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South Korea
New Energy Vehicles
Bolt EV Nabs First Place in Imported EV Sales in April
The Bolt EV became the best-selling imported electric vehicle in April by selling 148 units.
Wind Power
South Korea Unveils 6GW Floating Ambitions
President Moon Jae-in says government will provide finance for first stage of the project off Ulsan
Hydrogen
Doosan Heavy Industries & Construction Expediting Production of Clean Hydrogen
Doosan Heavy Industries & Construction is accelerating production of clean hydrogen such as blue hydrogen and green hydrogen.
Wind Power
South Korea’s First Floating Wind Farm Project Passes Preliminary Feasibility Study
Korea National Oil Corp., which operates oil and gas fields, welcomed the green light from the Korea Development Institute as a “significant starting point” f
Hydrogen
Korean Hydrogen Vehicles Supply Highest in the World
However, the charging infrastructure is inadequate with the number of vehicles per charger of 180, second after 224 vehicles per unit in the United States among
Oil & Gas
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
New Energy Vehicles
SK Innovation Shifts Into Full Gear for EV Battery Biz
Seoul, SK Innovation, South Korea's refinery-to-battery maker, is back in the driver's seat to propel its electric vehicle battery business with stake sales and
Coal
Seoul to Strengthen NDC, Suspend Foreign Coal Financing
South Korean president Moon Jae-In has declared Seoul's intention to strengthen its NDCs and to suspend all public financing for new coal plant projects abroad
Thermal Power
Seoul Requests Voluntary Cut from State Coal Plants
The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources
Nuclear Power
KHNP to Accelerate Development of Innovative SMRs
Korea Hydro and Nuclear Power said on April 19 that the company is developing an innovative small modular reactor with strong economic feasibility and safety.
Policy & Regulation
South Korea Raises Renewable Energy Target to 25pc
South Korea's ministry of trade, industry and energy has raised the country's renewable portfolio standard policy from 10pc to 25pc.
Oil & Gas
Hyundai Heavy Receives Order for Three LNG Carriers
South Korean shipbuilder Hyundai Heavy Industries has taken an order for three LNG carriers, with delivery scheduled by July 2024.
Coal
South Korean Coal Prices Ease
Thermal coal prices for South Korea softened this week, as Australian fob prices came under pressure from a weaker demand outlook in India and Japan.
Thermal Power
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
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.
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South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports
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South Korea, Vietnam agree to boost nuclear energy, high-tech cooperation
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Four Regions Vie to Host South Korea's New Nuclear Reactors
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Korean major Corporations Join Government Energy-Saving Push
