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South Korea
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
Nuclear Power
Frequency of Sudden Nuclear Power Plant Shutdowns Increasing
Democratic Party of Korea lawmaker Cho Jeong-sik remarked on Oct. 12 that a total of 18 nuclear power plant shutdowns occurred in South Korea from 2016 to Augus
Oil & Gas
Oil Refining Companies Hit by Triple Whammy
South Korean oil refining companies face a triple whammy.
Coal
S. Korea's Coal Use for Power Generation Dips 7% in 2019
South Korea's coal consumption for electricity generation decreased 7 percent in 2019 from a year earlier due to its efforts to cut carbon emissions.
Coal
South Korea’s Coal Prices Rise with Regional Strength
Tighter fundamentals in the Asia-Pacific region and firmer freight rates supported South Korean coal prices this week, despite a weak outlook for winter coal bu
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Most views from South Korea
1
South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
2
South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports
3
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