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South Korea
Coal
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.
Solar
Hanwha Q Cells Secures 300 MW Order for 2.1 GW Floating Complex in South Korea
The Korean manufacturer was chosen as a preferred bidder for a portion of the Saemangeum solar complex. The company will likely supply its special panels for fl
Coal
South Korean Coal Imports Rebound in February
South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.
New Energy Vehicles
Samsung SDI Increasing Investment for Better Batteries
Samsung SDI invested a record high of 808.3 billion won in R&D last year.
Energy Economy
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
SK Group to Build World's Largest Liquefied Hydrogen Plant
SK Group plans to build a hydrogen ecosystem by investing 18 trillion won over the next five years.
Oil & Gas
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ
Nuclear Power
Licence Extension for South Korea’s Shin Hanul NPP does not Mean New Units will be Built
However, the extension of the licence does not mean that construction of the two reactors will go ahead.
Future Energy
BIOGEST to Build Biogas Plant in South Korea
BIOGEST received an order to build an agricultural and food waste biogas plant in the southern region of South Korea.
Energy Economy
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
New Energy Vehicles
South Korea's Electric Vehicle Sales, Exports up in Jan
South Korea's domestic sales of electric vehicles increased in January for the 12th consecutive month.
Wind Power
Korea Midland Power Succeeds in Producing Green Hydrogen from Wind Power
The state-run power company is taking part in various renewable energy R&D projects.
New Energy Vehicles
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.
Hydrogen
Hyundai Motor Group and POSCO form Hydrogen Partnership
Hyundai Motor Group and POSCO have formed a new hydrogen partnership, through which they will jointly develop hydrogen energy utilisation technologies.
Wind Power
South Korea Unveils $43 Billion Plan for World's Largest Offshore Wind Farm
South Korea unveiled a 48.5 trillion won plan to build the world’s largest wind power plant by 2030 as part of efforts to foster an environmentally-friendly re
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