Establishing a carbon-neutral R&D strategy in the industrial and energy sectors-The Energy News

The government-industry-institutional strategic meeting to prepare a mid- to long-term roadmap on the 4th
“The key to carbon neutrality is the development of industrial and energy’breakthrough innovation technology'”

[에너지신문] The government is starting to establish a’mid- and long-term R&D strategy’ to achieve carbon neutrality in 2050.

The Ministry of Trade, Industry and Energy announced on the 4th that the Korea Chamber of Commerce and Industry will hold a strategic meeting with related organizations. At this meeting, the plan to establish a carbon-neutral R&D strategy in the industrial and energy sectors is announced, and opinions from industry-academia-researchers are collected.

Including Vice Minister Park Jin-gyu of the Ministry of Industry, steel, petroleum and petrochemical, and solar power-related associations and Korean consultations participate in the industry, and related organizations such as the Korea Energy Economics Institute and the Korea Energy Technology Evaluation Institute also participate.

▲ The Ministry of Environment announced the amendment to the enforcement decree of the'Act on the Allocation and Transaction of Greenhouse Gas Emission Permits' for 14 days from the 23rd.  (Pictured is a bronze statue in the photo section of the 2017 Korea Environmental Love Contest-Samyoung Choi Value of Coexistence, Source: Korea Environment Corporation)
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It is a diagnosis that it is not easy to achieve carbon neutrality as Korea has a carbon-centered energy-intensive industrial structure. On the first day of taking office, Biden’s administration declared a return to the Paris Convention, and the EU is preparing to introduce a carbon border tax in 2023, and carbon neutrality is already emerging as a global order.

Experts argue that the key to achieving carbon neutrality is the development of’breakthrough innovation technology’ that can dramatically reduce carbon in the industrial and energy fields.

The industrial field has been focusing on technology development focusing on efficiency improvement for carbon reduction, but now it is necessary to develop a fundamental new process completely different from the past. In the energy sector, there is an urgent need to dramatically improve the efficiency of solar and wind power generation, develop hydrogen power cycle technology, and develop next-generation power grid technology for renewable energy and hydrogen-centered conversion.

Taking this into consideration, the government plans to establish a mid- to long-term R&D roadmap by 2050 in order to systematically promote the development of carbon reduction technologies.

In particular, the Ministry of Industry, which is responsible for energy (37%) and industry (36%), which accounts for the largest proportion of carbon emissions, proposed a specific R&D plan to realize carbon neutrality.

First, in accordance with the judgment that consensus with the industry to which the actual technology is to be applied is important, it encourages the active participation of the industry in the process of establishing the strategy and continues to communicate. In addition, it plans to cover demands such as energy supply, manufacturing, transportation, and buildings, improve work progress and consistency between fields, and check all possible technologies.

Carbon reduction R&D is aimed at 30 years later. This is because, in a situation where the possibility of success is uncertain, it is necessary to take into account the development of mid- to long-term technologies and system improvement to promote challenging R&D by the private sector.

Carbon-neutral R&D strategy work area (draft) (in parentheses is the share of greenhouse gas emissions)

Energy supply(transform)

(37.0%)

Energy demand

industry (36.0%)

transport (13.5%)

building (7.2%)

renewable energy

Green hydrogen

Next-generation power grid

Efficiency of traditional energy sources

New energy source (Nuclear fusion, etc.)

steel

Petrochemical

cement

essential oil

semiconductor·display

Industry general

car

Shipbuilding

Air conditioning and

efficiency improvement

(Building management, etc.)

Common foundation

CCUS, Resource circulation

To establish this R&D strategy, the Ministry of Industry plans to organize 16 working groups for each major industry in energy supply and demand, analyze the carbon emission status and emission mechanism by sector, derive key reduction technologies, and present a step-by-step technology acquisition schedule until 2050. . In addition, the government, the private sector, and industry-academia-research roles for securing technology will be presented, and if necessary, the’Global Open Innovation’ plan such as introduction of overseas technology will be reviewed.

The Ministry of Industry is planning to start the operation of the working group in earnest and complete the strategy establishment by the third quarter. In the process of work, it plans to conduct consultations with relevant ministries and public hearings for industry.

This work is expected to be reflected in connection with the ‘2050 Industrial Great Transformation Vision and Strategy’, the’Energy Innovation Strategy’ and the’Carbon Neutral Technology Roadmap’, which are the comprehensive plans for carbon neutrality in the industry and energy sectors scheduled to be established by the end of this year.

An official from the Ministry of Industry said, “We plan to apply for a preliminary feasibility study within this year in order to establish a large-scale R&D project centered on the core technologies of the multi-emission industry that will be derived from this strategy.”

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