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Government Limits Coal Power Plant Operation on Days with Extreme Fine Dust

Government Limits Coal Power Plant Operation on Days with Extreme Fine Dust

SEOUL, Jan. 22 (Korea Bizwire) — The Ministry of Trade, Industry and Energy announced on Monday that it will include additional fine dust reduction measures in the 9th Basic Plan on Electricity Demand and Supply, which is to be established this year. The government plans to expand its policy to limit coal power plant output [...]

S. Korea Seeks to Produce 6.2 Million Hydrogen Cars by 2040

S. Korea Seeks to Produce 6.2 Million Hydrogen Cars by 2040

SEJONG, Jan. 17 (Korea Bizwire) — South Korea announced a hydrogen economy policy blueprint on Thursday that centers on promoting eco-friendly automobiles and power cells that could create 43 trillion won (US$38.2 billion) worth of wealth in 2040. The Ministry of Trade, Industry and Energy said the policy is focused on building a society that [...]

Hydrogen Fuel Cell Vehicles Gaining Steam as Zero-emission Mobility Option in S. Korea

Hydrogen Fuel Cell Vehicles Gaining Steam as Zero-emission Mobility Option in S. Korea

SEOUL, Jan. 11 (Korea Bizwire) — In theory, hydrogen seems like the perfect energy source to power a vehicle, in that it is the most prevalent element in nature, it can be turned into electricity and emits only water. It has been several decades since the zero-emission cars entered the public consciousness as a possible [...]

Floating Solar Farms Have Limited Impact on Environment: KRC

Floating Solar Farms Have Limited Impact on Environment: KRC

SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s state-run agricultural company said Thursday that floating solar farms have limited impact on the environment, dismissing criticisms by some conservationists. The Korea Rural Community Corporation (KRC) released a report that compares reservoirs with and without floating solar panels and claimed that there were no significant changes in [...]

S. Korean EV Battery Makers Spend Big to Capture Growing Market

S. Korean EV Battery Makers Spend Big to Capture Growing Market

SEOUL, Jan. 10 (Korea Bizwire) – South Korean electric car battery makers such as LG Chem Ltd. are jacking up their investment to strengthen their standing in the global market, industry sources said Thursday. Late last year, LG Chem, the country’s leading electric vehicle (EV) battery manufacturer, announced investments totaling 3 trillion won (US$2.67 billion). [...]