Policy status:Superseded
Date Effective:1992
Policy Type:Research, Development and Deployment (RD&D), Economic Instruments
Agency:Ministry of Commerce, Industry and Energy (MOCIE)
Funding:$34 million
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