Korea Institute of Energy Technology Evaluation and Planning

Offers commercialization and innovation support through research infrastructure, entrepreneurship guidance, and startup pathways.

Korea Institute of Energy Technology Evaluation and Planning (KETEP) is South Korea's national energy R&D funding and evaluation agency under the Ministry of Trade, Industry and Energy. Founded in 2009 under the Energy Act and redesignated as an other public institution in 2023, it manages roughly 1.1 trillion KRW, or about $826 million, a year.

Its work is organized around nuclear power, hydrogen, renewable energy, electric power, energy efficiency, and natural resources plus carbon capture, utilization, and storage. KETEP also runs international joint research, technology-to-market work, policy development, and research-personnel training, with applications handled through IRIS, GENIE, and ETIC. Those portals separate project submission, technical-needs surveys, and policy resources, so applicants move through a structured national R&D system rather than an ad hoc call process.

Eligible applicants are typically Korean universities, research institutes, and companies, with overseas partners allowed in joint projects under a Korean lead. The agency is most relevant for energy consortia that need national R&D backing, especially in hydrogen, SMRs, grid technology, renewables, and CCUS.