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South Korea
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Nuclear Reactor
Korea's Artificial Sun Just Ran for 20 Astonishing Seconds
At 100 million degrees, that's easily a world record for fusion.
Hydrogen Fuel Cell Vehicle
South Korea to Work on Hydrogen Ships
The Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy released a green ship development plan on Dec. 23.
Market Analysis
Nuclear Still Critical in Meeting Carbon neutrality goals: WoodMac
This is particularly true for China, Japan, and South Korea.
Combined cycle power plant
Doosan Heavy Bags Order for Combined Cycle Power Plant in Guam
Doosan Heavy Industries & Construction has recently won an order for a 620 billion won combined cycle power plant project in Guam.
LNG
Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end
Korean shipbuilders are enjoying a brisk new order intake at the year-end.
Electric Vehicle Battery
LG Energy Solutions to Supply NCMA Batteries to Tesla
LG Energy Solutions has preempted the next-generation battery market as it will supply its nickel, cobalt, manganese and aluminum (NCMA) batteries for U.S. GM a…
Offshore Wind Power
South Korea to Build World’s Largest Floating Wind Farm off Ulsan
Under the agreement, OW Offshore will develop three 500MW complexes with a combined total capacity of 1.5 GW in Korea’s exclusive economic zone (EEZ) off Ulsan…
Power Construction
LS C&S Secures W232 bil. Wando-Jeju Submarine Cable Deal
LS Cable & System won a bid for Korean Electric Power Corp's "Jeju third submarine cable construction project" Thursday, which aims to connect the islands of Wa…
Hydrogen Project
Air Liquide to Support Liquid Hydrogen Plant Development in South Korea
Air Liquide Engineering & Construction has signed an agreement with Doosan Heavy Industries to support the construction of a liquid hydrogen plant in Changwon, …
Carbon Neutral
Five Coal-Fired Power Countries in the World have Committed to Carbon Neutrality!
According to EMBER's statistics, among the world's top ten coal power countries, 5 countries have committed to achieving carbon neutrality, including China (206…
LNG Carrier
Korea Tops Global Shipbuilding Order Intake Rankings for Five Consecutive Months
By landing more than 60 percent of the world's new shipbuilding orders in November, Korea came in first in the order standings for the fifth straight month in N…
Coal Trade
US Blacklists Coal Shippers for North Korea Ties
The US Office of Foreign Assets Control designated six companies and four vessels for violating existing UN sanctions by engaging in the prohibited North Korean…
Oil Pipeline
U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%
The final tariff rate is almost three times the preliminary tariff rate.
Carbon Neutral
South Korea at 13th Place in RECAI Report for H2, 2020
Global accounting and consulting firm EY recently released the Renewable Energy Country Attractiveness Index report for the second half of this year.
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