SEOUL, Sept.10 (Korea Bizwire) — South Korea’s sweeping government reorganization to expand the Ministry of Environment into a new Ministry of Climate, Energy and Environment is drawing sharp criticism from energy experts, who warn that dividing authority over fossil fuels and renewables could weaken policy coherence and threaten energy security. Under the plan, the Environment [...]
SEOUL, Aug. 13 (Korea Bizwire) – South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has announced a new rebate program offering consumers a 10% refund on energy-efficient household appliances purchased after July 4, 2025. The initiative, known as the “Top Efficiency Household Appliance Rebate Program,” aims to encourage the purchase of energy-saving products and [...]
SEOUL, April 26 (Korea Bizwire) – The South Korean government is continuing its efforts to encourage the use and trade of renewable energy including solar and wind power. A new initiative spearheaded by the Ministry of Trade, Industry and Energy (MOTIE) to install solar panels on the rooftops of around 2,500 schools by 2020 was revealed [...]