Gumi City Launches Carbon Neutral Transition of National Industrial Complex with 130.2 Billion Won Investment

Government Project Worth 130.2 Billion Won
South Korea's First Representative Model
Building Solar Power, ESS, and Intelligent Power Grid

Gumi City in North Gyeongsang Province has officially launched the transition of its national industrial complex toward carbon neutrality, based on a government-led project worth 130.2 billion won. This structural transformation aims to reduce the electricity cost burden for businesses and strengthen their ability to respond to global carbon regulations.

On March 19, Korea Industrial Complex Corporation and SK Innovation held a briefing session on the 'Carbon Neutral Industrial Complex Representative Model Establishment Project' at the Geumosan Hotel, sharing the project's direction and support measures with tenant companies and related organizations.

This project has been selected as South Korea's first representative model and is a large-scale initiative with a total investment of 130.2 billion won (50 billion won in national funds, 50 billion won in local funds, and 30.2 billion won in private investment). Gumi City plans to transform the energy system within the industrial complex into an eco-friendly and high-efficiency structure to enhance corporate competitiveness.

(Left) Presentation on the 'Carbon Neutral Industrial Complex Representative Model Construction Project' (Right) View of Gumi National Industrial Complex / Photo by Lee Whan Kim

The main components of the project include the construction of a 30MW solar power plant, the installation of an energy storage system (ESS) with a capacity of 59MWh, and the introduction of an intelligent power grid. In addition, the project will establish a circular economy ecosystem for used battery recycling and improve the energy environment throughout the industrial complex to reduce carbon emissions.

In particular, as global carbon regulations such as RE100, CBAM, and DPP become stricter, this project is expected to provide a foundation for tenant companies to respond proactively. It is significant in that it aims to build an integrated structure encompassing energy production, storage, and management.

Gumi City will focus its administrative resources on raising the level of satisfaction among businesses. The city will support companies so they can experience reduced electricity costs on site, and will work to minimize the burden on businesses during the introduction and operation of new facilities.

Jangho Kim, Mayor of Gumi, stated, "Given the scale of this national project, we will focus on providing affordable electricity and facility support that businesses can truly feel," adding, "Carbon neutrality is not a choice but a matter of survival, and we will strive to reduce the regulatory burden on companies and create a sustainable industrial ecosystem."

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