South korean

Gas turbine engine

United States Targeting Energy Sector of South Korea

The United States is showing nationalism in the energy industry as well as semiconductor by making an issue of the South Korean government’s gas turbine compet…

Nuclear Power Plant

South Korean Nuclear Reactor Returns from Outage

South Korea's 950MW Hanul 1 nuclear reactor is ramping up following its second unplanned outage in quick succession.

Carbon Neutral

Shipbuilding Companies to Pursue Carbon Neutrality

The top six South Korean shipbuilding companies organized their carbon neutrality committee on April 8 and made a joint declaration to achieve carbon neutrality…

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.

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…

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…

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.

Thermal Coal

South Korean Coal Imports Rebound in February

South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.

Energy Storage Battery

Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company

RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Kor…

Hydrogen Fuel Cell

Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power

South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …

Electric Car

Electric Vehicle Prices to be Halved by 2025

The South Korean government has decided to lower the price of an electric vehicle by at least 10 million won by 2025.

Solar Cell

Hybrid Tandem Perovskite Solar Cell with 18.04% Efficiency

South Korean researchers claim to have developed a PV cell with a higher efficiency rate than any other tandem cell based on perovskite and organic materials.

Thermal Coal

South Korean Coal Prices Ease on Milder Outlook

Thermal coal prices for South Korea fell this week, with milder weather expected next month.

Offshore Wind Power

South Korean Pair to Develop Offshore Wind Substation

Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Corporation Engineering & Construction have signed a Memorandum of Understanding to develop an…