Ministry of Trade, Industry and Energy

Vice Minister attends NetZero Nuclear Initiative support declaration ceremony

Trade, Industry and Energy Vice Minister Kang Kyungsung attended the ceremony for declaring support for the NetZero Nuclear Initiative on December 2 in Dubai, UAE, along with other countries' representatives, including those from the U.S., France, the UK, UAE, Sweden, Poland, Czech Republic and Romania, and gave a message expressing support for the NetZero Nuclear Initiative. date2023-12-05

Korea among 22 nations to declare support for the NetZero Nuclear Initiative

The Ministry of Trade, Industry and Energy (MOTIE) announced on December 3 that 22 countries around the world, including Korea, the U.S., France, the UK and Sweden, have adopted the declaration on supporting the NetZero Nuclear Initiative. The NetZero Nuclear Initiative is a global climate agenda established for resolving climate crises by recognizing nuclear energy as clean energy, drawing international commitment on expanding the global nuclear power capacity three-fold by 2050, and spurring date2023-12-04

Vice Minister meets with promising nuclear energy project partners on sidelines of UNFCCC COP28

Trade, Industry and Energy Vice Minister Kang Kyungsung met with potential nuclear energy partner countries on the sidelines of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP28) through December 1-2 to discuss prospects for nuclear reactor projects and requested their participation in Korea’s carbon-free energy (CFE) initiatives. Vice Minister Kang first met with Ditte Juul Jørgensen, Director-General for Energy at the European Com date2023-12-04

Korea signs on to climate action initiatives at COP28 in Dubai

The Ministry of Trade, Industry and Energy (MOTIE) announced on December 1 that the Korean delegation attended the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP28) summit held in Dubai through December 1-2 to participate in the five initiatives led and chaired by the United Arab Emirates (UAE), namely global renewables and energy efficiency, mutual recognition of low-carbon hydrogen certification schemes, agriculture and food, healthcare and multil date2023-12-04

Korea to participate in the officially inaugurated Climate Club

The Ministry of Trade, Industry and Energy (MOTIE) announced the official launching of the “Climate Club” on December 1 on the occasion of the ongoing United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP28) held in Dubai through November 30-December 12, in the attendance of various key figures including Korea’s Special Presidential Envoy Cho Hong-sik, Germany’s Prime Minister Olaf Scholz and European Commission President Ursula von date2023-12-04

3rd Innovative Energy Startup C-Tech Forum held to boost growth of energy startups

The Ministry of Trade, Industry and Energy (MOTIE) is holding the 3rd Innovative Energy Startup C-Tech Forum at the FKI Tower in Seoul on November 30, serving as a venue for business consultations to promote growth of SMEs and startups in energy industries. Approximately 150 representatives of SMEs and startups in the energy and climate sectors, finance and investment institutions, government-funded research institutes, and universities gathered to attend the launching ceremony of the Asso date2023-11-30

Korea and UAE declare mutual support for CFE and Net Zero Nuclear Initiatives

Trade, Industry and Energy Ministry's Deputy Minister for Energy Policy Lee Ho-hyeon held the Carbon Free Energy Initiative and Net Zero Nuclear Initiative Signing Ceremony on November 24 via videoconferencing for mutual support declaration between MOTIE and the UAE’s Emirates Nuclear Energy Corporation (ENEC). date2023-11-28

Korea and UAE declare mutual support for CFE and Net Zero Nuclear Initiatives

The Ministry of Trade, Industry and Energy (MOTIE) and the Emirates Nuclear Energy Corporation (ENEC) of the United Arab Emirates (UAE) held a videoconference on November 24 to express mutual support for Korea’s Carbon-Free Energy (CFE) Initiative and ENEC’s Net Zero Nuclear Initiative. The declaration of mutual support is significant in that it upholds the global status of the Carbon Free Initiative and emphasizes the importance of nuclear energy as a means for achieving carbon neu date2023-11-28

Korea and Indonesia discuss measures to strengthen cooperation across all energy areas

The Ministry of Trade, Industry and Energy (MOTIE) and Indonesia’s Ministry of Energy and Mineral Resources held the 14th Korea-Indonesia Energy Forum on November 28 and agreed to bolster bilateral cooperation on the supply chain of critical minerals. The two countries have plans to launch on November 29 a Korea-Indonesia Critical Minerals Joint R&D Center through collaboration between the Korea Institute of Geoscience and Mineral Resources (KIGAM) and Indonesia’s Bandung Insti date2023-11-28

MOTIE & UK’s Department for Energy Security and Net Zero enter MOU

Minister Bang Moon Kyu attended the MOU signing ceremony for the ministry’s entering the Clean Energy Partnership with UK’s Department for Energy Security and Net Zero on November 22 in London with the Department’s Secretary of State Claire Coutinho for bilateral cooperation in clean energy, offshore wind power and nuclear power development. date2023-11-25