Ulsan City Makes Full-Scale Efforts to Promote Distributed Energy

Accelerating Introduction of Differential Pricing in Distributed Energy Specialized Zones

The "Special Act on the Promotion of Distributed Energy" will be enforced starting from the 14th. Ulsan City stated that it took the lead in the passage of the Special Act in the National Assembly by collaborating with local political circles and forming a nationwide consensus for the promotion of distributed energy.

The city announced that, since the promotion of distributed energy is a new breakthrough that can change Ulsan's future, it will focus all administrative efforts on the "designation of distributed energy specialized zones" and the "introduction of regionally differentiated electricity rates."

To designate a distributed energy specialized zone, Ulsan City has been conducting a service to establish a specialized zone plan through Ulsan Technopark from October last year until the end of this year.

Once the plan is completed, the city plans to apply for the designation of a distributed energy specialized zone in the second half of this year, in accordance with the schedule of the Ministry of Trade, Industry and Energy.

In addition, Ulsan is promoting itself as the optimal location for a distributed energy specialized zone through various means, such as holding strategy presentations and forums on the promotion of distributed energy, and establishing and operating a task force for the designation of the specialized zone.

If designated as a distributed energy specialized zone, power producers and consumers will be able to trade electricity directly without going through Korea Electric Power Corporation, allowing consumers in the specialized zone to use electricity at a lower price. Furthermore, the city is actively pursuing the introduction of regionally differentiated electricity rates.

An Ulsan City official said, "Since there is a nuclear power plant with low generation costs, if the Ministry of Trade, Industry and Energy introduces regionally differentiated electricity rates, it will be possible to supply cheap electricity to the region, which is expected to revitalize the local economy by expanding corporate investment."

Ulsan City Hall

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