DAEJEON, Nov. 5 (Korea Bizwire) — A South Korean research team has succeeded in verifying new technology capable of generating electricity using supercritical carbon dioxide, known to demonstrate exceptional efficiency in generating electricity while acting as both a liquid and gas. The Korea Institute of Machinery and Materials (KIMM) announced Tuesday that it developed core [...]
DAEJEON, Nov. 4 (Korea Bizwire) — A newly developed biofuel cell generates electricity using human perspiration. The Korea Research Foundation announced Tuesday that a joint research team from Sogang University and Sookmyung Women’s University had developed a technology that uses sportswear fabric to turn the glucose in human perspiration into electric energy. While many studies [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korean researchers have developed new technology that allows for the production of electricity and salt using solar panels. The state-run utility Korea Electric Power Corp. (KEPCO) announced on Thursday that a consortium including the Green Energy Institute had developed a 100 kilowatt (kW) salt-producing solar panel system. These [...]
SEOUL, June 8 (Korea Bizwire) — With the coronavirus impacting the real economy, demand for electricity, a barometer used to measure economic activity, has decreased. The Electric Power Statistics Information System (EPSIS) reported that last month’s largest daily electricity usage occurred on May 18 at 5 p.m., measured at 65,700 megawatt (MW). The power margin [...]
SEOUL, April 13 (Korea Bizwire) — South Korea saw its trading volume of electricity generated from biomass soar nearly 51 percent in 2019 from a year earlier, data showed Monday. The amount came to 4,199 gigawatt-hours (GWh) last year, up 50.7 percent from the previous year, according to the data by state-run utility firm Korea [...]
SEOUL, Feb. 25 (Korea Bizwire) — South Korea’s electricity generation fell for the first time in more than two decades in 2019 amid an economic slowdown and favorable weather conditions, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 562,239 gigawatt hours (GWh) last year, down 1.5 percent from [...]
GWANGJU, Dec. 31 (Korea Bizwire) — New technology has been developed by South Korean researchers that can convert even ultraviolet light into electricity. A joint research team from the Gwangju Institute of Science and Technology (GIST) and the Korea Photonics Technology Institute said Monday that it had succeeded in developing hybrid flexible copper indium gallium [...]
DAEJEON, Dec. 17 (Korea Bizwire) — A South Korean research team has developed an eco-friendly generator that absorbs small amounts of water from the atmosphere to generate electricity. Researchers at the Korea Advanced Institute of Science and Technology (KAIST) found that if a small amount of water (0.15 ml) is dropped on one side of [...]
SEOUL, Nov. 12 (Korea Bizwire) — Experts have raised concerns that South Korea supply of electricity may come under strong pressure in the winter months as an increasing number of companies and buildings are replacing oil or natural gas with electricity to run their heating systems. “More than 60 percent of total energy consumption in [...]
SEOUL, May 2 (Korea Bizwire) – The latest data from the Korea Energy Agency has revealed that new and renewable energy sources accounted for 6.61 percent of total electricity generation in South Korea in 2015, up from 4.92 percent in 2014 and surpassing 5 percent for the first time. The improvement was largely attributed to [...]