R&D investment in energy storage by energy technology industry South Korea 2020-2022

Published by
H. Yoo,
Jun 21, 2024

 Among surveyed energy technology companies in South Korea in 2022, around 1.36 trillion South Korean won was invested in energy storage and other power generation. Other power generation excludes generation from fossil fuels, renewable sources, nuclear fission or fusion, hydrogen, or fuel cells. This was a decline of nearly 500 million won from the previous year. 

Research and development (R&D) investment in energy storage and other power generation by the energy technology industry in South Korea from 2020 to 2022 (in billion South Korean won)

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Release date

May 2024

Region

South Korea

Survey time period

2020 to 2022

Number of respondents

2,000 respondents

Special properties

companies in the energy technology industry

Method of interview

Telephone interviews and online survey

Supplementary notes

1,000 South Korean won equals 0.73 U.S. dollars or 0.67 euro as of June 2024.

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