South korea

Wind Power Project

​Renewables Consortium to Develop Floating Wind Farm in South Korea

WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the aim to develop an initial 500 MW floating wind farm off the coast of Ulsan…

LNG

South Korean LNG Imports Hit 2-year Low in September

South Korean LNG imports fell to their lowest monthly level since 2017 in September, tumbling 25% year on year, latest customs data showed.

​EMEC Continues Support for Korean Wave Energy Test Site

The European Marine Energy Centre (EMEC) has signed a deal to support the ongoing development of a wave energy test site in South Korea, thus continuing a three…

Policy interpretation

China-S.Korea FTA Starting Point to Regional, Global Economic Integration

The free trade agreement between China and South Korea is a starting point to an economic integration in Asia and the world, a South Korean research fellow said…

GS Caltex

GS Caltex is a South Korean oil refiner. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation on January 27, 2006. It is jointly…

South Korea Plans to Cut Its Primary Energy Consumption By 14% By 2030

The Ministry of Trade, Industry and Energy of South Korea has unveiled plans to cut its primary energy consumption by 14% by 2030, which could help the country …

Nuclear Power Plant

China, South Korea Vie for Bulgarian Nuclear Power Project

Reuters reports that state utilities from China and South Korea, including CNNC and Korea Hydro & Nuclear Power Co (KHNP), are amongst the seven groups interest…

Ulsan Plans to Build South Korea's First Pipeline System to Supply Hydrogen

The city signed an agreement with six agencies and businesses including the Korea Gas Safety Corp. (KGS) on Tuesday to build pipelines between hydrogen filling …

Electric Car

Hyundai has Released its First Solar Powered Car

The Sonata Hybrid, which was first announced last autumn, is now on sale in South Korea featuring a rooftop solar array to top up its in-built battery, that run…

Nuclear Policy

South Korea's Anti-Nuclear Policy To Face Strong And Growing Opposition

Public opinion is shifting in favour of nuclear after a heatwave has affected power supply and demand. Increasing concerns about rising electricity bills and co…

Solar Power Plant

South Korea Unveils Plans for 2.1GW World's Current Largest Floating Project

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced last week that it will develop a 2.1 GW floating solar power plant which, upon completio…

Offshore Wind Power

DNV GL Takes LiDAR Verification site in Asia

DNV GL has launched its first LiDAR verification site in Asia, located in the Jella Province in South Korea.

Energy Storage Battery

Lithium Batteries: Far More Widely Recycled Than Second-Hand Statistics Imply

Lithium-ion batteries are far more widely recycled than many people think, while China and South Korea are already leaders of the emerging circular economy of l…

LNG

Korea Gas Corp.'s LNG Sales in June Dropped 14%, Due to Weaker Demand for Power Generation

South Korean state-owned Korea Gas Corp.'s LNG sales in June dropped 14% from a year earlier, marking the biggest decline in 32 months, due to weaker demand for…

Offshore Wind Power

Equinor and South Koreans Established Float 200MW Offshore Wind Farm

Equinor, the Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have established a consortium to develop a 200MW floating offshore wind…