Natural Resources and CCUS R&D
Funds Korean initiatives advancing natural resource efficiency and carbon capture, utilization, and storage pathways.
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.
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