APEC-VC Korea

INDUSTRY SPOTLIGHT

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Title CCS (Carbon Capture & Storage) Policies and Market Trend of Korea
AttachFile 17IS-95-CCS_(Carbon_Capture_&_Storage)_Policies.pdf  Date 2017-12-06
Contents
1. Overview
- The Presidential Committee on Green Growth (PCGG), and associated government departments established the National Green Growth Strategy and Five-Year Plan Milestones focused on the CCS technologies prospective in terms of climate change response and economic aspects.
- Korea has set a goal of advancing to the world CCS technology power up, and has succeeded in developing the core original technologies by 2020, and constructing, verifying & commercializing of integrated plant comprising the entire CCS processes focusing on securing the internationally competitive technologies.
- The Korean Government sets the target of achieving the sales of approximately KW 100 trillion, creating jobs and reducing 2.3 million tons of carbon dioxide up by 2030.

For more information, see the attached file.
 
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