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Changes in Government Policy, December 2022

Updated: Sep 5, 2023

Seoul to relax regulations to allow wireless EV charging, IoT on smartphones

The S. Korean government will ease regulatory hurdles to allow wireless charging for electric vehicles and Internet of Things (IoT) access devices, which are expected to attract more than KRW 3.25 trillion (USD 2.37 billion) investment from the private sector for national digital transformation. The ministry said the government will announce frequency spectrums (85kHz) for contactless EV charging within this year after completing applicable legal procedures in Dec. It will also lower the bar for the use of ultra-wideband (UWB) technology for portable devices to make it more convenient to use Internet of Things (IoT) services on smartphones. The government will also improve in-facility equipment inspection for semiconductor manufactures by allowing wireless inspection from outside the building when those facilities are equipped with an electromagnetic wave shielding system.



S. Korea to cut coal's share of energy usage to under 20% by 2030

The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nationwide energy usage to below 20% by 2030, The Ministry of Trade, Industry and Energy said the idea is to have nuclear power account for 32.4% of energy use by 2030, liquefied natural gas (LNG) take up 22.9%, renewable energies 21.6% and coal 19.7%. In addition, carbon-free resources like hydrogen and ammonia will comprise 2.1% and all other forms 1.3%. The revisions are seen as a response to growing energy demand through LNG and renewable power, whose facilities are relatively easy to expand.






 

*This article is extracted from Invest KOREA information center, 2022.


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