1. Introduction to the businesses
  2. Energy saving in buildings
  3. Countermeasures 
against climate change
  4. Energy saving 
in transportation
  5. New? renewable 
energy
    1. Goal
    2. A Message from the Director
    3. Overview of KEMCO and NREC
    4. Energy Review in Korea
    5. Energy Review in Korea
    6. Current status of NRE RD&D in Korea
    7. Program for promoting NRE deployment
    8. Program for promoting NRE utilization
    9. International Cooperation
  6. Inspection of heat-using machines and equipment
  7. Energy Audit
  8. Energy Service Company (ESCO)
  9. Support in the form of funds and tax incentives
  10. Integrated Energy Supply (IES)
  11. Consultation for Energy Use plan
  12. Efficiency management system
  13. bottom
HOME > INTRODUCTION TO THE BUSINESSES > New·renewable energy > Program for promoting NRE deployment
Program for promoting NRE deployment
Building Subsidy Program Home Subsidy Program Regional deployment subsidy program Loans and tax incentive program
Building Subsidy Program

The government provides subsidy for NRE facility users to accelerate NRE deployment. The objective of the subsidy program is to create an initial market for new technologies and systems developed domestically, and to establish and activate the deployment infrastructure of commercialized technologies and equipments. These subsidies are classified into two categories which are the test-period deployment subsidy and the general deployment subsidy.

The test-period deployment subsidy program has been initiated to help the developed technologies and systems, which have been verified through demonstration, to advance into the market and to strengthen their competitiveness. Those who want to install NRE systems can be provided subsidy from the government up to 80% of total installation costs through the review process. We have general deployment subsidy program to activate the market for NRE systems, which have been commercialized already, to facilitate consumer choices and to enhance the effects of public relations. The government provides the subsidy up to 50% of installation cost for these commercialized systems.

The government plans to focus its deployment on PV, fuel cell, wind, bio, small wind which will drive the future growth, in order to increase the NRE supply up to 11% in the total primary energy supply by 2030. The government also supports market-friendly areas such as solar thermal and geothermal continuously. The total subsidies provided from 1993 to 2012 amounts to 195 billion KRW ($1=1,200KRW). The status of government subsidy amount and installed systems until now is as follows: