South Korea
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News
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 […]
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Coal
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
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Hydrogen
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 […]
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News
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 […]
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Offshore Wind
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 […]
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Nuclear
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) […]
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Coal
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. […]
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Press Releases
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 […]
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Fuel
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
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Press Releases
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 […]
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