ROK to Invest USD5.9 Billion in Energy Storage Industry
ROK to Invest USD5.9 Billion in Energy Storage Industry
  • Korea IT Times
  • 승인 2011.06.20 09:06
  • 댓글 0
이 기사를 공유합니다

South Korea will invest 6.4 trillion won (5.94 billion U.S. dollars) by 2020 in developing energy storage industry, the economy ministry said Tuesday. The government will spend 2 trillion won in research and development (R&D) and invest 4.4 trillion won in building up infrastructure each in the next 10 years along with private companies, the Ministry of Knowledge Economy said in a statement. The plan is aimed at nurturing an indigenous market for energy storage system (ESS), according to the statement.

Energy storage facilities will be of greater significance down the road as renewable energies are expected to have more portion of total power demand. Green energies such as solar and wind power have much volatility in generating electricity depending on weather conditions. The ministry said energy storage is a key factor to stabilize supply and demand of renewable energies when the rate of their use tops 10 percent of total electricity use, adding better storage of power will optimize energy efficiency.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • * Mobile News:
  • * Internet news:
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 070-7008-0005
  • * Email: