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Energy
Korea and UK announce joint declaration on energy transition
Trade, Industry and Energy Minister Lee Chang-yang met with Grant Shapps, the UK’s Secretary of State for Energy Security and Net Zero on April 10 at the Lotte Hotel Seoul to discuss clean energy exchange and cooperation. The two countries put out a joint declaration stating their agreement on the need for energy transition from fossil fuels to low carbon power sources, prospects for South Korea’s participation in the UK’s new nuclear power plant project and the two countries& date2023-04-10
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Energy
Minister Lee presides 4th Nuclear Power Plant Export Strategy Committee Meeting
Trade, Industry and Energy Minister Lee Chang-yang presided the 4th Nuclear Power Plant Export Strategy Committee Meeting on March 29 at the Four Seasons Hotel Seoul to discuss whole-of-Government measures for strengthening exports of nuclear power plant equipment and materials and restoring the industry’s ecosystem. The Minister gave an opening message and led discussions on plans for assisting the mutual growth of nuclear power plant SMEs and middle-market companies through spec date2023-03-30
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Energy
MOTIE announces 2-track strategy measure to strengthen NPP EM exports
The Ministry of Trade, Industry and Energy (MOTIE) announced strategy measures to strengthen exports of nuclear power plant equipment and materials (NPP EM) at the 4th Nuclear Power Plant Export Strategy Committee Meeting on March 29 at Four Seasons Hotel Seoul. Global demand for NPP EM has recently been on the rise due to the construction of new NPPs and expanding continued operations, while major NPP supplier countries are experiencing weakening EM manufacturing due to abandoned NPP projects, date2023-03-30
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Energy
Korea and Australia sign fuel cell export cooperation MOU
Trade, Industry and Energy 2nd Vice Minister Park Il-jun gave an opening message at the Fuel Cell Export Vision Declaration Ceremony on March 23 held in Seoul, where he also attended the exports MOU signing ceremony between Korea Hydrogen Fuel Cell Industry Association and the Australian Hydrogen Council. The ceremony was attended by approximately 100 persons, including Hydrogen Convergence Alliance (H2KOREA) head Moon Jae-do, Doosan Fuel Cell COO Che Hu-seok and Catherine Raper, Ambass date2023-03-28
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Energy
2nd Vice Minister inspects freeze protection system site for fire safety
Trade, Industry and Energy 2nd Vice Minister Park Il-jun visited the LG Science Park in Seoul on March 22 to inspect fire prevention management conditions and implementation progress of safety improvement measures at a freeze protection system site as preparation against winter season fires. The Vice Minister received a briefing on safety management of freeze protection system installation site from Korea Electrical Safety Corporation (KESCO) President Park Ji-hyun and GS E&C Direct date2023-03-28
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Energy
MOTIE launches 7th Energy Commission
Trade, Industry and Energy Minister Lee Chang-yang presided the 28th Energy Commission meeting and launched the 7th Energy Commission at the Lotte Hotel Seoul on March 24 to discuss major energy policy directions. The Minister presented certificates of appointment to the newly commissioned 7th Energy Commission members and led deliberation on agenda items, including global energy prices and forecasts, and measures for energy efficiency innovation and energy conservation. T date2023-03-27
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Energy
MOTIE launches 7th Energy Commission
Trade, Industry and Energy Minister Lee Chang-yang launched the 7th Energy Commission (hereinafter “Commission”) and held the 28th Energy Commission meeting at the Lotte Hotel Seoul on March 24. The newly appointed 25 Commission members consist of a balanced mix of experts with professional careers currently in areas like power generation, nuclear power plants, renewables, hydrogen, resources, and those with academic backgrounds in economics, law and engineering. In his opening mes date2023-03-27
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Energy
Minister holds Pan-Ministerial Energy Efficiency Innovation Consultative Meeting
Trade, Industry and Energy Minister Lee Chang-yang held the Pan-Ministerial Energy Efficiency Innovation Consultative Meeting on March 14 at the Government Complex Seoul to gather pan-ministerial capacity and draw the entire Korean public participation to accelerate an energy structure shift towards low consumption and high efficiency. The meeting was attended by 13 other ministries related to energy efficiency and conservation, including the Ministry of Economy and Finance (MOEF), Mini date2023-03-16
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Energy
Minister holds Pan-Ministerial Energy Efficiency Innovation Consultative Meeting
Trade, Industry and Energy Minister Lee Chang-yang held the Pan-Ministerial Energy Efficiency Innovation Consultative Meeting on March 14 at the Government Complex Seoul with 13 other ministries related to energy efficiency and conservation. The Korean government is recently focusing policy efforts on fundamentally reducing burden on companies and households caused by the protracted energy crisis, rising energy costs and high inflation. The consultative meeting was held to gather pan-ministeri date2023-03-16
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Energy
MOTIE discusses deconcentration measures for datacenters
Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the 18th National Policy Agenda Ministerial Meeting presided by Prime Minister Han Duck-soo on March 9 at the Government Complex Seoul, where he led discussions on measures for mitigating the concentration of datacenters in the Seoul metropolitan area. Discussions focused on datacenter dispersion measures that relevant ministries can collaborate on more closely, building around measures announced by MOTIE this January. The da date2023-03-10