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South Korea
Wind Power
South Korea to Build World’s Largest Floating Wind Farm off Ulsan
Under the agreement, OW Offshore will develop three 500MW complexes with a combined total capacity of 1.5 GW in Korea’s exclusive economic zone (EEZ) off Ulsan
Power Grid
LS C&S Secures W232 bil. Wando-Jeju Submarine Cable Deal
LS Cable & System won a bid for Korean Electric Power Corp's "Jeju third submarine cable construction project" Thursday, which aims to connect the islands of Wa
Hydrogen
Air Liquide to Support Liquid Hydrogen Plant Development in South Korea
Air Liquide Engineering & Construction has signed an agreement with Doosan Heavy Industries to support the construction of a liquid hydrogen plant in Changwon,
Oil & Gas
Korea Tops Global Shipbuilding Order Intake Rankings for Five Consecutive Months
By landing more than 60 percent of the world's new shipbuilding orders in November, Korea came in first in the order standings for the fifth straight month in N
Coal
US Blacklists Coal Shippers for North Korea Ties
The US Office of Foreign Assets Control designated six companies and four vessels for violating existing UN sanctions by engaging in the prohibited North Korean
Policy & Regulation
U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%
The final tariff rate is almost three times the preliminary tariff rate.
Climate Change
South Korea at 13th Place in RECAI Report for H2, 2020
Global accounting and consulting firm EY recently released the Renewable Energy Country Attractiveness Index report for the second half of this year.
Hydrogen
South Korea in Need of Int’l Cooperation for Mass Hydrogen Production
The South Korean government is trying to promote the development of the hydrogen industry in an effort to achieve carbon neutrality by 2050.
Hydropower
Doosan Heavy Teams Up with Korea Western Power for Laos Hydroelectric Power Plant Project
In August, the two companies signed a three-way investment agreement with Korea Overseas Infrastructure and Urban Development Corp.
Wind Power
Doosan Heavy Industries & Construction to Cooperate with KOEN on Offshore Wind Farm Projects
Doosan Heavy Industries & Construction has recently signed a memorandum of understanding with Korea South-East Power Company for the promotion of offshore wind
Oil & Gas
SHI Secures LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries has received an order to build an LNG carrier, the firm's first carrier order in nearly a year.
Coal
South Korean Coal Restrictions to Edge up This Winter
South Korean state-owned Kepco utilities operated 56 coal-fired units with a combined capacity of 33.7GW.
Nuclear Power
South Korea’s Artificial Sun Sets New Record
The Korea Institute of Fusion Energy announced on Nov. 24 that it succeeded in operating 100,000,000°C plasma, which is a core condition for nuclear fusion, fo
Hydrogen
Doosan Heavy Industries to Verify Green Hydrogen Technologies in Jeju Island
Doosan Heavy Industries & Construction will build a system to produce hydrogen with wind energy in Jeju Island.
New Energy Vehicles
Hyundai Motor Group Places 4th in Global Electric Vehicle Sales
Hyundai Motor Co. and Kia Motors Corp. placed fourth in global electric vehicles in the January-September period of 2020.
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