Mar 17 • 01:47 UTC 🇰🇷 Korea Hankyoreh (KR)

Sunchon City to Hold Discussion on 'RE100 Semiconductor Industrial Complex and Corporate Attraction' on March 19

Sunchon City in South Korea will host a discussion on establishing an RE100 semiconductor industrial complex and related corporate attraction focused on promoting carbon neutrality and balanced growth.

Sunchon City, located in South Jeolla Province, is set to hold a discussion on March 19, focusing on establishing an RE100 semiconductor industrial complex and attracting related enterprises. This initiative is significant in light of the power supply challenges faced by semiconductor industrial complexes like those under development by Samsung Electronics and SK Hynix in Gyeonggi Province. Addressing the imbalanced power supply dynamics, the meeting aims to propose a regional development model that emphasizes job creation and sustainable energy production in South Jeolla.

The discussion will explore alternatives to the traditional model of transmitting energy from regions with surplus generation (such as South Jeolla) to the capital area, seeking to establish a more locally-focused industrial strategy. With the establishment of a national semiconductor industrial complex covering 120,000 pyong (approximately 396,000 square meters), Sunchon aims to attract major semiconductor firms as well as material and component suppliers. This effort aligns with previous advocacy efforts made by Sunchon to get regional support for the RE100 initiative, leading to the formation of specialized task forces.

Renowned energy expert Professor Jeon Yeong-hwan from Hongik University will present findings related to the existing power supply issues in the capital area. He is expected to delve into the concentration of over 40% of the capital's power demand and analyze structural limitations of long-distance transmission policies. Ultimately, the meeting seeks to convey a clear message that solutions to the challenges posed by energy supply must shift towards local energy production and the creation of RE100 industrial complexes, rather than relying solely on expanding existing transmission networks.

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