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South Korea
Coal
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.
Nuclear Power
Doosan awarded second Chinese IAPS contract
Doosan Heavy Industries & Construction has been contracted by China Techenergy Company (CTEC) to supply an Industrial Anti-seismic Protection System (IAPS) for
Nuclear Power
South Korea Permits Construction of Shin Kori 5-6 Nuclear Reactors
Commercial operation by 2023-2024 is to be expected.
Climate Change
South Korea Eyes Coal, Gas cuts in 2050 net zero plans
South Korea has published three potential road maps to reach its target of achieving carbon neutrality by 2050, ahead of a final decision on its plan later this
Hydrogen
Hanwha, Korea Western Power Team up to Fuel Gas Turbines on Hydrogen
Hanwha General Chemical Co. and Korea Western Power Co. have joined forces to develop a hydrogen-fired gas turbine that can use both liquefied natural gas and h
Climate Change
POSCO Joins Forces with Australian Mining Company Roy Hill for Carbon Neutrality
POSCO will cooperate with Australian raw material supplier Roy Hill to achieve carbon neutrality.
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.
New Energy Vehicles
Kia Launches 1st All-Electric EV Sedan, Starts from $40K
Kia, South Korea's second-biggest carmaker, on Monday launched an all-electric EV6 sedan in the domestic market ahead of its overseas launches later this year.
Energy Economy
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
Power Grid
LS Cable and System to Build High-Rise Undersea Cable Production Tower
LS Cable and System will invest 185.9 billion won to build an undersea cable system production plant in Donghae, Gangwon Province, the company said on July 25.
New Energy Vehicles
Hyundai Motor to Improve Safety of Second Life Battery Energy Storage System
South Korea’s top automaker Hyundai Motor said Sunday it has signed a memorandum of understanding with safety standards company UL to strengthen the safety of
Oil & Gas
KSOE Receives Orders for Seven LNG Carriers
South Korean shipbuilder Korean Shipbuilding and Offshore Engineering has secured building orders for seven new LNG carriers.
Policy & Regulation
Ground Broken for Munmu Daewang Science Research Center
Ground was broken on July 21 for the construction of a large-scale nuclear research center that will focus on three areas -- small modular reactors, nuclear pow
Energy Storage
Bloom Energy fuel cells to power 4.2-MW CHP micro plant in South Korea
Bloom Energy will install the first-ever solid oxide fuel cell technology in a planned combined heat and power plant to be built in South Korea.
Wind Power
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.
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