Meta Data
Title in national language: 
전원개발촉진법
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2003
Effective Start Year: 
2016
Scope: 
National
Document Type: 
Act
Economic Sector: 
Power
Energy Types: 
Power
Issued by: 
Ministry of Trade, Industry & Energy
Overall Summary: 
The purpose of this Act is to secure the stability of electricity supply and demand and to contribute to the development of the national economy by effectively propelling the electric source development business.
Investment
Financial incentives for energy infrastructure: 
The Government may support part of the needed fund to an electric source developer, if necessary for the smooth execution of the electric source development business.
Governance
Energy institutional structures: 
The purpose of this Act is to ensure the stability of electricity supply and demand and to contribute to the development of the national economy by effectively propelling the electric power resource development business. --- The Propelling Committee for Electric Source Development Business (hereinafter referred to as the "Committee") shall be established in the Ministry of Knowledge Economy in order to deliberate upon important matters concerning electric source development business.