IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v54y2013icp391-396.html
   My bibliography  Save this article

In-depth analysis on R&D investment and strategy on PV in South Korea

Author

Listed:
  • Park, Noeon
  • Lee, Ki Jong
  • Lee, Kyong Jae
  • Lee, Yun Jie
  • Lee, Kyoungmi
  • Lee, Sang Hyon

Abstract

Photovoltaics (PV) is an eco-friendly and green technology, as a renewable energy source, with the aim of minimizing carbon dioxide emission into the atmosphere. The Korean government has financed various domestic installations as well as research and development (R&D) programs to enter and develop a lead in the worldwide PV market. In this study, R&D investments in the area of PV are analyzed in terms of the respective ministry, performer, research characteristics, PV materials and output levels in detail. The Korean government in the Fiscal year (FY) 2010 provided $178 million dollars from R&D funds for PV development. 74% of the R&D funds in the context of PV has been invested by the Ministry of Knowledge Economy (MKE). Expenditures for R&D programs in terms of PV are mainly funded by small-medium companies (40%), and the portion of the R&D investment in crystalline silicon solar cells is the highest in terms of materials. In spite of the high levels of R&D investment in PV, the output for commercialization was relatively lower compared to the R&D input in FY 2009–2010. With these results, we suggested to develop various solutions to improve the R&D investment efficiency for PV technology in Korea.

Suggested Citation

  • Park, Noeon & Lee, Ki Jong & Lee, Kyong Jae & Lee, Yun Jie & Lee, Kyoungmi & Lee, Sang Hyon, 2013. "In-depth analysis on R&D investment and strategy on PV in South Korea," Energy Policy, Elsevier, vol. 54(C), pages 391-396.
    • Handle: RePEc:eee:enepol:v:54:y:2013:i:c:p:391-396
    DOI: 10.1016/j.enpol.2012.11.024
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421512010063
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2012.11.024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Endo, E. & Tamura, Y., 1998. "Correlation between R&D expenditures and conversion efficiency improvement in R&D on solar cells," Renewable Energy, Elsevier, vol. 15(1), pages 523-526.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Juárez-Luna, David & Urdiales, Eduardo, 2021. "Participación de la capacidad fotovoltaica instalada en México: un análisis benchmarking [Share of installed photovoltaic capacity in Mexico: a benchmarking analysis]," MPRA Paper 114589, University Library of Munich, Germany.
    2. Sungho Son & Nam-Wook Cho, 2020. "Technology Fusion Characteristics in the Solar Photovoltaic Industry of South Korea: A Patent Network Analysis Using IPC Co-Occurrence," Sustainability, MDPI, vol. 12(21), pages 1-19, October.
    3. Kim, Heetae & Park, Eunil & Kwon, Sang Jib & Ohm, Jay Y. & Chang, Hyun Joon, 2014. "An integrated adoption model of solar energy technologies in South Korea," Renewable Energy, Elsevier, vol. 66(C), pages 523-531.
    4. Elie, Luc & Granier, Caroline & Rigot, Sandra, 2021. "The different types of renewable energy finance: A Bibliometric analysis," Energy Economics, Elsevier, vol. 93(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:54:y:2013:i:c:p:391-396. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.