Ministry of Trade, Industry and Energy

Minister Moon attends Korea Institute of Energy Technology's vision declaration ceremony

Trade, Industry, and Energy Minister Moon Sung-wook visited the Korea Institute of Energy Technology (KENTECH) in Naju-si, South Jeolla Province on March 2 to award government commendations and attend the entrance and vision declaration ceremony.   KENTECH is a newly founded technology university and Korea’s first global university solely focused on areas of energy research and technology. The school’s vision is to “nurture global leaders in future energy research and ad date2022-03-04

Minister Moon visits rare gas producer TEMC amidst Russia-Ukraine crisis

Trade, Industry, and Energy Minister Moon Sung-wook visited rare gas producer TEMC on February 28 following Russia’s Ukraine invasion on February 24, to monitor reserves status and possible war impact on gas supply.   With the guidance of TEMC CEO Yoo Won-yang, Minister Moon toured the company’s facilities and equipment, as part of inspecting Korea’s gas supply amidst rising concerns over the possible shortage of rare gases, which are widely used in manufacturing semicon date2022-03-03

Minister Moon holds Korea-US energy talks

Trade, Industry, and Energy Minister Moon Sung-wook held an online meeting with U.S. Energy Minister Jennifer Granholm at the Korea Technology Center in Seoul on February 26.   After exchanging opening remarks, the two leaders shared views on international cooperation, emergency IEA meeting results, and the IEA member states’ oil reserves release option among several measures to stabilize the global energy market.   date2022-03-02

Minister Moon attends Carbon Neutrality Public-Private Exchange Forum

Trade, Industry, and Energy Minister Moon Sung-wook attended the Energy Industry Carbon Neutrality Public-Private Exchange Forum held at the the Westin Josun Seoul Hotel on February 11 to share energy policy outcomes and future directions. Minister Moon delivered a congratulatory message, which was followed by the event’s keynote speech on the theme of “public-private solidarity and cooperation for technological energy innovation of carbon neutrality.” The forum was organized date2022-02-14

Energy Vice Minister attends opening ceremony of Korea's 1st Energy Superstation

Energy Vice Minister Park Ki-young attended the opening ceremony of Korea’s first Energy Superstation on February 9, held at SK Bangmi Gas Station in Seoul. The Minister delivered a congratulatory message and partook in the ribbon cutting ceremony, which was followed by a tour around the fuel cell and EV charging facilities.   The Energy Superstation is the nation’s first gas station to have been converted into a charging station for electric and hydrogen vehicles. This conver date2022-02-10

Energy Vice Minister holds 12th Energy & Resources Management TF Meeting

Energy Vice Minister Park Ki-young presided the 12th Energy & Resources Supply-Demand Management TF Meeting on February 9 at the Korea Trade Insurance Corporation (K-Sure) in Seoul.  The meeting was convened for the purpose of inspecting domestic and external supply-demand and price trends ensuing increasing oil prices and Russia-Ukraine conflict. The Minister delivered an opening message, after which discussions followed with regard to global oil market issues and oil supply emergency date2022-02-10

Minister Moon attends completion ceremony of Korea's largest solar plant

Trade, Industry, and Energy Minister Moon Sung-wook visited the completion ceremony of Sinan Solar Power Plant located in Sinan-gun, South Jeolla Province on January 26. Currently Korea’s largest (150MW) in scale, the Sinan Solar Power Plant is a KRW 319.6 billion project with the participation of public power company Korea South-East Power Co. and domestic solar power company Topsun.   As part of the ceremony, Minister Moon presented certificates of commendation to 5 persons of mer date2022-01-27

Korea's largest solar power plant starts commercial operation

Trade, Industry, and Energy Minister Moon Sung-wook attended the completion ceremony of Sinan Solar Power Plant located in Sinan-gun, South Jeolla Province on January 26.  The Sinan Solar Power Plant is a KRW 319.6 billion project with the participation of public power company Korea South-East Power Co. and domestic solar power company Topsun. It is the largest (150MW) solar power plant complex in Korea, built on saline wasteland with abundant sunlight, generating 209.7GWh of power per ann date2022-01-26

Energy Vice Minister visits ESS facilities for emergency safety inspection

Energy Vice Minister Park Ki-young visited the Daeseon Solar Power Plant located in Wonju-si, Gangwon Province on January 25 to promote the inspection of safety systems and prevention of safety accidents regarding ESS equipment and facilities, in view of the recent fires. During the visit, Minister Park received an update and briefing of ESS safety management status and related challenges on-site before touring the ESS facilities and encouraged site personnel to keep up their hard work. date2022-01-26

MOTIE holds Energy Facilities Safety Inspection Meeting

Energy Vice Minister Park Ki-young held an online “Energy Facilities Safety Inspection Meeting” at the Government Complex Seoul on January 19 for the prevention of safety accidents during high risk seasons.  Minister Park addressed the need to preemptively identify risk factors through special inspections on energy production and supply facilities, requesting speedy maintenance on faulty equipment. Noting the recent electrocution accident and ESS fire, he further led discussion date2022-01-21