GWANGJU, Nov. 1 (Korea Bizwire) — Global electric power experts and engineers gathered in South Korea on Wednesday to exchange views on the future of the power industry at an exhibition hosted by the state-run Korea Electric Power Corporation (KEPCO). The Bitgaram International Exposition of Electric Power Technology (BIXPO) kicked off its three-day run in [...]
SEOUL, Oct. 27 (Korea Bizwire) – The three-month construction suspension of two nuclear reactors in the southeastern industrial city of Ulsan will likely have cost the country’s state-run utility company 75.8 billion won (US$67.1 million) in lost profit, an opposition lawmaker said Friday. The Moon Jae-in administration on Tuesday decided to restart work on the [...]
SEOUL, Oct. 17 (Korea Bizwire) – KEPCO (Korea Electric Power Corporation) announced on October 16 that it had held a commemorative ceremony for the successful construction of a one-megawatt demonstration plant capable of separating up to 90 percent of carbon dioxide from emissions. The plant is located at a thermal power station of the Korea [...]
SEOUL, Oct. 10 (Korea Bizwire) — The South Korean government vowed Tuesday to support local companies’ bids to export nuclear reactors overseas, in a move to ease concerns that its nuclear phase-out plan could adversely affect efforts to new secure contracts. The Ministry of Trade, Industry and Energy held a meeting with state-run utilities, construction [...]
SEOUL, Sept. 19 (Korea Bizwire) – South Korea is eyeing Saudi Arabia’s first nuclear power plant project, hoping to export its nuclear technology following a 2009 deal with the United Arab Emirates (UAE), the government said Tuesday. Saudi Arabia, the world’s largest crude exporter, is set to announce a plan to build two nuclear reactors [...]
DANBURY, Conn., Sept. 5 (Korea Bizwire) — FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced a 20 megawatt fuel cell project with Korea Southern Power Company (KOSPO). The SureSource 3000™ power plants will cleanly produce electricity and [...]
SEOUL, Aug. 23 (Korea Bizwire) – Korea Electric Power Corp. (KEPCO), the state-run public utility firm, signed on as a corporate sponsor for the 2018 PyeongChang Winter Olympics on Wednesday. KEPCO is the first public corporation to lend support to PyeongChang 2018. As a “Tier One” partner, KEPCO reserves a wide range of marketing rights, [...]
JEJU, Aug. 23 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO) is set to build smart electric vehicle charging stations on Jeju Island for the first time in South Korea as part of efforts to deliver on a commitment to make the island carbon-free by 2030. According to the Jeju branch of KEPCO on [...]
SEOUL, June 27 (Korea Bizwire) — State-run electricity provider Korea Electric Power Corp. said Tuesday that it will run some 1,500 charging stations for electric vehicles (EVs) across the country starting on July 3. The 1,560 charging stations will be available at KEPCO’s operations center, public parking lots and some apartment complexes, it added. The [...]
SEOUL, May 26 (Korea Bizwire) – State-run Korea Electric Power Corp. (KEPCO) said Thursday it has joined forces with General Electric for co-investment in the development of next-generation electric power facilities. The South Korean utility firm and the U.S. aviation and energy conglomerate held an opening ceremony of its joint office in Naju, some 399 [...]