INTIEAKorea · High-efficiency Electric Product SubsidyPolicyIn force

High-efficiency Electric Product Subsidy

This program aims to reduce power consumption and promote energy use rationalization by encouraging use of high-efficiency electric devices that can lower power consumption.   The program promotes the use of high-efficiency electric devices to reduce electricity consumption…

Last changed 7 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Korea · Year: 2001 · Status: In force · Level: National · Type: Voluntary

This program aims to reduce power consumption and promote energy use rationalization by encouraging use of high-efficiency electric devices that can lower power consumption.

The program promotes the use of high-efficiency electric devices to reduce electricity consumption and peak power. This is to encourage the public to rationalize their energy consumption. The program replaces old lighting systems with high-efficiency devices for free for the energy poor such as low-income groups and social welfare facilities. This is to improve their energy welfare.

* low-income groups: General recipients of the basic living assistance program prescribed in the National Basic Living Security Act

* Social welfare facilities: Community and Utility facilities that are reported to the Ministry of Health & Welfare and the Ministry of Gender Equality and Family

Targets of the program include:

- Projects to promote high-efficiency equipment: LED lamps with interior/exterior converter, inverters, coolers

- Projects to promote electricity load management equipment: cold storage systems, remote controlling systems of cooling and heating equipment, peak electricity control system, district cooling systems, gas cooling systems

- Projects to improve energy welfare: High-efficiency fluorescent lamps and LED lamps

Official source: http://www.kemco.or.kr/web/kem_home_new/ener_efficiency/machine_04.asp

Source

https://www.iea.org/policies/8300

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

Related in International

INTEnergy Newsoilprice:oilprice-article-45339NewsIn force

Egypt’s LNG Comeback Is Set to Start in Cyprus

Egypt’s gas sector is running short of domestic gas just as Cyprus prepares to become a producer. The recently approved Cronos project offshore Cyprus (expected to deliver up to 2.8 million tonnes per year of LNG from 2028) offers a three-way bargain. Cyprus gains an export route it cannot economically build alone; Egypt secures feedstock for infrastructure increasingly constrained by falling domestic production, and Europe gains another non-Russian source. The logic is compelling, but technical, commercial and geopolitical risks could still…

21 hours ago
INTEnergy Newsoilprice:oilprice-article-45338NewsIn force

East Africa’s Oil Rivalry Spurs Multi-Billion-Dollar Projects Across The Region

Last month, we reported that Nigerian billionaire and Africa’s richest man, Aliko Dangote, has agreed to build a $17 billion (Ksh2.2 trillion), 700,000-barrel-per-day refinery on Kenya’s Lamu Island that would process crude not only for Kenya but also its neighbors such as Uganda, Rwanda, Burundi, South Sudan and the DRC. The giant refinery--Africa’s second largest refinery behind only Nigeria’s Dangote refinery--would easily exceed East Africa’s current refined fuel demand of roughly 450,000 bpd, leaving room to supply…

22 hours ago
INTEnergy Newsoilprice:oilprice-article-45337NewsIn force

DoE Begins Tests for Fracked Geothermal

The Trump administration is no friend of wind and solar. Axed subsidies and project suspensions have been the attitude towards those alternative forms of energy. Geothermal, however, is something else. The current Department of Energy is very much for it. In fact, it is so much for it that it funded an experiment that would show whether fracking technology could be used to generate geothermal anywhere in the world. Geothermal energy is, simply put, heat. It is heat that is generated from the decay of radioactive elements in the planet’s mantle.…

23 hours ago
INTEnergy Newsoilprice:oilprice-article-45336NewsIn force

Europe Heads Into Winter With Gas Storage at a Two-Decade Low

Europe is heading for the winter with one of the lowest levels of gas in storage in the past two decades as the war in the Middle East crippled LNG supply from Qatar, sent gas and LNG prices in Europe and Asia skyrocketing, and intensified competition for the shrunk pool of readily available global LNG cargoes. A perfect storm of elevated demand for filling depleted storage and electricity during the summer heatwaves, and slashed global LNG supply with Qatar’s cargoes trapped behind the Strait of Hormuz have pushed European benchmark prices…

1 day ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rises_as_iran_deal_hopes_fade-27-aug-2026-184478-article/?rss=trueNewsIn force

Oil Rises as Iran Deal Hopes Fade

Oil rose as doubts grew over a broader US-Iran agreement.

1 day ago