Korean investment heavily to build renewable energy power
South Korea said Wednesday a total of 2015 to invest 40 trillion won (about $ 36 billion) for the development of renewable energy, as a new growth engine to promote South Korea as the world s top five renewable energy power.
Xiamen University, China Energy Economic Research Center Lin Boqiang on the 15th accept China news agency reporters interview that "$ 36 billion investment over five years, not much in the energy sector, China s annual investment on power alone has reached 300 billion yuan, a figure also does not include other project costs, including power generation, but South Korea s own small land area, it would appear there is a sense of investment. "
Under the plan, the South Korean government and the private sector in 2015 will inject seven trillion won and 33 trillion won for the development of core technologies of renewable energy.
According to the "Korea Times" reported on the 13th, the South Korean government last month announced a series of measures to promote the Korean government agencies and private businesses to use renewable energy. New initiative provides next year, the office area of ??more than 1,000 square meters of public buildings, 10% of its energy needs from renewable energy generation must be received by 2020 this proportion to be 20%.
In this regard, said Lin Boqiang, "South Korea s economic development planning in the energy has been done to the fine in China and South Korea at different stages of planning practice is relatively coarse, South Korea, the detailed energy plan is a reference to our role."
South Korean Ministry of Knowledge Economy said in 2015 the global renewable energy industry will reach $ 400 billion. If the project is successfully implemented, then South Korea will create 110,000 jobs.
Lee Myung-bak of Seoul, said at a conference, "As semiconductor manufacturing and shipbuilding, as we can be solar, wind and other renewable energy industry become a pillar industry of China s economy."
For South Korea s ambitious renewable energy development planning, said Lin Boqiang, "China s renewable energy development is not worse than South Korea. Everyone s starting point are similar, but our market is great, but needs to master the most important renewable energy technology innovation, guide enterprises to transform ideas to develop, so as to field of renewable energy in the future to stay ahead. "