SEOUL, July 7 (Korea Bizwire) – South Korea said Thursday it will hold working-level talks with France this week on promoting a partnership in the nuclear energy field. The two-day bilateral “joint coordinating committee” meeting is due to open in Seoul later in the day, according to the Ministry of Science, ICT and Future Planning. [...]
SEJONG, July 5 (Korea Bizwire) – South Korea will invest a combined 42 trillion won (US$36.6 billion) into the renewable energy sector by 2020 as part of efforts to expand the environmentally friendly power supply system in the country, the trade ministry said Tuesday. Under the plan, new renewable power stations will be built by [...]
MURMANSK, Russia, June 17 (Korea Bizwire) – Government officials and scholars from South Korea and Russia gathered in the northern Russian city of Murmansk Thursday to discuss the prospects of cooperation in the Arctic Ocean. Kim Chan-woo, South Korea’s ambassador for Arctic Affairs, opened the first seminar between the two countries on Arctic issues. “The [...]
SEJONG, June 14 (Korea Bizwire) – The Korean government revealed Tuesday that it would relax regulations on the sale of electricity, which is currently monopolized by the Korea Electric Power Corporation (KEPCO). It also decided to launch IPOs for six KEPCO power generation companies, and two state-owned energy enterprises – the Korea Gas Technology Corporation (KGTC) [...]
SEJONG, June 14 (Korea Bizwire) – The South Korean government said Tuesday that it will downsize state-run energy and resource development companies and open the power supply market to the private sector as part of its industry-wide corporate restructuring efforts to increase adaptability to a global low oil price trend. The Ministry of Strategy [...]
SEOUL, May 25 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO) is participating in Dubai’s efforts to transform into a smart-energy city. KEPCO and DEWA (the Dubai Electricity and Water Authority) held a groundbreaking ceremony on May 24 for the pilot phase of a smart grid station (SGS) project, at DEWA’s vehicle workshop in [...]
SEOUL, Dec.23 (Korea Bizwire) – A Christmas tree with lights powered by a bicycle ‘generator’ has been set up in Seoul Square. A book tree made out of 800 donated books now stands at the Songpa-gu Office, and a ‘recycled tree’ made out of 588 recycled plastic boxes is drawing attention at the Gangdong-gu Office. [...]
HONGCHEON, Dec.11 (Korea Bizwire) – A ribbon cutting ceremony was held to celebrate the completion of Hongcheon Eco-friendly Energy Town, which is composed of unwanted public facilities such as manure treatment plants. A total of 500 guests, including Minister of Environment Yoon Sung-gyu, Gangwon Province Governor Choi Mun-soon, and Korea Environment Corporation Chairman Lee Si-jin. [...]
SEOUL, Nov.29 (Korea Bizwire) – Males in their 30s and 40s intake more energy than they need, while females in their teens and 20s lack energy. The Ministry of Health and Welfare announced the ’2015 Korean Standard of Nutrient Intake’ on November 26. The results above were obtained after comparing the recommended energy estimate with [...]
SEJONG, Nov. 23 (Korea Bizwire) – South Korea’s market for new energy industries is expected to reach 100 trillion won (US$86.4 billion) by 2030 on the back of efforts to expand existing know-how and develop next-generation technologies, the government said Monday. Unveiling a government strategy for boosting the new energy industry, the Ministry of Trade, [...]