INTIEAKorea · Basic Plan for the Promotion of the Development, Use and Diffusion of New and Renewable EnergyPolicyIn force

Basic Plan for the Promotion of the Development, Use and Diffusion of New and Renewable Energy

Low-interest loans offered to companies that employ renewable energy technologies, processes and equipment. - A 10% investment tax credit for companies investing in energy RD & D projects. - Priority in receiving tax credits for companies reserving funds to invest in renewable…

Last changed 5 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2001
Last changeAug 23, 2021

Country / jurisdiction: Korea · Year: 2001 · Status: In force · Level: National · Type: Voluntary

Low-interest loans offered to companies that employ renewable energy technologies, processes and equipment. - A 10% investment tax credit for companies investing in energy RD & D projects. - Priority in receiving tax credits for companies reserving funds to invest in renewable energy RD & D. - Plans to strengthen mandatory fixed-price purchases of renewables electricity. - Plans to provide grants for RD & D of renewable technologies up to 75% of capital cost for PV and 25% for wind power. In addition, a green pricing program is under review, more RD & D activities are supported and through project-based business centres, the private sector is encouraged to undertake RD & D activities by providing grants and credits.

Official source: http://www.energy.or.kr/renew_eng/main/main.aspx

Source

https://www.iea.org/policies/4089

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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