy sources; - 8.2 billion won for technology development of energy resources; - 1.2 billion for creating foundation for such technologies.
Last modified: Thu, 02 Jun 2016 16:54:41 CEST