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South korean
Electric Car
Electric Vehicle Prices to be Halved by 2025
The South Korean government has decided to lower the price of an electric vehicle by at least 10 million won by 2025.
Solar Cell
Hybrid Tandem Perovskite Solar Cell with 18.04% Efficiency
South Korean researchers claim to have developed a PV cell with a higher efficiency rate than any other tandem cell based on perovskite and organic materials.
Thermal Coal
South Korean Coal Prices Ease on Milder Outlook
Thermal coal prices for South Korea fell this week, with milder weather expected next month.
Offshore Wind Power
South Korean Pair to Develop Offshore Wind Substation
Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Corporation Engineering & Construction have signed a Memorandum of Understanding to develop an…
Electric Car
South Korea’s EV Exports Hit Record high in 2020
South Korean exports of environmentally friendly cars hit an all-time high in 2020, with the share of domestic sales exceeding 10pc for the first time.
Hydrogen Fuel Cell
SK Group Invests $1.5bn in Hydrogen Fuel Cell Firm Plug Power
South Korean company SK Group has agreed to invest $1.5bn in US-based hydrogen fuel cell solutions provider Plug Power, forming a new strategic partnership.
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
LNG Carrier
Global LNG Fleet Starts 2021 with Spate of Deliveries
Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …
Hydrogen Project
Major Korean Enterprises Joining Hydrogen Industry
An increasing number of major South Korean conglomerates are entering the hydrogen industry. Recently, POSCO, SK, Hanwha and Hyosung Groups declared to do so.
South Korea
South Korea Plans To Downsize Nuclear & Coal While Quadrupling Renewables By 2034
South Korean President Moon Jae-in previously committed to moving away from nuclear power and toward renewable energy.
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.
Hydrogen Project
South Korea in Need of Int’l Cooperation for Mass Hydrogen Production
The South Korean government is trying to promote the development of the hydrogen industry in an effort to achieve carbon neutrality by 2050.
LNG
SHI Secures LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries has received an order to build an LNG carrier, the firm's first carrier order in nearly a year.
Coal Production
South Korean Coal Restrictions to Edge up This Winter
South Korean state-owned Kepco utilities operated 56 coal-fired units with a combined capacity of 33.7GW.
Solar Power Panel
Hanwha Q Cells Unveils Special Panels for Floating PV
The South Korean module manufacturer has developed two new products for large-scale floating PV plants. They have power outputs of 415 W and 420 W and efficienc…
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