Neutrinos are emerging as one of the most potential sources of energy for the future, and Korea is poised to lead a cutting-edge energy initiative utilizing them to solve humanity’s energy crisis.
The CEO of the private science and technology company Neutrino Energy Group, which developed the neutrinovoltaic technology, Holger Thorsten Schubart, recently disclosed plans to begin mass production of 30 GW by 2029 and eventually expand to 300 GW per year after the technology is tested in South Korea in the second half of 2024.
The annual manufacturing of 300GW of neutrinovoltaic panels, which can produce power continuously for 24 hours, is a massive scale that will fundamentally alter the world energy industry. The magnitude of the challenge can be seen by comparing the domestic power generation capacity of 130GW and the annual production of solar panels in Korea of around 10GW.
In contrast to solar panels, which can only generate electricity during the day when there is sunshine, neutrinovoltaic power generation panels may generate electricity 24 hours a day by harnessing the power of neutrinos and other non-visible radiations. The successful development of this high-tech product has recently received a great deal of interest from both the scientific community and the general public.
The CEO of Neutrino Energy Group, Dr. Holger Thorsten Schubart, announced earlier this year that Neutrinovoltaic Technologies & Industries Korea (NVTIK), a subsidiary of Neutrino Energy Group, would be established as a research and production hub for applications of Neutrinovoltaic Technologies with an investment of €1 billion.
The establishment of NVTIK in Korea will provide all relevant patents and know-how held by Neutrino Energy Group and grant exclusive production and sales rights for related products in Korea and Southeast Asia for 30 years. In order to efficiently promote related projects, a consortium of leading Korean companies, universities, research institutes, financial institutions, venture capitalists, and other industries has been formed.
Additionally, the company recently disclosed a €1 billion investment in China via NVTIK in South Korea. Similar to the strategy it has used in Korea and Southeast Asia, NVTIK will create a consortium with prominent Chinese businesses to pursue Neutrino energy projects together.
If the plan for a global manufacturing base for Neutrinovoltaic Technologies proceeds as intended, Korea will not only be the world’s first leader in clean energy, but it will also have a revenue stream that will support the nation for more than 100 years after semiconductors, providing it with a significant chance to establish itself as a future advanced energy superpower.
This is a translation from Korean; the original article can be found here: 한국 ‘뉴트리노 발전’ 핵심전략 기지 부상…10억유로 투자 연구 양산기지 구축