Energy & Green Archives | Page 2 of 38 | Be Korea-savvy

Archive by category Energy & Green

Surging Interest in EVs Bodes Well for Korean Green Car Market

Surging Interest in EVs Bodes Well for Korean Green Car Market

SEOUL, South Korea, March 22 (Korea Bizwire) – South Korean TV shopping network Lotte Home Shopping recently experienced firsthand the surge in the popularity of electric cars when it aired a special program last Friday featuring electric cars for lease. During the hour-long broadcast, the network saw more than five thousand customers call in to [...]

SK E&C Joins Project To Build Iran Power Plants

SK E&C Joins Project To Build Iran Power Plants

SEOUL, March 20 (Korea Bizwire) – SK Engineering & Construction (SK E&C) has teamed up with a Turkish firm for a multi-billion-dollar project to build and operate new power plants in Iraq, the South Korean firm said Saturday. Officials from the South Korean builder said the company has successfully purchased a 30 percent stake in UNIT International S.A., Turkey’s energy giant, one day after the two [...]

Doosan Heavy Bags 300 Bln-Won Deal to Upgrade Indonesian Power Plant

Doosan Heavy Bags 300 Bln-Won Deal to Upgrade Indonesian Power Plant

SEOUL, March 14 (Korea Bizwire) – Doosan Heavy Industries & Construction Co., South Korea’s top power equipment maker, said Tuesday that it has bagged a 300 billion-won (US$262 million) deal to upgrade an existing power plant in Indonesia.  Under the deal with the state-run Indonesian PLN, Doosan Heavy and a state-run Indonesian construction firm will [...]

Growing Carbon Market in Korea Faces Liquidity Challenges

Growing Carbon Market in Korea Faces Liquidity Challenges

SEOUL, March 13 (Korea Bizwire) – Carbon emissions trading is growing in South Korea as more companies are compelled to abide by the government’s scheme to reduce carbon-dioxide emissions, but many businesses fear they won’t meet emissions targets this year. Companies are required to have any emissions excess deducted from their permitted amount for the [...]

New “Blackbox” and “Remote Control System” Prepare for Nuclear Power Plant Disasters

New “Blackbox” and “Remote Control System” Prepare for Nuclear Power Plant Disasters

DAEJEON, March 9 (Korea Bizwire) – In a bid to better prepare for unforeseen accidents at nuclear power plants in South Korea, the Korea Atomic Energy Research Institute said Wednesday that it is developing a Nuclear Blackbox to monitor in real time nuclear reactors from a safer distance, and a vehicle-based remote control system to [...]

Local Governments Encourage Use of Hydrogen-powered Cars

Local Governments Encourage Use of Hydrogen-powered Cars

  CHANGWON, March 8 (Korea Bizwire) – The Changwon municipal government will launch a series of hydrogen car projects in a bid to promote the use of alternative fuel vehicles, starting with the opening of a hydrogen station tomorrow. Changwon is the latest city in South Korea to join the recent trend of encouraging the use of [...]

S. Korea’s Public Energy Companies to Make Further Restructuring Efforts

S. Korea’s Public Energy Companies to Make Further Restructuring Efforts

SEJONG, March 7 (Korea Bizwire) – South Korea’s state-run energy resource companies will move forward with their restructuring efforts this year as part of the government-led plan to streamline operations in the midst of low global oil prices, the commerce ministry said Tuesday.  At a meeting convened by the Ministry of Trade, Industry and Energy [...]