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Natural Resources and CCUS R&D Program

Natural Resources and CCUS R&D

Funds Korean initiatives advancing natural resource efficiency and carbon capture, utilization, and storage pathways.

Between cyclesKorea Institute of Energy Technology Evaluation and PlanningSouth Korea

The Korea Institute of Energy Technology Evaluation and Planning (KETEP) issues annual competitive R&D grants for natural resources and carbon capture, utilization, and storage (CCUS) technology under the Ministry of Trade, Industry and Energy (MOTIE). KETEP, established in 2009 and managing approximately USD $826 million in energy R&D in 2025, administers this program as one of its six core areas…

Funds Korean R&D in critical mineral recovery (Ti, Mo, Li, Ni), lithium-cobalt-REE recycling from spent batteries, and CCUS covering CO2 capture, domestic pilot storage sites, and integrated CCU for the refining and steel industries.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: ketep.re.kr