power trading Archives | Be Korea-savvy

Power Trading Volume Hits Record in H1 on Eased Social Distancing Restrictions, Early Heat

SEOUL, July 11 (Korea Bizwire) — South Korea’s electricity transaction volume touched a new all-time high in the first half of the year due to eased social distancing restrictions and an early heat wave, data showed Monday. The volume of power traded in Asia’s fourth-largest economy stood at 269,432 gigawatt-hours (GWh) in the January-June period, [...]

Samcheok Creates Energy Trading Village

SAMCHEOK, Aug. 23 (Korea Bizwire) — The city of Samcheok in Gangwon Province has announced plans to develop an energy trading village where residents will be able to buy and sell electricity among themselves. The target village is located within Jeongsang-dong, where solar power facilities are installed at 94 out of 200 households. To create [...]