SEOUL, Nov. 22 (Korea Bizwire) — Seoul National University (SNU) consumed the most energy among all facilities in Seoul in 2021 for the 10th year in a row, data showed Tuesday. According to the data by the Seoul Metropolitan Government, the country’s most prestigious university consumed 53,318 tons of oil equivalent (TOEs) of energy last [...]
SEOUL, Sept. 30 (Korea Bizwire) — The government decided to enforce measures to reduce energy consumption by public institutions by 10 percent starting next month to cope with soaring energy costs, the finance ministry said Friday. All central and provincial public institutions are required to implement energy-saving steps, such as limiting the indoor temperature of [...]
SEJONG, Dec. 4 (Korea Bizwire) — With the COVID-19 outbreak spreading rapidly in recent days, energy consumption at residential buildings has increased, while that of non-residential buildings is dropping. The Ministry of Land, Infrastructure and Transport said Thursday an analysis of building energy consumption for the second quarter of this year showed that patterns of [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s annual energy consumption is expected to decline for the first time since 2009, a report showed Sunday, possibly due to sluggish exports and weak consumption at home that have apparently led to a drop in output. In the first seven months of the year, the country’s overall [...]
SEOUL, Jul. 13 (Korea Bizwire) — SK Telecom revealed yesterday that it had developed two systems for Hyundai Motor’s Ulsan factory, allowing the facility to be more efficient with its energy consumption. One is a combined heat and power system and the other, a factor energy management solution. The combined heat and power system will [...]
SEOUL, Apr. 16 (Korea Bizwire) — South Koreans ranked fifth in per capita energy consumption among member states of the Organization for Economic Cooperation and Development (OECD) in 2016, data released on Monday showed. Individual South Koreans consumed an average of 5.6 TOE (ton of oil equivalent) during that year. The figure places them after [...]