South Korea

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.

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.

SK E&S, CIP reach financial close for 99 MW offshore wind project in Korea

Construction of the wind farm is expected to be completed by the end of 2024.

Aquila Clean Energy APAC invests in 300 MW solar projects in South Korea

This is the company’s first investment in South Korea.

South Korea targets to double new energy industry exports by 2030

The volume of exports is expected to triple by 2035.

South Korea’s 532 MW offshore wind project gets EIA approval

The project is targeted to begin construction in H1 2024.

South Korea sets up public-private SMR Alliance

The Alliance is composed of 11 government agencies and 31 private firms.

LNG demand in South Korea to remain high despite nuclear power expansion

The market will continue relying on LNG for primary backup fuel amidst its energy transition.

Fresh push for nuclear power dims LNG expansion in South Korea

The government plans to boost nuclear power generation to 32.4% by 2030.

South Korea, US to reinforce clean energy partnership

The cooperation prioritises policies and planning, and technologies, amongst others.

South Korea, UK partner to boost RE, nuclear cooperation

The parties also discussed collaboration for offshore wind and hydrogen.

South Korea’s electricity demand up by around 3% in 2022

Renewables and nuclear mainly catered to the demand growth.

Deep Wind Offshore, bp form JV for project dev’t in South Korea

Deep Wind Offshore currently has four projects in the country.

South Korea eyes energy cooperation with Poland, Czech Republic

They are looking at working together on nuclear power plants and high-tech fronts.