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Electricity Reform
Coal Plant Restriction to Reform S Korea’s Power Market
The South Korean government is considering an annual cap on coal-fired generation from 2022 and a new spot and forward auction system to enable utilities to bid…
Hydrogen Project
Origin Energy, POSCO Ink Green Hydrogen Deal
Origin Energy today (18th March) said it has signed a deal with one of Korea’s largest steelmakers, POSCO, to cooperate on producing and supplying green hydrog…
Coal Production
South Korean Coal Market Retreats Amid Warmer Spring
The South Korean coal market edged lower this week as forecasts of a warmer spring across northeast Asia weighed on the near-term demand outlook.
Floating Solar Project
Hanwha Q Cells Secures 300 MW Order for 2.1 GW Floating Complex in South Korea
The Korean manufacturer was chosen as a preferred bidder for a portion of the Saemangeum solar complex. The company will likely supply its special panels for fl…
Thermal Coal
South Korean Coal Imports Rebound in February
South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.
Electric Vehicle Battery
Samsung SDI Increasing Investment for Better Batteries
Samsung SDI invested a record high of 808.3 billion won in R&D last year.
Energy Storage Battery
Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company
RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Kor…
Liquid Hydrogen
SK Group to Build World's Largest Liquefied Hydrogen Plant
SK Group plans to build a hydrogen ecosystem by investing 18 trillion won over the next five years.
Smart Meter
Asia to Deploy more than 570 million Smart Electricity Meters
A new report released by research firm Berg Insight explores the deployment of smart electricity meters in China, India, Japan and South Korea between 2021 and …
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
Carbon Neutral
South Korea and Visegrád Four to Further Economic Cooperation
The first forum took place four months ago.
Nuclear Power Plant
Licence Extension for South Korea’s Shin Hanul NPP does not Mean New Units will be Built
However, the extension of the licence does not mean that construction of the two reactors will go ahead.
Biobattery
BIOGEST to Build Biogas Plant in South Korea
BIOGEST received an order to build an agricultural and food waste biogas plant in the southern region of South Korea.
Hydrogen Fuel Cell
Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power
South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …
Electric Car
South Korea's Electric Vehicle Sales, Exports up in Jan
South Korea's domestic sales of electric vehicles increased in January for the 12th consecutive month.
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