South korea

LNG

South Korea Dominating Global Floating Liquefied Natural Gas Facility Market

South Korea is dominating the global floating liquefied natural gas facility market.

Natural Gas

Korea Gas' Oct LNG Sales Rise 16% on year Amid Nuclear Maintenance, Energy Transition

South Korean state-owned Korea Gas Corp.'s LNG sales rose 15.8% year on year to 2.655 million mt in October, a company official said Nov. 18, driven by the shut…

Hydrogen Project

South Korea to Commercialize Ammonia-Fueled Power Generation by 2030

South Korea aims to start commercializing ammonia-fueled power generation from 2030 in a bid to reduce its heavy reliance on coal and LNG in electricity product…

Offshore Wind Power

Stepping up Korean Offshore Wind Power Plans

Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea.

Wind Power Company

SK Ecoplant Becomes Largest Shareholder of Domestic Wind Farm Subsrtructure maker

The total investment stands at 460 billion won.

Hydrogen Project

Adipec 2021: Mitsui and GS Energy to Help Develop Blue Ammonia Project

The agreements build on Adnoc's sale of blue ammonia to Japan and South Korea with the Asian companies partnering with Ta’ziz and Fertiglobe

Energy Storage Battery

China's Easpring, SK to Develop Overseas CAM Projects

Major Chinese lithium cathode material manufacturer Beijing Easpring Material Technology has formed a partnership with key South Korean lithium-ion battery prod…

Carbon Neutral

Kia Outlines Its Path to Achieving Carbon Neutrality by 2045

At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value cha…

Energy Investment

Korea Needs to Invest More to Meet Wind Power Target

South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the coun…

Wind Power Project

Bucheon Tests Innovative Wind Power Generation System

Bucheon, a Gyeonggi Province city on the southwestern outskirts of Seoul, is moving forward with a project to produce electricity from the wind generated by the…

Coal-Fired Power Plants

South Korean Power Companies to Go Coal-free by 2050

The seven state-run power companies of South Korea made a joint statement on Nov. 10 that they would completely stop coal-based power generation by 2050 in orde…

Wind Farm

Doosan Heavy Completes Jangheung Wind Farm in South Jeolla Province

Doosan Heavy Industries & Construction, which holds the largest track record in Korea for the supply of offshore wind turbines, has completed the Jangheung Wind…

Nuclear Power Plant

Korea, France and the U.S. Likely to Compete for Polish Nuclear Power Plant Project

Korea Hydro & Nuclear Power and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 and discussed South Korea’s pa…

Oil Field

Senex Energy to Buy 2 Undeveloped Gas Fields From APLNG for A$80 Million

Senex Energy Ltd. said it intends to recommend an improved offer from South Korea's Posco International Corp. that values its equity at 852.1 million Australian…

Energy Investment

KKR Invests $2bn in South Korean Energy Company SK E&S

Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.