Seoul issues policy document to support energy storage

Does Seoul have a good energy policy?

Seoul’s energy policy, One Less Nuclear Power Plant, is praised for having provided a successful local energy model. Despite the limitations of a local government, the project is deemed to have brought about change and achieved a successful policy model through unique projects.

Why is Korea pursuing a shift in energy policies?

Not only Korea but also other major advanced countries are pursuing a shift in their energy policies. Seoul has oriented itself towards the reduction of greenhouse gases and the expansion of renewable energy to respond to the energy crisis.

How will Seoul become a city of energy?

Seoul will become a city that generates energy, a city that is safe from power crises, and a city that fulfills its responsibilities. In the process, we seek to realize the three energy values of energy self reliance, sharing, and participation. Green Capital Seoul! A home to the green industry

How will Seoul create sustainable and quality jobs?

Seoul will create sustainable, quality jobs by fostering the energy industry. Seoul’s Green Energy industry faced dificulties in expanding as it was only conducted on a small scale, but the industry provides the IT technologies favorable to large cities, such as BEMS and smart grid, to the public sector.

What does Seoul's '2022 comprehensive plan for solar power' mean?

With the announcement of the “2022 Comprehensive Plan for the City of Solar Power,” Seoul offered support for the central/local government expenditures to fire stations, Arisu Water Purification Center, and community health centers as a way to distribute sunlight generation plants in public sites.

How much did South Korea invest in the energy transition?

South Korea’s investment in the energy transition came in at $25 billion last year. A clear and consistent policy framework is necessary to boost investor confidence and match the spending needs of a net-zero future.