energy Archives | Page 5 of 6 | Be Korea-savvy
What If You Can Get Paid to Go to the Bathroom?

What If You Can Get Paid to Go to the Bathroom?

ULSAN, South Korea, Aug. 29 (Korea Bizwire) – UNIST (Ulsan National Institute of Science and Technology) has the perfect solution for an unwanted problem with its sewage-to-currency technology. The technology is currently being exported to China.  The institute recently announced that it signed a business agreement with Chinese firm Xi Jia International Trade Co., Ltd. for [...]

S. Korea to Invest 42 Trillion Won in Renewable Energy Industry by 2020

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 [...]

S. Korea Turns to Arctic for New Biz Opportunities

S. Korea Turns to Arctic for New Biz Opportunities

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 [...]

Korean Energy Companies to Go Public

Korean Energy Companies to Go Public

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) [...]

S. Korea to Downsize Energy-developing Corporations

S. Korea to Downsize Energy-developing Corporations

  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 [...]

Eco-Friendly Energy Towns Kill Two Birds with One Stone

Eco-Friendly Energy Towns Kill Two Birds with One Stone

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. [...]

Men in Their 30s and 40s Overeat, Adolescent Girls Need to Eat More

Men in Their 30s and 40s Overeat, Adolescent Girls Need to Eat More

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 [...]