South Korea to fight energy

According to the plan, the South Korean government in 2012, during the period 2013 to spend 2,000 billion won (1.85 billion U.S. dollars), the state-owned enterprises, government agencies, office lighting fixtures with LED lights, all by 2020 is expected to cause public lighting Will use LED bulbs. The Government also plans in the coming years will be fully replaced by LED street lights.

To encourage private enterprises to follow up, the Korean government will be small shops and traditional markets subsidies, and to give the private sector up to 30% of the tax breaks. In 2015 the Korean government will set aside up to 1,000 won as a national subsidy program's budget.

The Committee noted that if the success of South Korea before the end of 2020 will be converted to the National Lighting LED, it would save seven, eight 500,000 kilowatts of electricity generated by fossil fuel power plants. In addition, the expected demand for the new LED lights will bring the domestic market to create a trillion Korean won opportunities.