South Korea
South Korea and Czech Republic join hands for energy expansion
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.
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.
Ocean Winds, Ulsan partner to develop South Korean floating offshore wind project
The KF Wind project has a total capacity of 1.2 gigawatts.
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.
SK ecoplant acquires 20% stake in World Energy GH2 green hydrogen project
It will start to produce green hydrogen by March 2025.
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.
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