Signed a business agreement with Korea Industrial Technology Promotion Agency, KEPCO, and Naju Innovation Industrial Complex
[에너지데일리 송병훈 기자] In order to proactively respond to the expansion of the global green energy market and the increase in energy demand in developing countries, KEPCO and small and medium-sized companies are working together to discover and promote a win-win energy development cooperation project (ODA).
According to the Ministry of Trade, Industry and Energy (Minister Sung Yun-mo), the Korea Industrial Technology Promotion Agency, which is a dedicated organization for energy and industrial development cooperation, the Korea Electric Power Corporation with global competitiveness, and the Naju Innovation Industrial Complex Resident Business Council consisting of companies in the Naju Innovation City. On the 22nd, each agency signed an MOU to build a partnership to implement the Global Green New Deal.
The ceremony was held on the 11th floor of the KEPCO Art Center in Seocho-gu, Seoul.
This agreement is part of the follow-up measures to the’K-New Deal Globalization Strategy’ announced by the government on the 13th and the’Comprehensive International Development Cooperation Plan (’21~’25) announced on the 20th.
According to the Ministry of Industry, as the green energy market such as intelligent power grid (smart grid, etc.) and new and renewable energy (solar power, wind power, ESS, etc.) is expanded due to the declaration of carbon neutrality of major developed countries and response to climate change, public enterprises such as KEPCO and private companies, etc. It is an agreement to support competitive domestic companies entering the overseas green energy market and receiving infrastructure orders.
In addition, by providing new and renewable energy models combined with intelligent power grids and energy storage devices that Korean companies have relatively global competitiveness to solve energy shortages in developing countries and promote win-win development cooperation projects that benefit Korea’s national interest. For the sake of
The Ministry of Industry announced that it will promote a’win-win cooperation-type green ODA project’ through cooperation with’Energy Valley’, which is comprised of Korea Electric Power Corporation, a national power company, and 400 energy companies, centering on the’Korea Industrial Technology Promotion Agency’, an energy ODA agency. Revealed.
Energy Valley consists of a joint innovation city in Gwangju, Jeonnam, and local governments in order to establish an industrial ecosystem for new energy industries. As of January this year, 393 companies in the new energy industry have completed investment agreements. Based on the agreement with the’Naju Innovation Industrial Complex Council’, which belongs to the Energy Valley, we plan to cooperate to benefit all companies in the Energy Valley.
Accordingly, KEPCO and Energy Valley private companies plan to discover the demand for development cooperation projects (ODA) in connection with overseas energy development and investment.
As a specialized management agency, the Korea Industrial Technology Promotion Agency (KIAT) plans projects that meet the development strategies of developing countries based on the demands discovered, and domestic energy companies promote the planned ODA projects.
The government plans to support the feasibility study (F/S) support, linkage between grants and grants such as EDCF, and support subsequent project orders through cooperation channels between governments.
Yun-jong Jeon, head of the Trade and Cooperation Bureau, who attended the agreement ceremony, said, “Through this MOU, the Ministry of Trade, Industry and Energy’s Energy Development Cooperation Project (ODA) contributes to carbon neutrality and energy deficiency in emerging economies, while helping domestic energy companies enter emerging markets. “We plan to actively support domestic companies to win orders for follow-up projects through consultations with relevant government departments such as the Ministry of Foreign Affairs and the Ministry of Strategy and Finance.”
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