South Korea
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Coal
Experts: Gas Could Challenge Coal in Asian Power Mix
Coal has dominated fuel choices in Asia since 2010, even in gas-centric Southeast Asian countries, and many forecasts assume that coal will remain the region’s most economical option. But lower natural gas prices and individual market conditions are putting a dent in coal’s future in the region, some experts note. According to Graham Tyler, Wood […]
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Nuclear
S. Korea Points to N. Korea for Nuclear Plant Hacking
Cyberattacks on Korea Hydro and Nuclear Power’s (KHNP’s) computer systems last December were committed by a group of North Korean hackers, an interim South Korean investigation has concluded. The Seoul central prosecutors office said in a March 16 statement that the malicious codes used for the nuclear operator hacking were “the same in composition and […]
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Gas
MARMADUKE AWARD: KOMIPO Relocates an Entire Combined Cycle Power Plant
Power plants are, with good reason, almost universally regarded as fixed assets to be operated, maintained, and retired on the spot where they were built. The idea of relocating something as large and
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Business
POWER Digest (August 2014)
S. Korea Extends Renewables Target Deadline. South Korea’s government on June 9 said it would push back the target for mandatory use of renewable energy by two years to ease requirements for the
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Legal & Regulatory
Japan, South Korea Stick to Nuclear Ambitions
Japan and South Korea, countries that depended heavily on nuclear power before the Fukushima catastrophe in 2011 (Figure 3), separately released draft long-term energy plans in December, both placing renewed
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Nuclear
S. Korea Indicts 100 in Nuclear Graft Scandal, Considers Drastic Cut in Future Nuclear Power Share
South Korea in the past week indicted 100 people—including officials from the state-run nuclear power plant operator—of corruption in a scandal over forged nuclear safety certifications. It is now also considering freezing ambitions to maintain nuclear’s 29% share in its total power mix—which means scrapping a previous goal to increase it to 41% by 2035. The scandal […]
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