South Korea
RWE to develop 495 MW offshore wind project in South Korea
It secured its first exclusive development rights for offshore wind in the country.
RWE to develop 495 MW offshore wind project in South Korea
It secured its first exclusive development rights for offshore wind in the country.
South Korea sees additional $17b in electricity costs due to fossil fuel reliance
LNG accounts for 26.8% of the country’s power mix.
South Korea's wind capacity to exceed Japan's by 2033
The country’s wind installation is expected to reach 13.1 GW.
South Korea launches joint strategy to enhance overseas resource development
The strategy encourages cooperation with international partners to boost the supply chain.
Incheon City, Ørsted to develop offshore wind power industry
Ørsted is developing a 1.6 GW wind project off the coast of Incheon.
Three reasons the US LNG pause does not threaten South Korea’s energy security and transition
Since the United States (US) Biden Administration announced the temporary pause on new liquefied natural gas (LNG) export approvals early this year, many Asian countries expressed concern about the potential disruption in energy security and decarbonization goals.
Korea's MOTIE advances regulatory innovation for hydrogen push
The measures will allow Korean companies to invest in electrolysis and liquid hydrogen.
Natural gas demand remains consistent in South Korea
Demand experienced a 26% year-on-year increase in 2023.
KHNP completes 20 MW Pohang Energy Park
Over $73m was provided to fund the project.
Amazon to develop 60 MW solar project in South Korea
This will support its target to reach net-zero carbon by 2040.
Over KRW 148.7b to be invested in 2024 for energy value chain projects
Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.
South Korea-based cable firm wins bid for $1.13b European wind energy project
LS Cable & System Ltd. will supply HVDC cables for offshore wind farms over the North Sea.
Corio, BP to fund $1.2b for Korean offshore wind power projects
The agreement is one of the deals formed during the South Korean President’s state visit.
South Korea, UK strengthen nuclear energy partnership
A total of nine MOUs were signed between the two countries.
South Korea and Czech Republic join hands for energy expansion
The bilateral cooperation reached $4.2b in 2022.
GE Vernova starts commercial operations for 500 MW heating plant in South Korea
The facility will supply power and steam to 100,000 citizens in the district.
South Korea’s electricity costs remain elevated due to high import prices
Around 97% of the country’s energy needs are met by imported energy.
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Abu Dhabi Sustainable Water Solutions clinches two wins at Asian Water Awards
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The project meets the long-term needs of the people for the collection and recycling of wastewater.
The project meets the long-term needs of the people for the collection and recycling of wastewater.
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