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South Korea
Energy Economy
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Nuclear Power
Korea Strives to Win a $6.7 Billion Order for the Czech Nuclear Power Plant Project
The government has actively supported the effort to win an order for the Czech nuclear power plant project worth 8 trillion won.
Policy & Regulation
South Korea Urged to Follow Japanese Lead on Coal Finance Ban
South Korea has been castigated by environmentalists and international investors for failing to follow Japan in slashing funding for coal power overseas.
Hydrogen
Wood Mackenzie: Green Hydrogen Cost to Halve by 2030 – a Boost to South Korea’s Hydrogen Ambitions
Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions.
Hydrogen
$212m Hydrogen Power Plant Project Complete
Energy solutions company Hanwha Energy has completed its $212m hydrogen fuel cell power plant, located at the Daesan Industrial Complex in Seosan, South Korea.
Nuclear Power
USNC, Korean Companies to Develop Micro Modular Reactors
Ultra Safe Nuclear Corporation of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering and the Korea Atomic Energy Research I
Coal
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Solar
Ocean Sun Lands Floating Solar Deal in South Korea
Norwegian floating solar specialist Ocean Sun and South Korean firm have entered a technology license agreement for installation of Ocean Sun floating solar sol
Decentralized Energy
Doosan Heavy and Korean Utility Unveil Exportable CCGT Plant Model
Doosan Heavy Industries & Construction has taken a domestic step forward in its bid to compete in the global gas turbine market.
Wind Power
South Korea’s President Reaffirms 12 GW of Offshore Wind by 2030 Goal
President of South Korea Moon Jae-in has pledged to expand the country’s offshore wind power capacity from the current 124 MW to 12 GW by 2030.
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