Ministry of Industry, intensive investment in core technologies to realize Green New Deal and carbon neutrality
“Expanding technology development achievements and continuing efforts for safer R&D”
[에너지신문] This year, an increase of 19.1% year-on-year to 1.13 trillion won will be invested in energy technology development. Of this, KRW 2142 billion is expected to be reflected in the new project in the first half.
According to the Ministry of Industry on the 18th, this year’s energy technology development project focused on technically supporting the realization of the Green New Deal and carbon neutrality, and strengthening the connection between technology development and demand and market. In addition, it focused on further strengthening the safety management of R&D projects.
First, in order to technically support the Green New Deal and the realization of carbon neutrality, we will focus on investing in related core technologies such as renewable energy and hydrogen.
To this end, 56 new projects (125.9 billion won) related to the Green New Deal and carbon neutrality, such as renewable energy, demand management, and greenhouse gas reduction, will be promoted in the first half of the year, and investments in hydrogen and fuel cells will also be greatly expanded to revitalize the hydrogen economy.

In detail, the amount of investment in new and renewable energy (31 projects) increased from 354 to 59.9 billion won last year, and demand management (17 projects) from 33.2 billion won last year to 45 billion won. In addition, 21 billion won will be invested in a new project, GHG reduction (8 projects). Technology development related to hydrogen and fuel cells also increased by 52.9% from 82.2 billion won in the previous year to 125.7 billion won.
The Ministry of Industry is planning to continuously discover and plan new tasks to promote low-carbon energy supply structure and efficient energy consumption structure.
It is also planning to expand the connection between technology development and demand/market so that R&D results can lead to purchase of companies in demand and creation of new markets.
To this end, the’Public Energy Leading Investment Project (4.8 billion won this year)’ is newly established through cooperation and investment of public companies, and 17 projects requiring participation of public companies are identified, and participation of public companies in RFP is mandatory. Of the 17 tasks, 10 will be announced in the first half and seven will be announced in the second half.
In addition, so that R&D results can lead to purchases of public enterprises, we plan to lay the institutional foundation for revitalizing demand-linked R&D, and strengthen the connection with subsequent projects such as demonstration and pilot projects after R&D. To this end, the establishment of the’operation guideline for the demand-linked technology development project of public energy enterprises’ is planned, and the’plan to activate public purchase of energy R&D achievements’ in the first half of the year will be established.
In addition, this year, it plans to expand investment in energy safety technology development by 15.8% (261 → 30.2 billion won) and further strengthen safety management in the entire R&D process. To this end, increase investment in the energy safety field, such as new promotion of tasks to improve the safety of hydrogen charging stations and ESS, and add procedures for safety review such as preliminary review by experts and verification of safety management items of energy safety PDs, and project safety management. We plan to strengthen it further. The number of safety management tasks will more than double from 26 in the first half of 2020 to 58 in the first half of 2021.
▼ Major energy safety projects this year
Field |
Content of the project |
Hydrogen charging infrastructure |
Green New Deal Business “Expanding the spread of green mobility”Securing the safety of building a hydrogen charging station in connection with ▪ Development of on-site performance evaluation guidelines for compressors at hydrogen charging stations |
ESS equipment |
3020 Necessary for stable policy implementation of expansion of renewable energy generation ESS Secure safety technology ▪ ESS Fire prevention in installation space‧Block system and maintenance guideline development, etc. |
Finally, we actively support the activation of the local energy industry ecosystem and expand the foundation for continuous technological innovation. To this end, △designated as an’energy-specialized company’ △Established an institutional basis for effective support such as the’Convergence Complex Act’ △Use of public companies R&D, linking to Graduate School of Energy Convergence, linking with various support projects such as discovering new businesses related to key industries, etc. Through this, the energy industry convergence complex is promoted.
Energy-specialized companies are companies with more than 50% of sales related to the energy industry among companies in the fusion complex, and are given benefits such as reduction in local taxes, preferential treatment for local investment subsidies, and additional points for R&D by the Ministry of Industry. As the amendment to the Convergence Complex Act is currently pending by the National Assembly, the basis for supporting specialized companies and designating a dedicated agency is expected to be prepared.
It plans to promote support for energy innovative companies without any problems through commercialization R&D support, revitalization of private investment attraction, energy company status survey, and energy industry classification system improvement. The scale of investment in fostering small and technologically innovative energy companies will increase significantly from 1.69 billion won last year to 4.67 billion won this year.
In addition, through the’Graduate School of Energy Convergence’, we will actively cultivate experts who will support the realization of the Green New Deal and carbon neutrality, secure new technologies, and strengthen strategic international cooperation to advance into overseas markets. The budget for cultivating energy manpower has increased from 38.98 billion won last year to 45.28 billion won this year, and three additional graduate schools for energy convergence are scheduled to be designated in the first half of the year.
Meanwhile, the Ministry of Trade, Industry and Energy announced 119 new tasks for energy technology development in the first half of the 19th. It is worth 195.4 billion won with a total of 24 projects including energy supply and demand technology, and infrastructure development.
Details related to this announcement can be found on the Ministry of Industry’s website (www.motie.go.kr) and the Korea Institute of Energy Technology Evaluation (www.ketep.re.kr), and selected after receiving the business plan from March to April. It plans to determine the project operator through evaluation and provide funding through an agreement by May.
In addition, a business briefing will be held on February 5th online (YouTube) to inform the contents of the announcement, how to apply for the project, and future schedule.
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