Korea moves ahead with smart-grid plan

clock • 1 min read

Private sector expected to shoulder most of investment to cut greenhouse gas emissions by 150 million tonnes by 2030 and reduce oil imports by 344 million barrels

South Korea will spend about 27.5 trillion won ($24bn, £15bn) by 2030 building smart electricity grids, according to a statement from the government. The private sector is expected to invest 24.8...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Study: Vertical farming emissions could be offset by solar farm development

Study: Vertical farming emissions could be offset by solar farm development

Researchers at the University of Surrey explore how 'thousands of hectares' of farmland that could be freed up through to expansion of vertical farming might be harnesses to generate solar power

clock 11 June 2026 • 2 min read
 The Data Centre Alliance and Carbon Trust join forces to help data centres decarbonise

The Data Centre Alliance and Carbon Trust join forces to help data centres decarbonise

Collaboration combines the DCA’s industry insight and the Carbon Trust’s expertise in decarbonisation to help sector address rapidly evolving sustainability challenges

clock 10 June 2026 • 2 min read
'The world has changed': Financing for low carbon industrial projects doubles

'The world has changed': Financing for low carbon industrial projects doubles

Mission Possible initiative reveals how pipeline for innovative clean industrial projects is accelerating, as companies and governments look to reduce exposure to fossil fuel imports

James Murray
clock 08 June 2026 • 3 min read