Korea

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…

Nuclear Power Plant

Frequency of Sudden Nuclear Power Plant Shutdowns Increasing

Democratic Party of Korea lawmaker Cho Jeong-sik remarked on Oct. 12 that a total of 18 nuclear power plant shutdowns occurred in South Korea from 2016 to Augus…

Oil Price

Oil Refining Companies Hit by Triple Whammy

South Korean oil refining companies face a triple whammy.

Coal Production

S. Korea's Coal Use for Power Generation Dips 7% in 2019

South Korea's coal consumption for electricity generation decreased 7 percent in 2019 from a year earlier due to its efforts to cut carbon emissions.

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…

Electric Vehicle Battery

Demand For Electric Vehicles Drives Sales For Lithium-Ion Batteries, Says IDTechEx

Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China and South Korea playing a significant role

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.

Energy Storage Battery

Samsung Ranks First in Global Battery Technology Patent Applications

Samsung and LG came first and third, respectively, on the list of global patent applications for battery technology, a survey said.

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.

Hydrogen Fuel Cell Vehicle

Hyundai Develops Hydrogen-Powered Forklifts

Hyundai Mobis, along with Hyundai Motor and Hyundai Construction Equipment, has successfully developed a hydrogen-powered forklift.

Energy Storage Battery

LGEnergySolutions, A Wholly Owned Subsidiary of LG Chem, Will be Established Soon

The new giant of the battery industry may be born.

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.

Energy Storage Battery

Lithium Battery Supply Chain is Unsurprisingly Led by China

China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place re…