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South Korea
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.
Hydrogen
Impact Coatings Opens South Korea Office
Impact Coatings has opened a new office in Seoul, South Korea as the Swedish fuel cell technology supplier expands into the Asia region.
Solar
25.17% Efficient Perovskite Solar Cell Via New Photoactive layer
Scientists in South Korea demonstrated a perovskite cell with a certified efficiency of 24.4%.
Wind Power
Orsted Eyes 1.6GW South Korea Offshore Wind
Developer confirms intention to develop projects off Incheon city at event with government officials.
Hydrogen
Hyundai Motor Group to Produce Green Hydrogen in Saemangeum
The MOU is to conduct joint research for the purpose of green hydrogen value chain establishment.
Solar
Korean-Made Solar Cells’ Share of Domestic Solar Module Market Slides to 20%
Korean-made solar cells’ share of the domestic solar module market has fallen to the 20 percent range, with imports from China accounting for a significant por
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Most views from South Korea
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South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
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Asia Thermal Coal Imports Rise in July as Japan, South Korea Buy
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DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
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South Korea Launches 1.25GW Offshore Wind Tender
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Vestas Secures Turbine Order for Sinan U Offshore Wind Project in South Korea