South korean

Market Analysis

South Korea: Coal-Intensive Regions Demand Immediate Phase-out

As the race to decarbonise to mitigate climate change intensifies globally, some four South Korean provinces have called upon the government to action rapid pha…

South Korea

Doosan Heavy to Lead X-energy’s Study on SMR Nuclear Reactor Design

South Korean power infrastructure firm Doosan Heavy Industries & Construction will partner with U.S.-based X-energy on developing and designing tests for advanc…

South Korea

South Korea’s SK E&S Plans Hydrogen, LNG Expansion

South Korean energy firm SK E&S has laid out a detailed plan to expand its hydrogen, LNG and renewables operations by 2025.

Coal Trade

South Korean Coal Imports Spike to All-Time High

South Korean thermal coal imports spiked to an all-time high in July amid surging overall power demand and nuclear outages.

Offshore Wind Power

Doosan Heavy to Develop 8-MW Floating Offshore Wind Turbine

South Korean power plant builder Doosan Heavy Industries & Construction Co. has announced the development of an 8-megawatt floating offshore wind turbine.

LNG Carrier

KSOE Receives Orders for Seven LNG Carriers

South Korean shipbuilder Korean Shipbuilding and Offshore Engineering has secured building orders for seven new LNG carriers.

Floating Offshore Wind

South Korea Floater Wins DNV Approval

Samsung Heavy Industries has developed an offshore wind floating platform design for the South Korean market that has received approval in principle from DNV.

Nuclear Power Plant

South Korean Nuclear Restarts to Help Meet Peak Demand

Returning nuclear capacity in South Korea is expected to help the country cope with a spike in seasonal temperatures and peak power demand.

Hydrogen Fuel Stations

Lotte Chemical to Invest ₩4.4 trillion in Hydrogen by 2030; Releases New Hydrogen Roadmap

South Korean-based Lotte Chemical has unveiled its 2030 hydrogen growth roadmap which outlines the company’s intentions in accelerating hydrogen adoption and a…

South Korea

KOTRA Advises Companies to Collaborate with Russia in Green Energy Industry

The Korea Trade-Investment Promotion Agency said in its recent report that South Korean companies need to step up their collaboration in Russia, which has huge …

Nuclear Power Plant

S. Korea-U.S. Collaboration in Nuclear Power Industry Is of Great Value

South Korean President Moon Jae-in and U.S. President Joe Biden released a joint statement on May 21

Nuclear Power Plant

Cooperation with the U.S. May Hinder Korea's Nuclear Power Plant Exports

South Korean President Moon Jae-in and U.S. President Joe Biden had their first summit and released a joint statement on May 21.

Coal Trade

South Korean Coal Imports Drop in May

Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…

Nuclear Power Plant

South Korea and United States to Cooperate in Nuclear Power Industry

U.S. President Joe Biden and South Korean President Moon Jae-in released a joint statement on May 21 and declared that they would cooperate in the global nuclea…

Coal Trade

S Korea Coal Imports Drop Amid Voluntary Restrictions

South Korean thermal coal imports fell on the year in April amid a likely drop in coal-fired generation, driven in part by voluntary restrictions on the use of …