The Ministry of Environment (ME) set forth a supplementary revised budget bill worth KRW 695.1 billion to realize the administration’s New Deal initiatives. With the newly secured budget, ME will seek to double the electric trucks and electric two-wheelers on roads, increasing their numbers by 5,500 units and 10,000 units, respectively.
ME is also encouraging water source heat pumps to public buildings investing around KRW 3 billion. As the first step of the promotion, ME and Samsung Medical Center signed an agreement to implement water source heat pumps to the hospital. ME commented that the new heat pump, which will utilize heat energy in river water for the hospital’s heating and cooling, will save 390,000MWh of energy per year.