Gangwon Special Self-Governing Province has secured 9.86 billion won in government funding for the 2025 new and renewable energy convergence support project. Gangwon Special Self-Governing Province (hereinafter referred to as ‘province’) announced that 16 cities and counties were selected in the 2025 New and Renewable Energy Convergence Support Project contest hosted by the Ministry of Trade, Industry and Energy and the Korea Energy Agency and secured KRW 9.86 billion in national funding. Accordingly, a total project cost of 19 billion won, including local expenses, is planned to be invested.
16 cities and counties, including Chuncheon City, have formed a consortium with local renewable energy companies, and the province has been working to strengthen competitiveness by holding an advisory committee on business plans so that more cities and counties can be selected. As a result, all 16 cities and counties were finally selected after applying for a public offering and public evaluation last June. The national budget of 9.86 billion won is an increase of about 22% (1.8 billion won) compared to this year’s 8.06 billion won.
The New and Renewable Energy Convergence Support Project is a project in which the government provides national funding within the range of 50% of the total project cost to expand and distribute new and renewable energy by district. The province has invested a total of KRW 198.6 billion from 2013 to present (national budget of KRW 1,001). , local funds, etc.) have been invested to supply new and renewable energy facilities to 18,626 locations.
In 2025, the new and renewable energy convergence support project plans to supply facilities such as solar power (6,162 kW), solar power (840 ㎡), and geothermal heat (5,769 kW) to a total of 2,195 places, including general houses, public facilities, and buildings. Through this, we can expect an annual power production effect of approximately 13,853 MWh and a greenhouse gas reduction effect through alternative use of heating oil.
Nam Jin-woo, head of the Provincial Industry Bureau, said, “According to the Gangwon Special Self-Governing Province’s 1st Carbon Neutral Green Growth Basic Plan, we aim to reduce greenhouse gases by 97% by 2030 compared to 2018 and achieve carbon neutrality by 2040, and will continue to pursue low-carbon and eco-friendly policies and new technologies.” “We plan to continue to discover and distribute customized new and renewable energy projects that fit the characteristics of the province, including expanding the supply of renewable energy,” he said.
Reporter Queen Choi Hana
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2024-10-05 07:34:55