South korea

Wind Turbine

Samsung Shipyard Acquires Independent Technologies for Wind Turbine Installation Vessel

Samsung Heavy Industries, a major shipbuilder in South Korea, has acquired original technologies for the construction of a wind turbine installation vessel feat…

Nuclear Power Plant

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 System

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 …

South Korea

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…

Electric Vehicle Battery

South Korean EV Battery Makers Losing Market Share to CATL and BYD

The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.

Nuclear Power Plant

Doosan Heavy Industries & Construction Ships Containers for Spent Nuclear Fuel to the U.S.

Doosan Heavy Industries & Construction announced on March 25 that it has recently supplied five sets of vertical concrete casks to TMI Nuclear Power Plant on Th…

Rosatom

Russia’s State Run Nuclear Energy Firm Buys 49% Stake in Korean Lithium-ion Battery Maker

A subsidiary of Russian state-controlled nuclear energy firm Rosatom has taken a 49% share of Enertech International, a South Korean manufacturer of electrodes,…

Energy Storage System

LG Electronics to Supply Commercial ESS in Hawaii

LG Electronics Inc. said Wednesday it will supply a commercial energy storage system in Hawaii as the South Korean tech giant eyes to expand overseas sales of e…

Hydrogen Transport

S. Korea to Build 2 Hydrogen Repository Facilities

South Korea said Tuesday it plans to build two facilities that collect by-product hydrogen and transport the resource in an effort to further boost the country…

Nuclear Power Plant

KHNP and ENEC Expand APR1400 Cooperation

South Korea's first APR1400 unit entered commercial operation in December 2015, while four such reactors are due to start up in the UAE by 2023.

Hydrogen Fuel Cell Vehicle

Popularity of Hydrogen Cars Surges in Chuncheon

The expansion of hydrogen infrastructure in Chuncheon, Gangwon Province is boosting the adoption of hydrogen vehicles.

Offshore Wind Power

Jeju on Track to Commercialize Offshore Wind Power Systems

The provincial government of Jeju Island is driving forward with plans to commercialize floating-type offshore wind power systems and existing gas stations into…

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.