Korean Energy Technology Evaluation and Planning

What Korean Energy Technology Evaluation and Planning does

KETEP (Korean Energy Technology Evaluation and Planning) is a quasi-governmental public institution (공공기관) operating under the supervision of the Ministry of Trade, Industry and Energy (MOTIE) of South Korea, with headquarters in Gangnam-gu, Seoul and approximately 217 staff. Its statutory role is to evaluate, plan, and manage the lifecycle of Korea's national energy technology R&D portfolio — from demand identification and proposal intake, through technical evaluation and contracting, to performance monitoring and outcomes reporting. Downstream beneficiaries are not paying customers but recipients of state-administered R&D funding: universities, research institutes, power generation companies, renewable energy firms, and individual researchers across nuclear, solar, wind, ESS, hydrogen fuel cells, smart grid, and energy efficiency sub-sectors. KETEP also operates workforce and policy platforms such as the Job Navigator energy careers portal and ESG reporting functions.

The institution operates a portfolio of interconnected digital platforms covering the full R&D lifecycle: IRIS (Integrated R&D Information System) for project submission and management, GENIE for technology demand surveys, ETIC (Energy Technology Information Center) for technology policy and evaluation reports, RCMS for R&D cost management and settlement, RISPEC for public R&D information access, a reviewer registration system for expert evaluators, and a World Energy Market Information platform providing country-specific energy policy, market, and trade intelligence. Consumer-facing channels include a 1899-0784 customer service center, mobile applications, and social media (Facebook, YouTube, Instagram). The institution is not a commercial enterprise; it is government-funded and does not charge users for evaluation services.

The business model is administrative: KETEP receives annual government budget allocations to operate as the designated R&D intermediary for the Korean energy sector. The organization supplements this mandate with non-commercial ecosystem functions — workforce market intelligence (Job Navigator), policy reporting (ETIC), and global energy information dissemination — all without disclosed commercial pricing. Recent strategic moves include the February 2026 MOU with LG AI Research for AI-driven energy sector transformation, the launch of the World Energy Market Information platform, and consecutive A-grade public institution management evaluations in 2024 and 2025.

Name

Korean Energy Technology Evaluation and Planning

Legal name

Korea Institute of Energy Technology Evaluation and Planning

Website

https://ketep.re.kr

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

KETEP is a quasi-governmental institution under Korea's MOTIE that evaluates, plans, and manages the lifecycle of national energy technology R&D projects, serving universities, research institutes, power and renewable energy firms via platforms such as IRIS, GENIE, ETIC, and the World Energy Market Information portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Government Budget Allocation: KETEP operates as a government-affiliated institution funded through national budget allocations for energy technology R&D evaluation and planning

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Korean Energy Technology Evaluation and Planning (KETEP) is a quasi-governmental institution under South Korea's Ministry of Trade, Industry and Energy (MOTIE) that evaluates, plans, and manages national energy technology research and development (R&D) projects. It administers the full R&D lifecycle including project calls, proposal evaluation, contracting, performance monitoring, and outcome reporting across nuclear, renewable energy, hydrogen, power grid, and energy efficiency sectors, supported by a portfolio of digital platforms (IRIS, GENIE, ETIC, Job Navigator, World Energy Market Information, RCMS, RISPEC).

Product overview

KETEP operates a portfolio of interconnected digital platforms and systems that serve Korea's energy R&D ecosystem. The core public-facing offerings are the 세계에너지시장정보 (World Energy Market Information) platform — a global energy market intelligence portal covering policy, trade, bidding, and country-specific data across dozens of nations — and the Job Navigator (일자리 내비게이터), an energy industry career and workforce platform spanning solar, wind, ESS, hydrogen, nuclear, smart grid, and energy efficiency sectors. These are supported by internal-facing R&D management systems: GENIE (기술수요조사) for collecting technology demand surveys, ETIC (에너지기술정책) for technology policy and reporting, IRIS for R&D project submission, RCMS for cost management and settlement, RISPEC for public R&D information access, and an 평가위원등록 system for reviewer management. Together, these form a unified government-backed energy technology evaluation and planning infrastructure covering the full R&D lifecycle from demand identification through project execution, monitoring, and outcomes dissemination.

Differentiator

Problem solved

Functional benefit

Brands

• GENIE: Energy technology demand survey and planning system platform
• IRIS
• ETIC
• Job Navigator
• World Energy Market Information Platform

Products and services

• World Energy Market Information (세계에너지시장정보)

Named customers4 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• LG AI ResearchnotableStrategic or Co-development Partner · 25 February 2026KETEP and LG AI Research signed an MOU for AI transformation in the energy industry. The partnership aims to promote AI adoption across Korea's energy sector through collaborative research and technology development initiatives.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• National Renewable Energy Laboratory (NREL): U.S. DOE national laboratory for renewable energy and energy efficiency R&D. Comparable as a publicly funded energy R&D institution, though NREL performs in-house research while KETEP evaluates and manages external R&D projects.
• National Research Foundation of Korea (NRF): Korea's central government R&D funding body covering all scientific disciplines. Comparable to KETEP as a public R&D funding and evaluation entity, but with broader scope beyond energy.
• Korea Energy Agency (KEA): Korean government-affiliated energy agency overseeing broader energy policy implementation including efficiency, renewables, and supply planning. Comparable as a public energy institution with overlapping mandates in technology promotion, though broader scope than KETEP.
• International Energy Agency (IEA): Intergovernmental organization providing global energy data, analysis, and policy recommendations. Comparable to KETEP's World Energy Market Information platform in providing global energy market intelligence and policy data.
• Korea Institute of Science and Technology (KIST): Korean government-funded multidisciplinary research institute. Comparable to KETEP as a public R&D institution under Korean government oversight, though KIST performs in-house research rather than evaluating external R&D projects.

Direct peers

• ARPA-E (Advanced Research Projects Agency–Energy): U.S. DOE agency funding and managing high-impact energy technology R&D projects. Comparable to KETEP in mandate around funding, evaluating, and overseeing transformative energy technology R&D programs.
• Korea Institute for Industrial Economics and Trade (KIET): Korean government policy research institute for industrial economics and trade. Comparable to KETEP as a public policy/research institution providing data, analysis, and policy support, though focused on industrial economics rather than energy R&D evaluation.
• Korea Evaluation Institute of Industrial Technology (KEIT): Korean government-affiliated R&D evaluation institute under MOTIE. Directly comparable as a peer public institution performing R&D project evaluation, contracting, and policy support — overlapping with KETEP in operational mandate and stakeholder ecosystem.
• New Energy and Industrial Technology Development Organization (NEDO): Japan's national R&D management agency for energy and industrial technologies. Closely comparable to KETEP in role: government-funded project evaluation, planning, and execution oversight for energy technology R&D.

Regional players

• National Energy Technology Laboratory (NETL): U.S. DOE national laboratory focused on fossil energy and carbon management R&D. Comparable as a government-funded energy technology R&D institution, though geographically U.S.-focused and with different energy priorities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCd4Y-cT7aQ39ikhUKWB-LCw
• Facebookfacebook.com/ketep.re.kr/?locale=ko_KR
• Instagraminstagram.com/ketep.re.kr

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Korean Energy Technology Evaluation and Planning