"Reducing Corporate Burden by Utilizing Carbon-Free Energy"

Ministry of Trade, Industry and Energy-Korea Chamber of Commerce Jointly Launch 'CFE Forum'

The Ministry of Trade, Industry and Energy and the Korea Chamber of Commerce and Industry have established the 'CFE Forum' and held its launch ceremony on the 17th as a platform for discussions to expand the use of Carbon-Free Energy (CFE) and develop strategies for its international dissemination.

The forum includes major domestic energy-consuming companies such as Samsung Electronics, LG Energy Solution, SK Hynix, and POSCO; industry-specific associations and organizations; public power generation companies; private energy companies like GS Energy and Doosan Enerbility; as well as numerous experts. This is to gather broad opinions and facilitate substantive discussions.

Seoul Jung-gu Korea Chamber of Commerce and Industry. / Photo by Jinhyung Kang aymsdream@

The forum will review a carbon-free energy certification system suited to our circumstances in advance and actively participate in the future formation of international standards. It plans to prepare a plan for introducing a carbon-free energy certification system within this year and conduct pilot projects next year. At the same time, efforts will be made to build international consensus for the spread of carbon-free energy by fully mobilizing networks held by the government and companies.

Minister Lee Chang-yang emphasized in his opening remarks, "RE100 is a meaningful campaign, but it is also true that it places a significant burden on companies given our conditions," adding, "We need to review policies and systems suited to our reality through a comprehensive approach utilizing the concept of carbon-free energy."

The Ministry of Trade, Industry and Energy stated, "The CFE Forum plans to begin full-scale activities from July through internal organizational arrangements centered on the Korea Chamber of Commerce and Industry," and added, "We will start discussions keeping all possibilities open under the principle of harmoniously pursuing the two values of responding to the climate crisis and ensuring stable and economical energy supply, while establishing policy directions that benefit us."

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