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Energy
Battery Alliance submits bill proposing integrated management system for used batteries
The Ministry of Trade, Industry and Energy (MOTIE) announced on November 14 that the Battery Alliance has submitted a draft proposal on an integrated management system for the used battery industry and its supporting legislative bill. The Battery Alliance is composed of 24 members, including Hyundai Motor, three battery producers, companies in the reuse, remanufacturing and recycling industry, insurance firms and car disposal companies. First, the proposal redefines used batteries not as &ldqu date2023-11-14
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Energy
Korea and U.S. hold Clean Energy Conference
Trade, Industry and Energy Minister Bang Moon Kyu attended the ROK-U.S. Clean Energy Conference on November 13 at the Four Seasons Hotel Seoul, held to better fulfill the achievement of carbon neutrality and to elevate the alliance to a carbon-free energy alliance for responding to climate change. In his opening message, Minister Bang stated that “we must widely utilize various carbon-free energy (CFE) sources such as nuclear power, renewables, and hydrogen,” date2023-11-14
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Energy
Commemorating 70 Years of the ROK-U.S. Alliance ; Looking Ahead to a Carbon-Free Energy Alliance
Commemorating 70 Years of the ROK-U.S. Alliance ; Looking Ahead to a Carbon-Free Energy Alliance -Ministry of Trade, Industry, and Energy holds the “ROK-U.S. Clean Energy Conference” to emphasize cooperation in the deployment of carbon free energy- -Discussions on carbon management, battery recycling and innovative energy technologies such as hydrogen and CCUS will ensue- The Ministry of Trade, Industry, and Energy led by Minister Bang Moon Kyu organized the “Korea-U.S. Cl date2023-11-13
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Energy
MOTIE hosts “Global Net Zero Connection in Korea”
Trade, Industry and Energy Ministry's International Trade and Investment Deputy Minister Kim Wan-ki attended the “Global Net Zero Connection in Korea” on November 9 in Busan, where 10 countries’ government delegations gathered to discuss measures for cooperation in reducing greenhouse gas emissions. date2023-11-10
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Energy
Global efforts for cooperation in GHG reduction gather in Busan
The Ministry of Trade, Industry and Energy (MOTIE) is holding “Global Net Zero Connection in Korea” through November 9-10 in Busan for discussions on measures for cooperation in the reduction of greenhouse gas (GHG) emissions with 10 other countries, including Bangladesh, Cambodia, Indonesia and Vietnam. Hosted by MOTIE and organized by the Korea Trade-Investment Promotion Agency (KOTRA), “Global Net Zero Connection in Korea” is an event bringing together government inst date2023-11-10
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Energy
Trade Minister meets with Tanzania's Minerals Minister
Minister for Trade Dukgeun Ahn met Anthony P. Mavunde, the Tanzanian Minerals Minister, on November 8 in Tanzania to discuss measures for wider cooperation in nickel and graphite, core materials for manufacturing secondary batteries, among other minerals. date2023-11-10
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Energy
Minister holds talks with Chile’s Mining Minister
Trade, Industry and Energy Minister Bang Moon Kyu held talks with Chile’s Mining Minister Aurora Williams on October 31 in Chile on measures to bolster cooperation in critical minerals, hydrogen, trade and investment. The minister’s visit to Chile was accompanied by an economic delegation composed of representatives of relevant organizations and companies, including the Korea Trade-Investment Promotion Agency (KOTRA), Export-Import Bank of Korea, Hyundai Motor, Samsung Elect date2023-11-06
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Energy
Minister discusses cooperation with Chile's Energy Minister
Trade, Industry and Energy Minister Bang Moon Kyu met Chile’s Energy Minister Diego Pardow on October 30 in Chile to discuss renewable energy, green hydrogen and measures for bilateral energy cooperation. date2023-11-03
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Energy
Korea aims to rank among global top 3 ESS powerhouses
Trade, Industry and Energy Vice Minister Kang Kyungsung visited the LS ELECTRIC Global R&D Campus in Anyang-si, Gyeonggi-do, on October 31 amid the growing emphasis on the role of energy storage systems (ESS) in accordance with the increasing use of renewable energy. At LS ELECTRIC, Vice Minister Kang first toured the manufacturing site for the company’s newly developed power conversion system (PCS), which is a core component for ESS and exported to the U.S., and encouraged the employ date2023-11-02
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Energy
4th Korea-Germany Hydrogen Conference held in Seoul
Trade, Industry and Energy Vice Minister Kang Kyungsung attended the Korea-Germany Hydrogen Conference held through October 31-November 1 at the EL Tower in Seoul for expanding the scope of bilateral cooperation in hydrogen policies, industries and technology. Participants shared information on industrial and technological trends of hydrogen policies, hydrogen production, distribution and utilization, as well as measures for cooperation across the hydrogen ecosystem. Co-organiz date2023-11-02