1. New & Renewable Energy Center November, 2005

2. contents Basic Plan for NRE Ⅰ Solar PV Ⅱ Wind Power Ⅲ Hydrogen & Fuel Cells Ⅳ International Cooperation Ⅴ

3. 11 types are included in the promotion Act for NRE Ⅰ. Basic Plan for NRE

4. 1.2 %0.2 %- Geothermal 9.8 %1.8 %0.1 % Wind 2.6 %0.3 %0.1 % Photovoltaic 2.4 %1.5 %0.7 % Solar Thermal 7.9 %7.1 %3.0% Bio 9.1 %15.5 %27.6% Hydro 56.5 %72.1 %68.5% Waste 201120062003Resources 5%3%2.1% Shares 1.1 %-- Fuel Cells Ⅰ. Basic Plan for NRE 5% of total Primary Energy Supply by 2011 Goals for New and Renewable Energy supply

5. Creating a solar PV industry based on the domestic hi-tech semiconductor industries Solar PVs Strategic Approach to Technology Development Indigenizing advanced technologies to promote alternative power sources Wind Power closing the technology gaps with developed countries, and deploying distributed power generation Hydrogen/ Fuel cells Ⅰ. Basic Plan for NRE Three Major Technologies - are selected for the investment cost-effective - have great market potential - Implementing projects as consortia to integrate the stages of development, evaluation, verification, and deployment

6. Annual R&D Budget Plan (Unit : Million US$, 1 US$ = 1,100 won) R&D Budgets for Goal Achievement by year 86 103 128 148 184 224 263 303 347 Source : MOCIE (2003) Ⅰ. Basic Plan for NRE

7. Current Status of Solar PV R&D Project Investment Intensive effort started in 1988 under Promotion Act for New & Renewable Energy Development - Total budget(1988-2004) : $41.9 million (government: $26.0 million) - Annual budget(2005) : 13.5 million Key technologies have been developed and commercialized in cells, batteries, and inverters. Total Capacity of solar PV systems is 8.5MW(2004) - share of 0.1%(2,468 toe) in the total new & renewable energy use Major Achievements Ⅱ. Solar PV (1 US$ = 1,100 won)

8. Targets of Solar PV Ⅱ. Solar PV Cell efficiency : 12%(‘03)  18%(‘10) System cost : $13,640/kW(‘03)  $5,450/kW(‘10) Cost reduction through R&D by year 2010 Total Installation of 1.3 GWp by year 2012 Residential homes : 10,000 unit (‘06)  100,000 (‘12) Commercial : 500 unit (‘06)  700 (‘12) Industry : 1,000 unit (‘06)  1,400 (‘12) 7% world market share by year 2010 The sales vol. amounting to $3 billion

9. Major Ongoing R&D Projects ■ Cost reduction technology for single crystalline Si substrate - Period : 2004 ~ 2007 - Total budget : 4.3 million $ ■ BIPV module development - Period : 2004 ~ 2007 - Total budget : 4.9 million $ ■ Improvement of crystalline Si cell efficiency - Period : 2005 ~ 2008 - Total budget : 1.3 million $ Ⅱ. Solar PV

10. Current Status of Wind Power R&D Ⅲ. Wind Energy Intensive effort started in 1988 under Promotion Act for New & Renewable Energy Development - Total budget(1988-2004) : $28.7 million (government: $17.8 million) - Annual budget(2005) : $9.8 million 750kW Wind Power System(Under the Field Test) Total capacity is 28.9MW(2004) in 136 units - share of 0.2%(11,861 toe) in the total new & renewable energy use Project Investment Major Achievements (1 US$ = 1,100 won)

11. Target of Wind Energy Ⅲ. Wind Energy Make Wind Turbine System - 1MW(’05)  1.5MW(’08)  3MW(’12) Decline in system unit cost - 1,200$/kW(’03)  600$/kW(’12) Decline in generation cost - 10 ￠ /kWh (’03)  3 ￠ /kWh (’12) On shore Wind Turbine System - 207MW(’06)  1,587MW(’12) Off shore Wind Turbine System - 5MW(’06)  680MW(’12) R&D Goal Dissemination Goal

12. Major Ongoing R&D Projects ■ Development of 2MW multibrid wind power system - Period : 2004 ~ 2007 - Total budget : 8.8 million $ ■ Design of 3MW wind power system for off shore - Period : 2004 ~ 2006 - Total budget : 0.9 million $ ■ Construction of MW scale off shore wind power demonstration - Period : 2005 ~ 2009 - Total budget : 15 million $ (expected) Ⅲ. Wind Energy

13. Ⅳ. Hydrogen & Fuel Cells Current Status of Hydrogen/Fuel Cell R&D (1 US$ = 1,100 won) Total budget(1988-2004) : $107.8 million - Hydrogen : $14.5 million (government: $19.5 million) - Fuel Cell : $93.3 million (government: $49.2 million) Annual budget(2005) : $22.1 million Development of 3kW PEMFC for RPG Development of 100kW MCFC Development of 80kW class PEMFC hybrid FCV Project Investment Major Achievements

14. Development of 3kW PEMFC for residential use( ~’06) Development of 250kW MCFC for power generation( ~’09) Development of 50kW PEMFC for building( ~’12) RPG for residential use : 10,000 units ( ~’12) PEMFC for buildings : 2,000units ( ~’12) MCFC for utilities : 300units ( ~’12) Target of H 2 & fuel cells R&D Goal Dissemination Goal Ⅳ. Hydrogen & Fuel Cells

15. Major Ongoing R&D Projects ■ Demonstration of 30 Nm 3 /hr hydrogen station - Period : 2004 ~ 2008 - Total budget : 7.7 million $ ■ Development of 200kW PEMFC for bus - Period : 2005 ~ 2010 - Total budget : 44.5 million $ ■ Hydrogen & Fuel cell standardization - Period : 2004 ~ 2007 - Total budget : 0.4 million $ Ⅳ. Hydrogen & Fuel Cells

16. President’s Test-Driving (March 11, 2005)

17. Multilateral Cooperation APEC, IPHE, IEA, REEEP etc. Collaborative R&D Projects - Korea-China : 2004 ~ 2007 →Field Test and Demonstration of 100kWp PV system in Tibet, China - Korea-Mongolia : 2003~ 2005 →Development and Utilization of Renewable Energies for Electrification in Gobi-desert - IPHE project : 2006 ~ → Advanced membrane, Fuel Cell Testing, Safety, Solid State Hydrogen Storage Ⅴ. International Cooperation Strengthening International cooperation Bilateral Cooperation