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South Korea
New Energy Vehicles
SK Innovation Shifts Into Full Gear for EV Battery Biz
Seoul, SK Innovation, South Korea's refinery-to-battery maker, is back in the driver's seat to propel its electric vehicle battery business with stake sales and
Coal
Seoul to Strengthen NDC, Suspend Foreign Coal Financing
South Korean president Moon Jae-In has declared Seoul's intention to strengthen its NDCs and to suspend all public financing for new coal plant projects abroad
Thermal Power
Seoul Requests Voluntary Cut from State Coal Plants
The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources
Nuclear Power
KHNP to Accelerate Development of Innovative SMRs
Korea Hydro and Nuclear Power said on April 19 that the company is developing an innovative small modular reactor with strong economic feasibility and safety.
Policy & Regulation
South Korea Raises Renewable Energy Target to 25pc
South Korea's ministry of trade, industry and energy has raised the country's renewable portfolio standard policy from 10pc to 25pc.
Oil & Gas
Hyundai Heavy Receives Order for Three LNG Carriers
South Korean shipbuilder Hyundai Heavy Industries has taken an order for three LNG carriers, with delivery scheduled by July 2024.
Coal
South Korean Coal Prices Ease
Thermal coal prices for South Korea softened this week, as Australian fob prices came under pressure from a weaker demand outlook in India and Japan.
Thermal Power
United States Targeting Energy Sector of South Korea
The United States is showing nationalism in the energy industry as well as semiconductor by making an issue of the South Korean government’s gas turbine compet
Nuclear Power
South Korean Nuclear Reactor Returns from Outage
South Korea's 950MW Hanul 1 nuclear reactor is ramping up following its second unplanned outage in quick succession.
Policy & Regulation
S. Korea Expresses 'Strong Regret' over Japan's Decision to Release Water from Fukushima
South Korea on Tuesday expressed strong regret over Japan's decision to release contaminated water into the sea from its wrecked Fukushima nuclear power plant.
Climate Change
Shipbuilding Companies to Pursue Carbon Neutrality
The top six South Korean shipbuilding companies organized their carbon neutrality committee on April 8 and made a joint declaration to achieve carbon neutrality
Wind Power
Samsung Heavy Industries Develops Eco-friendly Wind Turbine Installation Vessel
Samsung Heavy Industries’ eco-friendly wind turbine installation vessel has been certified by the world’s top three ship classification agencies at the same t
Nuclear Power
South Korea Shuts Nuclear Reactors for Second Time Due to Influx of Marine Organisms
The Hanul-1 and –2 reactors, both with a capacity of 950 MW, were shut April 6 after an influx of marine organisms disrupted water pump operations, said an off
Energy Storage
Fire Guts Batteries at Energy Storage System in Solar Power Plant
A fire at a private solar power plant gutted an energy storage system that used batteries from LG Energy Solution affiliated with South Korea's LG Group, which
Energy Economy
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall
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Most views from South Korea
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South Korean SMR Design Approved by Regulator
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KHNP Deploys Four-Legged Robot in Kori Decommissioning
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World's First(1) Supply Chain Established for More Sustainable Polyester Fiber Based on CO2-Derived Material as Well as Renewable and Bio-Based Materials
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Qcells Cuts PV System Prices in Germany by 15%
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KHNP, Czech Hydrogen Group Agree on Cooperation for Clean Hydrogen
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South Korea Plans Mix of Sustainable Aviation Fuel for International Flights From 2027