South Korea

  • Gas Power Outlook: Volatility and Viability

    Natural gas generation’s future hinges on a precarious and exceptionally volatile set of issues that the conflict in Ukraine intensified. Experts from the full natural gas chain shed light on how that

  • Nuclear and Natural Gas Taxonomy Battles Brewing in Europe and S. Korea

    A leaked draft of the European Commission’s proposal to label some natural gas and nuclear power plants as “transitional” or “green” investments has prompted pushback from some European Union (EU) members. Criticism is also mounting in South Korea, where liquefied natural gas (LNG) was included in its new green taxonomy guidelines—but nuclear was left out. […]

  • Indonesia, Vietnam, Poland, S. Korea, Ukraine Commit to Phasing Out Coal Power

    At least 23 nations, including five notable coal-dependent countries—Indonesia, Vietnam, Poland, South Korea, and Ukraine—made new commitments during the COP26 conference in Scotland on Nov. 4 to phase out unabated coal power. In total, 47 countries supported the “Global Coal to Clean Power Transition Statement” at the international climate talks underway in Glasgow. In the […]

  • Korean Group Buying Renewable Energy Giant in $855M Deal

    South Korea-based Hanwha Solutions announced it plans to acquire renewable energy developer RES France in an $855.2 million deal expected to be finalized in the next two months. RES France is a subsidiary of UK-based RES Group, which calls itself the world’s largest independent renewable energy company. The agreement announced Aug. 9 is led by […]

  • Taean IGCC: Continued Operation, Continued Achievement

    Korea Western Power’s Taean Integrated Gasification Combined Cycle (IGCC) Power Plant this year marked 4,000 hours of consecutive accident-free operations, setting a new world record for IGCC power plants

  • South Korea Eyes First Hydrogen Gas Turbine Demonstration in 2027

    Stepping up efforts to develop a hydrogen gas turbine, Doosan Heavy Industries & Construction (DHIC) and a consortium of partners will begin South Korea’s first large-scale hydrogen gas turbine demonstration at the 1.8-GW Ulsan Combined Cycle Power Plant by 2027. DHIC, a regional energy technology conglomerate, on June 3 said it signed a series of […]

  • Rosatom Group Building Energy Storage Portfolio

    Russia’s state-owned nuclear power company Rosatom continues to diversify, as one of the group’s subsidiaries has acquired a major stake in a South Korean manufacturer of energy storage products. RENERA LLC, which is Rosatom’s integrator company for the energy storage business, and also a subsidiary of TVEL Fuel Company of Rosatom, on March 5 announced […]

  • South Korea Has Plan for $43 Billion Offshore Wind Farm

    The South Korean government has announced a major part of the country’s effort to reduce reliance on fossil fuels. President Moon Jae-in on Feb. 5 attended a ceremony in which contracts were signed for a 48.5 trillion won ($43.2 billion) plan to build the world’s largest offshore wind farm by 2030, an installation that would […]

  • Big Boost for Framatome’s Accident-Tolerant Nuclear Fuel

    In another significant boost to commercial deployment of accident-tolerant fuel (ATF) at existing nuclear reactors, the first 18-month fuel cycle test of Framatome’s GAIA Enhanced Accident Tolerant Fuel (EATF) at Southern Co.’s Vogtle 2 has “demonstrated expected results and excellent performance,” Framatome said on Feb. 2. Southern Nuclear installed four GAIA lead fuel assemblies (LFAs) […]

  • South Korea Lenders Will End Support for Coal

    Affiliates of one of South Korea’s largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power plant project that has been expected to come online in 2024. The six financial affiliates of the Hanwha Group, during a video conference on Jan. […]

  • GE will supply GE’s 7HA.03, the World’s Largest, Most Efficient, Flexible 60 Hz gas turbine, to Support Heat and Power for Korea’s Administrative Capital Sejong City

    KOSPO’s New Shinsejong Combined Cycle Power Plant will be the first plant powered by GE 7HA.03 gas turbine in Korea. Plant will deliver power to the Korean grid and supply district heating to Sejong City GE’s 7HA.03—an H-Class evolution—is the world’s largest, most efficient, and flexible gas turbine with the lowest cost conversion of gas […]

  • South Korea Joins Japan and China with Carbon-Neutral Pledge

    South Korea, Japan, and China, countries that rely heavily on coal power generation to fuel their economies, separately announced ambitious goals to achieve net-zero greenhouse gas (GHG) emissions within the

  • Bloom Energy and SK E&C Win Competitive Bid for Korea’s Changwon RE100 Project to Supply 100% Hydrogen-Powered Solid-Oxide Fuel Cells and Electrolyzers

