National Innovation Pathway
Under the goal of achieving Net-zero by 2050, South Korea announced a ‘Net-zero technology innovation strategy’ in March 2021. This challenging strategy is built on the premise that innovation is a key to achieving Net-zero. Innovative technologies will reduce the burden of realizing Net-zero and turn Net-zero into an opportunity for new growth in the energy industry.
Net-zero technology innovation would focus on ten key technologies such as below.
① Ultra-high efficiency of PV and the larger size of wind power
② Hydrogen cycle technology
③ Bio-energy leading technology
④ CCUS commercialization technology
⑤ Low-carbon conversion of steel and cement industry
⑥ Low-carbon, next-generation petrochemicals
⑦ Maximization of industrial process efficiency
⑧ Carbon-free, next-generation transport
⑨ Carbon-neutral building
⑩ Digitalization-based efficiency optimization