Energy & Green Archives | Be Korea-savvy

Archive by category Energy & Green

Korean Island to be Fully Powered by Direct Current Distribution System

Korean Island to be Fully Powered by Direct Current Distribution System

SEOUL, Aug. 19 (Korea Bizwire) — A South Korean island off the southwestern coast will be fully powered by a low-voltage direct current (LVDC) distribution system, officials here said Monday. LSIS Co., a major power equipment maker, and the Korea Electric Power Corporation (KEPCO) Research Institute said they’ve successfully established a LVDC distribution network on [...]

SK Innovation to Borrow 800 bln Won for Battery Business

SK Innovation to Borrow 800 bln Won for Battery Business

SEOUL, Aug. 15 (Korea Bizwire) – SK Innovation Co., South Korea’s biggest refiner, said Thursday it will borrow 800 billion won (US$658 million) overseas by next year to invest in car battery and battery separator plants. SK Innovation has increased in the battery business as it sees a new growth driver for the country’s third-biggest [...]

Ulsan to Build Pipeline Between Hydrogen Supplier and Filling Stations

Ulsan to Build Pipeline Between Hydrogen Supplier and Filling Stations

ULSAN, Aug. 14 (Korea Bizwire) — The city of Ulsan plans to build South Korea’s first pipeline system to supply hydrogen. The city signed an agreement with six agencies and businesses including the Korea Gas Safety Corp. (KGS) on Tuesday to build pipelines between hydrogen filling stations and hydrogen supplier Deokyang Co., and establish a [...]

S. Korean EV Battery Makers Set to Face Fierce Competition in Europe in 2025

S. Korean EV Battery Makers Set to Face Fierce Competition in Europe in 2025

SEOUL, Aug. 14 (Korea Bizwire) — South Korea’s electric vehicle (EV) battery makers are expected to face fierce competition in Europe in the upcoming years as European companies are ramping up efforts to expand their clout in the fast-growing sector, a trade organization here said Wednesday. LG Chem Ltd., Samsung SDI Co., and SK Innovation [...]

Researchers Develop New Technology to Produce Cheaper Hydrogen

Researchers Develop New Technology to Produce Cheaper Hydrogen

SEOUL, Jul. 24 (Korea Bizwire) — A South Korean research team has developed a new technology that can significantly reduce the cost of catalysts required to produce hydrogen, an eco-friendly source of energy, by electrolyzing water. The Korea Institute of Materials Science (KIMS) research team announced on Tuesday that it has developed a more affordable [...]