    SAN JOSE, Calif. (Nov. 18, 2020) — Bloom Energy (NYSE: BE) and SK Engineering and Construction (SK E&C) today announced they have won a competitive Request for Proposal (RFP) under the RE100 program to supply solid-oxide fuel cells (SOFC) powered by 100 percent hydrogen and electrolyzers to an industrial complex in Changwon, Korea. The RE100 […]

  • South Korea Will Close Half Its Coal-Fired Fleet

    South Korea’s president said the country will shutter 30 more coal-fired power plants by 2034, and bring additional solar and wind power resources online in the next five years in order to meet emissions reductions targets. President Moon Jae-in made the announcement Sept. 8 in a speech he delivered virtually for the United Nations’ International […]

  • South Korea Forays into Gas Turbine Manufacturing

    Doosan Heavy Industries & Construction (DHIC) this summer made major strides to establish itself at the core of South Korea’s strategy to become only the fifth country to own an independent gas turbine

  • Assembly Phase Underway for ITER Nuclear Project

    Officials with the ITER project in France said work has started on the assembly of giant components needed for construction of an experimental nuclear fusion reactor, a project designed to demonstrate the scientific and technological feasibility of fusion energy for peaceful use. The ITER group, in a ceremony July 28 that was broadcast online (see […]

  • Keeping the Lights on in South Korea

    South Korea has flourished over the past six decades, transforming its place on the world stage. However, progress has come at a price—far higher than average pollution generated from its energy grid. On its path of progress, the country has capitalized on the promise of cheap coal power. Meeting its energy and emissions goals will […]

  • Innovative Distributed Generation Projects Provide Power to Remote Areas

    Remote communities have become testing grounds for innovative power projects. These areas traditionally have been powered by fossil fuel generation, usually diesel fuel or oil and sometimes natural gas, and

  • South Korea Continues Nuclear Phase-out

    South Korea has announced the permanent closure of another nuclear reactor, as the country continues to phase out thermal power generation and increase the use of renewable resources for electricity. The

  • Dependable Renewable Energy for the Power Grid

    Although wind and solar facilities receive most of the renewable power publicity, biomass offers a reliable baseload solution for power generators. State-of-the-art circulating fluidized bed boilers are a

  • A Busy Summer for New Nuclear Power Plants

    Several new nuclear plants around the world marked important milestones over the summer. Among notable projects are those that began second units of new third-generation reactor designs—such as the EPR

  • NRC Certifies South Korea’s APR1400 Nuclear Reactor Design for U.S. Use

    The Nuclear Regulatory Commission (NRC) has certified the Advanced Power Reactor 1400 (APR1400), a third-generation design developed by deployed by South Korean state-owned companies Korea Electric Power Corp. (KEPCO) and Korea Hydro and Nuclear Power (KHNP). The U.S. nuclear regulatory body on May 1 said it will issue a direct final rule certifying the reactor […]

  • Flexible Operation of Nuclear Power Plants Ramps Up

    A widespread misconception persists that nuclear plants can only function as inflexible baseload sources of power—and it’s hurting prospects for the nuclear sector’s role in the world’s future power

  • THE BIG PICTURE: World’s Biggest Power Companies

    In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

  • Fuel Cell Technology Key to South Korea’s Energy Future

    South Korea is reliant on coal-fired and nuclear power for much of its power generation, and is among the world’s leading importers of liquefied natural gas (LNG). The administration of President Moon

  • POWER Digest [January 2019]

    EDF Inks Agreement for O&M Services at UAE Nuclear Plant. French nuclear power plant operator EDF will operate and maintain the Barakah Nuclear Energy Plant in the United Arab Emirates (UAE) under a

  • Blockchain-Enabled VPP Planned for South Korea

    The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

  • POWER Digest [December 2018]

    Veolia Hungary Creates VPP Portfolio. Veolia Hungary in October acquired a 51% ownership share in CHP Eromu Kft., the first step in a process for Veolia to create a virtual power plant (VPP) portfolio. The

  • South Korea Adding Bio-Heavy Oil as Renewable Energy Resource

    South Korean legislators in September passed a law allowing the use of bio-heavy oil to generate electricity. The law, expected to be implemented at the start of 2019, is designed to use the oil, made from

  • Intense Summer Heatwaves Rattle World’s Power Plants

    Scorching temperatures during the summer of 2018 forced a swathe of power plants across the world to reduce power or shut down temporarily, owing to warmer-than-usual temperatures of cooling water and other