Korea

Korea's green energy exports increase by 6.5 times

South Korea's clean energy sector grew significantly over the last three years with both its sales and exports jumping roughly seven fold.

Korea's green energy exports increase by 6.5 times

South Korea's clean energy sector grew significantly over the last three years with both its sales and exports jumping roughly seven fold.

Korea braces for electricity price hike

South Korea announced an electricity price hike of an average 4.9% starting August in a bid to reflect growing power production costs into the electricity charges.

LS subsidiaries to benefit from China's power investment

China's increased investment in its power grid is expected to have a positive impact on the subsidiaries of South Korea's LS Group.,

S. Korea, India sign pact for nuclear cooperation

South Korea can now export atomic power plants to India after an agreement was reached by the two countries.

IAEA team: Korea's nuclear safety program adequate

 A team of 16 nuclear safety experts from 14 countries determined that South Korea already had in place a technically capable and effective nuclear safety regulatory program.

Korean firm completes wind farm with local wind turbines

The Korea South-East Power Co. completed a wind farm with nine South Korea-produced wind power turbines off the west coast of the country, according to Yonhap News.

KEPCO sets up gasification joint venture with German firm

KEPCO has set up a joint venture with German engineering firm Uhde to carry out environment-friendly power generation projects.

EU to boost Korea's renewable energy sector: report

The free trade pact with the European Union that went into effect this month is expected to fuel growth for South Korea's renewable energy industry, a report by a local think tank said Sunday.

Korea's new quakeproof nuclear reactor to operate ahead of schedule

South Korea's new nuclear power reactor under construction will start commercial operation in December ahead of schedule.

KEPCO unit signs joint deal to build hydropower plant

Korea Midland Power Co., a unit of KEPCO, will build and manage a hydroelectric power plant in northern Vietnam with htree other companies.

Korea nuclear reactor shuts down due to overload

A glitch in the power transmission line caused the nuclear reactor in southeastern South Korea to go offline. The Korea Hydro & Nuclear Power Co. stated that the Gori-2 reactor northeast of Busan was shut down when a 345 kilovolt power line experienced an overload, yonhapnews reported.  

South Korea's industrial power sales up 8.5%

South Korea's industrial electricity sales grew steadily in May.

South Korea to increase power tariffs slowly amid higher fuel cost

South Korea plans to slowly increase the country's electricity tariffs gradually to curb inefficient consumption and to slow down power demand growth.

South Korea to build green thermal power plant

South Korea will build a new 2,000 megawatt eco-friendly thermal power plant on its east coast that will not release any carbon dioxide into the atmosphere.

KOSPO begins construction of $3B carbon-capture plant

The construction in Seoul, South Korea of a 2,000MW low emissions power plant valued at US$3 billion has been commenced by Korea Sothern Power Company.

S. Korea eyes 18 % of global green energy market

South Korea will seek to grab 18 percent of the global green energy market by 2030 by developing key technologies and creating a favorable domestic environment, the government said Tuesday.

Samsung, LG to join thin-film solar cells research

Samsung Electronics Co. and LG Electronics Inc. will take part in a government-private research program to develop next-generation thin-film solar cells, officials said Tuesday.