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Electric Vehicle Battery
Korean Battery Makers Perplexed by Continuing EV Fires
Following a series of Hyundai Motor's Kona electric vehicle battery fires, sales of EVs and plug-in hybrid electric vehicle from GM of the U.S. and BMW of Germa…
Energy Storage Battery
KNOT’s Shuttle Tankers to Feature Battery Technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with ba…
Biomass Power Plant
Doosan Wins Polish Contract for a New Waste-to-Energy Plant
Korean engineering and procurement company Doosan Heavy Industries & Construction has been awarded the turnkey contract to supply a new waste-to-energy plant in…
Oil Price
Oil Refining Companies Hit by Triple Whammy
South Korean oil refining companies face a triple whammy.
Coal Price
South Korea’s Coal Prices Rise with Regional Strength
Tighter fundamentals in the Asia-Pacific region and firmer freight rates supported South Korean coal prices this week, despite a weak outlook for winter coal bu…
South Korea
Recovering Nuclear to Cut South Korean 4Q Coal Burn
Unplanned nuclear outages in South Korea have increased the country's reliance on coal and gas-fired power generation this month.
Coal Price
South Korean Coal Market Rises on Tighter Fundamentals
Coal supply cuts in Australia and ongoing nuclear outages following two typhoons earlier this month supported South Korean coal prices for a second consecutive …
Coal-Fired Power Plants
KB Financial is the First Korean Bank to Stop Funding Coal-Fired Power Projects
The bank makes the announcement the week after Korea declared a climate crisis and set a 2050 target to achieve net-zero emissions.
Coal Price
South Korean Coal Prices at Three-Month High
Thermal coal prices for South Korea jumped to a three-month high this week amid ongoing nuclear outages and wider strength across Asia-Pacific.
LNG
SCF Takes Delivery of Shell-Chartered LNG Newbuild
Russian shipping major Sovcomflot has taken delivery of a newly built LNG carrier from the South Korean Hyundai Samho Heavy Industries shipyard.
Nuclear Power Plant
Six Korean Reactors Shut Down Due to Salinity During Recent Typhoons
The recent shutdown of six nuclear reactors at South Korea’s Kori and Wolsong nuclear power plants during the typhoons Maysak and Haishen resulted from the fai…
Floating Offshore Wind
Green Investment Group and Total Partner on Korean Floating Wind Portfolio
Macquarie’s Green Investment Group and global energy company Total have signed a series of agreements to co-develop an initial 2.3 GW portfolio of floating off…
Micro Reactor
USNC, Korean Companies to Develop Micro Modular Reactors
Ultra Safe Nuclear Corporation of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering and the Korea Atomic Energy Research I…
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Solar Technology
Ocean Sun Lands Floating Solar Deal in South Korea
Norwegian floating solar specialist Ocean Sun and South Korean firm have entered a technology license agreement for installation of Ocean Sun floating solar sol…
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