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Electric Power Industry R&D Program

Electric Power Industry R&D

Funds research in electric power systems to strengthen Korea’s grid modernization and energy platform innovation.

Between cyclesKorea Institute of Energy Technology Evaluation and PlanningSouth Korea
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About

The Korea Institute of Energy Technology Evaluation and Planning (KETEP) issues annual competitive R&D grants for electric power system technology under the Ministry of Trade, Industry and Energy (MOTIE). KETEP was established in 2009 under Article 13 of Korea's Energy Act and managed approximately USD $826 million in innovative energy R&D in 2025. The Electric Power Industry R&D program is one of…

What this grant funds

Funds R&D across Korea's full-cycle electric power system: grid infrastructure, smart transmission and distribution, clean thermal power, and energy storage systems (ESS) including next-generation distributed grid technology.

Key facts
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.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Timeline

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