Ministry of Trade, Industry and Energy
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Minister Paik attends launch ceremony for Saudi nuclear project support center
Minister of Trade, Industry and Energy Paik Ungyu (eighth from left) attended the opening ceremony for an office center aimed at supporting the Korean tender for a Saudi Arabian nuclear energy project, in Seoul on July 2. The support center was opened as the Korea Electric Power Corporation (KEPCO), the state-run energy utility, was sh...
Minister Paik speaks at World Gas Conference
Minister of Trade, Industry and Energy Paik Ungyu attended the World Gas Conference (WGC) and spoke during the closing session, in Washington D.C. on June 29. In his key note speech at the conference, Minister Paik spoke about Korea's energy transition policies and predicted a growing dominance of gas in the future energy scene, along ...
Minister Paik underlines strategic industries at offshore wind power forum
Minister of Trade, Industry and Energy Paik Ungyu emphasized the importance of developing strategic industries during a speech to representatives from the energy industry at a forum on the industrialization of offshore wind power in Seoul on June 26.Mentioning the energy transition announced last year by the Moon administration, Minister Paik said ...
Korea, China hold inaugural energy dialogue
Director General for Energy Industry Policy Park Sung-taek from the Ministry of Trade, Industry and Energy (fourth from right) led the first Korea-China Energy Cooperation Dialogue, in Seoul on May 29. The meeting was attended by Korean and Chinese government officials and representatives from energy industries, including gas, utilitie...
Minister Paik discusses energy cooperation with Japanese tech leader
Trade, Industry and Energy Minister Paik Ungyu (third from left) discussed with SoftBank Group CEO Masayoshi Son (second from right) to seek energy cooperation during his visit to Tokyo, Japan, on May 8.During the meeting, Minister Paik and CEO Son exchanged views on various topics, including cooperation on renewable energies, construction of a Nor...
Vice Minister Lee speaks at 16th International Energy Forum in New Delhi
Trade, Industry and Energy Vice Minister Lee Inho (center) explained Korea’s cases of energy innovation at the 16th International Energy Forum held in New Delhi, India from April 10 to 12 (India time).During a presentation on the last day of the three-day forum, Vice Minister Lee highlighted the importance of technology innovation for improvi...
Minister Paik visits Barakah nuclear power plant construction site in UAE
Trade, Industry and Energy Minister Paik Ungyu (center, in yellow vest) visited the construction site of the Barakah Nuclear Energy Plant in the United Arab Emirates (U.A.E.) on February 24 (U.A.E. local time).During the visit, Minister Paik met with Emirates Nuclear Energy Corporation (ENEC) CEO Mohamed Al Hammadi to check the construction progres...
Minister Paik meets with energy industry leaders
Trade, Industry and Energy Minister Paik Ungyu (seventh from right) posed for a photo with representatives of the energy sector during the New Year’s gathering with the industry at a hotel in downtown Seoul on January 23. The New Year’s gathering was arranged to encourage the energy industry and promote its further development. I...
Ministry announces 8th Basic Plan for Electricity Supply and Demand
The Ministry of Trade, Industry and Energy announced on December 14 a draft of the 8th Basic Plan for Long-term Electricity Supply and Demand. Under the new biennial plan, which reflects environmental and safety factors in addition to stable power supply and economic efficiency, Korea will produce more power from renewable energy sourc...
Minister Paik discusses energy ties with UK’s Energy Secretary
Trade, Industry and Energy Minister Paik Ungyu (right) posed for a photo with Secretary of State for Business, Energy and Industrial Strategy (BEIS) Greg Clark during his visit to London, United Kingdom, on November 27. During their meeting, Minister Paik and his counterpart Secretary Clark discussed ways of expanding cooperation in the nucle...