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South Korea
Hydrogen
South Korea: Ministry of Environment Launches Task Force for Charging Station Development
The Ministry of Environment launched a task force on Nov. 4 to expand electric and hydrogen vehicle charging infrastructure.
Climate Change
South Korea Vows to Go Carbon Neutral by 2050 to Fight Climate Emergency
South Korea relies on coal for about 40% of its electricity generation, with renewables making up less than 6%.
Oil & Gas
KSOE Receives Order for up to Four LNG Carriers
Korean Shipbuilding & Offshore Engineering has secured a building order for two 174,000m³ LNG carriers, with options for another pair.
New Energy Vehicles
South Korea Expands Electric and H2 Stations for Cars
The South Korean government has just unveiled a plan to greatly increase the number of battery-electric and hydrogen fuel cell car charging and refuelling stati
Climate Change
S.Korea to Reach Net Zero Emissions by 2050
According to the World Bank, in 2019, Korea ranked as the world's 12th largest economy. As of 2019, it is also the world's seventh largest emitter.
Hydrogen
Hyundai Glovis to Develop World's First Liquefied Hydrogen Carrier
Hyundai Glovis has begun developing a large liquefied hydrogen carrier in cooperation with Hyundai Heavy Industries Group.
Wind Power
DNV GL Forms Floating Pact with Korean Engineers
Agreement with Samsung Heavy Industries to develop foundations and remote maintenance technology.
New Energy Vehicles
LG Chem to Produce New EV Batteries for Tesla
LG Chem's share price gained 3.57 percent on Oct. 22 when Tesla announced earnings which exceeded market expectations.
Thermal Power
European Investment Firms Opposed to Coal Power Plant Construction in Vietnam
A total of 20 global investment firms sent an official letter to Korea Electric Power Corp. (KEPCO) and Samsung C&T on Oct. 21 in order to object to their coal-
Coal
Mechel Signs Long-Term Coal Supply Contract with STX Corp
STX Corp., One of South Korea’s major universal trading companies active in Asia Pacific.
Hydrogen
Doosan and Ceres Power Sign South Korea Fuel Cell Deal
Electrochemical company Ceres Power and Doosan Fuel Cell have signed a deal to build an initial 50MW fuel cell stack manufacturing facility in South Korea.
New Energy Vehicles
Imported EV Sales Surge 8.5 Times in Korea in 2020
A total of 13,261 imported electric vehicles were sold in Korea in the first nine months of 2020, said the Korea Automobile Importers and Distributors Associati
Oil & Gas
South Korea’s DSME Bags Orders for 6 LNG Carriers
South Korea’s Daewoo Shipbuilding & Marine Engineering has bagged two new orders to deliver six liquefied natural gas carriers.
New Energy Vehicles
Korean Battery Makers Perplexed by Continuing EV Fires
Following a series of Hyundai Motor's Kona electric vehicle battery fires, sales of EVs and plug-in hybrid electric vehicle from GM of the U.S. and BMW of Germa
Energy Storage
Scientists Develop a Micro-Supercapacitor Made of Graphene Ink
Researchers from the Daegu Gyeongbuk Institute of Science and Technology, South Korea, recently developed a low-cost energy storage device to power electronic d
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