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Archive by category Hydrogen/Nuclear & Renewable Energy

S. Korean Hydrogen Council Creates Fund for Hydrogen Industry

S. Korean Hydrogen Council Creates Fund for Hydrogen Industry

SEOUL, July 7 (Korea Bizwire) — The Korea H2 Business Summit, a hydrogen council established primarily by major companies such as Hyundai Motor, SK and POSCO, on Wednesday set up a fund to promote the hydrogen industry. The fund worth 500 billion won (US$383 million) will be established via investments from domestic member companies and [...]

S. Korea to Expand Nuclear Power Generation to Over 30 pct of Total by 2030

S. Korea to Expand Nuclear Power Generation to Over 30 pct of Total by 2030

SEJONG, July 5 (Korea Bizwire) — South Korea will expand its generation of nuclear power to more than 30 percent of its total energy creation by 2030 as part of efforts to boost energy security and better meet carbon neutrality goals, the industry ministry said Tuesday. The Yoon Suk-yeol government has pledged to reverse the [...]