INTIEAKorea · Residential deployment subsidy programPolicyIn force

Residential deployment subsidy program

In an effort to improve the energy supply & demand condition and to promote the development of regional economies by supplying region-specific New Renewable Energies (NRE), the government has been promoting regional deployment subsidy programme designed to support various…

Last changed 14 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 1996
Last changeJul 25, 2012

Country / jurisdiction: Korea · Year: 1996 · Status: In force · Level: National · Type: Voluntary

In an effort to improve the energy supply & demand condition and to promote the development of regional economies by supplying region-specific New Renewable Energies (NRE), the government has been promoting regional deployment subsidy programme designed to support various projects carried out by local governments. This programme,initiated in 1996, supported both NRE and energy-saving areas until 2005. However, the two areas have been divided in 2005 in accordance with the promotion Act for NRE development, Utilization and Deployment. Depending on the support ratio of the government subsidy and the nature of project, subsidies can be classified into two categories: subsidy to the construction fo the plant and to the installation of NRE systems. For the first category, the programme supports feasibility studies, human resources development and public relations for development and utilization of region-specific energy (supports up to 100%). However, this infrastructure building programme was ended in 2009 since the local governments have been capable to manage local - fit NRE programs. The subsidy for installing NRE programmes: deployment of NRE systems such as PV and wind power etc (supports up to 50%).

Source

https://www.iea.org/policies/5098

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45352NewsIn force

Europe’s Russia Sanctions Have a Major Blind Spot

Over the last two years, the EU and UK have emerged as leading actors in imposing sanctions on Russia. But people like Maria Demertzis, Professor at the European University Institute in Italy, have raised questions around the effectiveness of the sanctions campaign, as European institutions continue to operate profitable subsidiaries in the country with little scrutiny. UK and EU regulators should broaden their sanctions campaign by increasing scrutiny of European businesses that remain economically exposed to Russia. The new UK Foreign Secretary,…

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/petrobras_considers_exporting_lng-28-aug-2026-184485-article/?rss=trueNewsIn force

Petrobras Considers Exporting LNG

Brazil's national oil company is exploring the prospect of exporting liquefied natural gas from its giant offshore fields.

INTEnergy Newsoilprice:oilprice-article-45341NewsIn force

The AI Boom Could Triple Data Center Water Use by 2030

The massive data center capacity scale-up underway has focused attention on the scale of water required for these facilities to operate. Rystad Energy estimates that without water-saving measures in place, global water consumption by data centers could rise to 644 billion liters per year by 2030. However, active mitigation could reduce demand to 388 billion liters, representing worst- and best-case scenarios as data center capacity ramps up, driven largely by the growing adoption of artificial intelligence (AI) in everyday life. Forecasting the…

INTEnergy Newsoilprice:oilprice-news-45354NewsIn force

Venezuela Helped Build OPEC. Now It May Help Break It Apart

Venezuela helped create OPEC. More than six decades later, it is considering walking away, and Washington appears perfectly happy to hold open the door. Caracas is weighing whether to leave the Organization of the Petroleum Exporting Countries, Bloomberg reported Friday, citing people familiar with discussions that have included U.S. officials. No final decision has been made. Venezuela produced about 1.117 million barrels per day (bpd) in July according to OPEC’s secondary sources, and is currently exempt from OPEC production quotas after…

INTEnergy Newsoilprice:oilprice-article-45342NewsIn force

Russia’s Energy Crisis Puts Kazakhstan in a Tough Spot

Kazakhstan is trying to keep the Kremlin at arm’s length amid Russian efforts to lean on Central Asian states for help in bolstering Moscow’s staggering war economy. Ukraine’s ongoing drone campaign has inflicted severe damage on Russia’s energy infrastructure and its military-industrial complex, prompting Russian officials to seek emergency energy supplies and refining arrangements from Central Asian states, while exploring offshoring options for arms production. …