<산업부 에너지 차관 "산업·에너지 탄소중립 R&D 전략 11월 발표">Deputy Minister of Energy, Ministry of Industry: "Industrial and Energy Carbon Neutrality R&D Strategy to be Announced in November"

[Sejong=Asia Economy Reporter Kwon Haeyoung] Park Ki-young, Vice Minister of the Ministry of Trade, Industry and Energy, announced on the 6th that "we will establish an 'Industrial and Energy Carbon Neutrality Research and Development (R&D) Strategy' to secure core carbon neutrality technologies and announce it in November."

On the same day, Vice Minister Park visited Standard Energy, an energy company located in Yuseong-gu, Daejeon, and held a meeting with representatives of energy innovation companies, announcing this plan.

This field visit was promoted to discuss the direction of fostering energy innovation companies and new energy industries. Energy innovation companies refer to small and medium-sized enterprises and mid-sized companies that provide new services and products in the energy industry by utilizing technology convergence and new technologies.

Representatives of energy innovation companies emphasized the need to expand market channels linked to public procurement, establish a close cooperation system and a co-growth ecosystem among energy innovation companies, large corporations, and public enterprises. They also requested increased financial support for new energy industry sectors such as demand response (DR), energy storage systems (ESS), and renewable energy, and measures to improve business profitability.

Vice Minister Park stated, "The budget for next year (government proposal) for energy transition and fostering new energy industries will be increased by 2.7% compared to the previous year," adding, "We are preparing policies to create and nurture new energy business models suitable for the carbon neutrality era." He continued, "To promote private investment and expand the market size linked to public procurement, we plan to support the formation of a private consultative body among energy innovation companies, venture capital, large corporations, and public enterprises."

Vice Minister Park emphasized, "Carbon neutrality can be an unlimited opportunity to preoccupy the market if innovative technologies are secured," and added, "We will also devote all efforts to establishing the industrial and energy carbon neutrality R&D strategy."

Before the meeting, Vice Minister Park toured Standard Energy’s battery center related to vanadium ion battery technology, as well as performance evaluation and production facilities. Standard Energy was selected as the lead institution for the Ministry of Trade, Industry and Energy’s 'Technology Innovation Small Giant Fostering Project,' successfully commercialized vanadium ion battery technology, and started mass production this year. The company attracted an investment of 10 billion KRW from SoftBank Ventures and was also selected as a 'Technology Pioneer 2021' by the World Economic Forum (WEF).

This content was produced with the assistance of AI translation services.