South Korea Energy crisis

On July 16, announced that South Korea industry trade resources, since the Ming (2014) year on January 1, the country will permanently stop importing, manufacturing power-saving efficiency on the low side of incandescent bulbs (incandescent light).

South Korea’s Yonhap news agency reported (Yonhap), industry trade resources, points out that incandescent bulbs six times as much power consumption for the LED light bulbs, an incandescent light bulb annual electricity bills, shopping costs could be as many as 15863 won ($14.14). In contrast, a single LED bulbs each year cost of the cost by 82.3% to 2813 won. South Korea as early as 2008, the decision to gradually abolish the incandescent light bulb.

Industry trade and resources, said the South Korea still has about 30 million incandescent bulb is in use, if you will be fully replaced by the more provincial electric light bulb, a year can save more than 1800 GW (gigawatt) of electricity, enough to supply up to 650000 households.

South Korea about 8000 public buildings use replace the incandescent light bulb is about 99%. Now South Korea only manufacturer also in the production of incandescent bulbs, and most are imported from China.

This new policy is very useful for the energy-saving situation as the energy crisis is increasing day by day and only LED product at present is the most effective energy-saving product. This is also a good news for china LED industry as most of the LED products in Korea is from CHINA. When all the incandescent bulb are banned, more LED lights will imported from CHINA and it will also promote the CHINA GDP value in 2014.