SEJONG, Jun. 11 (Korea Bizwire) — Electric shocks are mainly to blame for a series of fires in energy storage systems (ESS), an expert panel said Tuesday, prompting the government to strengthen safety measures of major components of ESS products. The panel said that DC contactors can explode when a battery system is hit by [...]
SEOUL, Jun. 10 (Korea Bizwire) – The government plans to cut subsidies given to Solid Refuse Fuel (SRF) in which plastic waste is burned to generate heat or electricity. The Ministry of Trade, Industry and Energy said on Sunday that any plants or incineration facilities that use non-renewable SRF will be cut off from receiving Renewable [...]
SEOUL, Jun. 10 (Korea Bizwire) — A South Korean research institute said Monday it has developed a new type of thermal management system with twice the cooling properties of existing devices, which can reduce the frequency of various electronic appliances malfunctioning. The new system uses Direction-Free Thermal Ground Plane (TGP) instead of the conventional heat [...]
SEOUL, Jun. 9 (Korea Bizwire) — Sales of environment-friendly cars in South Korea jumped nearly 28 percent in the first five months of the year compared with a year earlier on the back of strong demand for electric vehicles (EVs), industry data showed Sunday. The number of environment-friendly vehicles, such as hybrid electric, all-electric and [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korean researchers have developed new technology to produce eco-friendly renewable energy from leftover coffee grounds. The Korean Institute of Machinery and Materials reported on Wednesday that chief researcher Choi Yeon-seok has developed what is being called a Tilted-Slide Fast Pyrolyzer. This technique employs the method of rapidly heating [...]
SEOUL, Jun. 4 (Korea Bizwire) — A group of South Korean researchers on Tuesday said they have developed a simple and efficient process to make clean energy from carbon dioxide (CO2), which is cited as a major cause of global warming. The system that uses plain water, catalysts made from reusable and cheap zinc or [...]
SEOUL, Jun. 4 (Korea Bizwire) — South Korea on Tuesday reaffirmed its strong commitment toward reduced dependency on conventional energy sources, such as coal, and more environment-friendly sources. The country’s new energy policy roadmap, proposed in April, was approved at the Cabinet meeting, according to the Ministry of Trade, Industry, and Energy. South Korea’s energy [...]
SEOUL, Jun. 2 (Korea Bizwire) — SK energy Co., a wholly owned unit of the country’s leading refiner SK Innovation Co., said Sunday it will invest 250 billion won (US$209.8 million) to transform its facilities into environment-friendly ones. SK energy, which supplies gasoline, diesel, and liquefied petroleum gas products to local consumers, plans to gradually [...]
SEOUL, May 30 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) announced on Wednesday that it will be installing additional virtual power plants (VPP), facilities that can generate income by selling the amount of electricity saved, in small to medium-sized buildings throughout all 25 districts. The city plans to expand the plants’ generation capacity to [...]
SEOUL, May 30 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will build a commercial hydrogen charging station at the National Assembly by August in extended efforts to promote hydrogen vehicles. It will be the first commercial hydrogen charging station in Seoul and the world’s first such facility at a parliament building, Hyundai said [...]