GS Caltex-Korea Energy Foundation, Completion of First Household in Public-Private Joint Energy Efficiency Improvement Project

GS Caltex is supporting the government's energy efficiency improvement project for low-income households, helping energy-vulnerable groups and engaging in activities to reduce carbon emissions.

On the 23rd, GS Caltex held a completion ceremony for the first household of the public-private joint project to improve energy efficiency for low-income households in Jinwi-myeon, Pyeongtaek-si, Gyeonggi-do, attended by Kim Jeong-su, Vice President of GS Caltex, and Joo Young-nam, Secretary General of the Korea Energy Foundation, and inspected the construction site.

Huh Se-hong, President and CEO of GS Caltex. Photo by GS Caltex

GS Caltex decided to participate in the government's energy efficiency improvement project for low-income households in February this year and donated 10 billion KRW to the Korea Energy Foundation, the project implementing agency. Since then, GS Caltex and the Korea Energy Foundation have closely cooperated to identify beneficiary households for the energy efficiency improvement public-private joint project and completed the first household.

The Korea Energy Foundation has been conducting projects to improve the energy usage environment for energy-vulnerable groups through government subsidies for insulation and window construction, floor heating installation, and distribution of cooling and heating equipment. With GS Caltex's participation in this project, beneficiary households will receive additional support for construction items, combining existing government subsidies with GS Caltex's sponsorship funds.

The household selected as the first for the private joint project received installations such as insulation, windows, and wallpapering, and starting with this first household, energy efficiency improvement construction will be carried out for a total of 9,100 households nationwide.

GS Caltex supported the government's energy efficiency improvement project for low-income households to help energy-vulnerable groups and engage in activities to reduce carbon emissions. The photo shows construction company employees installing insulation at the first public-private joint project household located in Jinwi-myeon, Pyeongtaek, Gyeonggi-do. Photo by GS Caltex

According to research reports from the Energy Technology Institute and others, households receiving support for energy efficiency improvement construction through this project are expected to achieve energy-saving outcomes such as reduced heating energy demand, decreased energy costs, and reduced carbon dioxide emissions.

Kim Jeong-su, Vice President of GS Caltex, stated, "We expect this energy efficiency improvement public-private joint project to be a meaningful starting point for improving the living environment of energy-vulnerable groups and realizing carbon reduction through energy savings." He added, "The current energy crisis we face is not a problem that can be solved quickly, and energy saving and efficiency are becoming increasingly important. Therefore, GS Caltex, as an energy company, will actively continue to support activities to improve energy efficiency for low-income households to fulfill our social responsibility."

Meanwhile, in January, GS Caltex provided 300 million KRW worth of heating oil to energy-vulnerable groups facing economic difficulties, and employees volunteered to deliver heating oil by visiting Guryong Village in Gangnam-gu.

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