SEOUL, May 16 (Korea Bizwire) — South Korea’s industry ministry said Thursday it has promoted the Carbon-Free Energy initiative (CFE) during an energy ministerial meeting held in Indonesia this week, in line with efforts to promote the use of clean energy to address climate change. According to the Ministry of Trade, Industry and Energy, South [...]
SEOUL, Mar. 6 (Korea Bizwire) — South Korea’s inflation ticked up to over 3 percent in a month in February on high prices of fresh food items and energy, data showed Wednesday. Consumer prices, a key gauge of inflation, rose 3.1 percent on-year last month, compared with a 2.8 percent increase a month earlier, according [...]
SEOUL, Sept. 27 (Korea Bizwire) — Top industry officials of South Korea and Qatar discussed ways Wednesday to enhance bilateral cooperation on the energy and shipbuilding industries, Seoul’s industry ministry said. During the meeting in Seoul, South Korea’s Industry Minister Bang Moon-kyu and Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi discussed how [...]
SEOUL, June 11 (Korea Bizwire) — Solar power generation accounted for close to 40 percent of South Korea’s overall electricity demand at one point in April, industry data showed Sunday, suggesting it has emerged as a major source of energy in the country. A total of 21,778 megawatts was generated through solar power between noon [...]
SEOUL, June 1 (Korea Bizwire) — The government is encouraging retailers to install doors on open refrigerated display cases at their food corners as a means to promote energy conservation. Second Vice Industry Minister Kang Kyung-sung visited a Lotte Mart’s outlet in Seoul on Wednesday and urged the retail industry to actively participate in the [...]
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 [...]
SEJONG, April 5 (Korea Bizwire) — New technology has been developed to enable three types of urban waste – household waste, food waste and sewage sludge – to be simultaneously processed and converted into energy. The real life application is pending for the new technology since demonstration testing is already complete. The Ministry of Land, [...]
SEOUL, Feb. 16 (Korea Bizwire) – South Korea’s electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 552,165 gigawatt hours (GWh) last year, down 1.9 percent from the previous year, according to [...]
SEOUL, Dec. 24 (Korea Bizwire) — Middle-aged men are consuming too many calories, while women in their 20s typically consume less energy than they need. The Ministry of Health and Welfare published a report Wednesday on calorie consumption categorized by age and gender. The report, based on a study led by the Korean Nutrition Society, [...]
SEOUL, Nov. 26 (Korea Bizwire) — Another name for Jeju Island is “Samda-do”, meaning “Island of Three Abundances”, since it has lots of rocks, wind, and women. It is no wonder that recently Jeju Island has laid out the ambitious goal of establishing itself as eco-friendly energy mecca in Asia for this reason. According to [...]