SEOUL, Sept. 19 (Korea Bizwire) – South Korea will establish a centralized “control tower” to manage its renewable energy policies and prepare backup facilities for solar and wind power plants for stable power supply, a government panel said Tuesday. The government plans to increase the ratio of renewable energy from the current 1.9 percent to [...]
BUSAN, Aug. 28 (Korea Bizwire) — On August 27, Busan Green Energy, a special purpose company formed by the Busan Metropolitan City government, the Korea Hydro and Nuclear Power Company, Busan City Gas and Samsung C&T Corporation, announced that it will hold an opening ceremony to commemorate a fuel cell power plant that was completed [...]
SEOUL, Aug. 18 (Korea Bizwire) – The Seoul Metropolitan Government has announced plans to open a hydrogen energy trial zone for a limited period of time at the Hangang Park in the hopes of promoting the use of renewable energy. “It is not only the very first hydrogen energy experience zone in South Korea, but [...]
SEOUL, Aug. 10 (Korea Bizwire) — As the South Korean government has promised to denuclearize the country, tidal and wave power could be among the most ideal types of renewable energy to replace the country’s previous reliance on nuclear power, a group of environmental researchers have claimed. In a report released on Wednesday, a group [...]
SEOUL, July 19 (Korea Bizwire) – South Korea aims to generate 20 percent of its electricity with clean, renewable energy by 2030, while reducing its reliance on fossil fuel and nuclear power plants, the new Moon Jae-in administration said Wednesday. In a policy report to President Moon Jae-in, who took office in May, the State [...]
SEOUL, Jul. 6 (Korea Bizwire) — The volume of electricity generated from renewable energy hit a record high last year, aided by a surge in power generation coming from biomass and by-product gas, data showed Thursday. According to the data compiled by the Korea Power Exchange, a total of 19.35 million megawatt-hours worth of electricity [...]
SEOUL, Jun. 28 (Korea Bizwire) — The presidential office Cheong Wa Dae on Wednesday defended the government’s decision to temporarily suspend the construction of two nuclear reactors, saying it was made after “painstaking deliberations.” On Tuesday, Cheong Wa Dae announced that the government will halt the construction of the reactors in Ulsan, 414 kilometers southeast [...]
TOKYO, June 21 (Korea Bizwire) – As the South Korean government continues its efforts to lower reliance on nuclear energy and focus on renewable energy, the Japanese media is paying attention to its neighbor’s denuclearization policy in memory of the Fukushima Daiichi nuclear disaster in 2011. The headline that covered the front page of Tokyo [...]
SEOUL, June 20 (Korea Bizwire) – The Moon administration’s efforts to mothball nuclear power plants and focus on renewable energy are being met with significant challenges. On Monday, President Moon attended an event held at Kori Nuclear Power Plant in Busan in celebration of the permanent closure of the very first nuclear power reactor in the [...]
SEOUL, Jun. 19 (Korea Bizwire) — Amid growing public interest and demand for more eco-friendly and energy-saving electric alternatives, the city government of Yongin is ramping up its financial support for renewable energy enthusiasts in an effort to broaden the use of electric cars in the region. According to the city government, an overwhelming number [...]