Policy status:In Force
Date Effective:1993
Policy Type:Economic Instruments>Fiscal/financial incentives
Agency:Ministry of Trade, Industry & Energy (MOTIE), Korea Energy Agency (KEA)
Funding:247 billion won (1993-2014)
Climate Change Description:

To accelerate NRE deployment, the government provides subsidies for installation of NRE facilities such as PV, solar thermal, and geothermal facilities in residential areas, buildings, local provinces, and convergence businesses. Building subsidy program provides subsidies for general buildings except the ones owned or maintained by the government or local governments.

Last modified: Thu, 02 Jun 2016 18:44:54 CEST