South Korea

Analysts find loopholes in Korean Re’s move to halt coal reinsurance

The company announced it will stop providing reinsurance to new coal mining or power plants.

KEPCO cannot keep resorting to bonds to pay fossil-linked debt

State-owned electricity provider Korea Electric Power Corporation (KEPCO) may be running out of tricks to resolve its debt problems.

South Korea unveils new hydrogen policies

It aims to be a global hydrogen powerhouse.

South Korea’s gas consumption to fall 4% in 2022: report

It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.

ACWA Power, KEPCO ink deal for green hydrogen, ammonia projects development

The partnership is aimed to decarbonise the operations of KEPCO.

South Korea to strengthen energy cooperation with ASEAN

Areas of focus will include the enhancement of clean energy and data exchange.

KHNP, Doosan Enerbility, manufacturers sign deal to support nuclear energy

The MoU targets to “raise competitiveness through mutual growth.”

ACWA Power, POSCO partner to develop green hydrogen in South Korea

The MoU seeks to decarbonise POSCO Group’s power generation.

Here are South Korea’s new ‘five-fold’ energy policies

This includes increasing the nuclear energy ratio to 30% by 2030.

SK D&D, Siemens Gamesa close deal for 75MW wind farm project

This is the third largest wind farm project in South Korea.

South Korea, Poland cooperate in nuclear power, defense 

Discussions also covered development of hydrogen, battery and CCUS. 

What could help South Korea achieve its clean energy goals

Solar and offshore wind power may be the key, GlobalData said.

Korea, Czech Republic partner to develop nuclear, hydrogen 

The two states signed ten memoranda of understanding.