Ministry of Trade, Industry and Energy

1st Vice Minister visits KDHC to inspect heat supply facility managment

Trade, Industry and Energy 1st Vice Minister Jang Young-jin visited the Central Branch of Korea District Heating Corp. in Mapo-gu, Seoul, on April 16 to inspect the leakage situation of district heating pipe and received a briefing on heat supply facility management, then encouraged employees working around the clock in the control room.   The Vice Minister was accompanied by a number of relevant persons, including KDHC Vice President Song Hyun-gyu and Korea Energy Agency Chairman Lee San date2023-04-17

2nd Vice Minister chairs meeting for assessing public energy companies' management innovation

Trade, Industry and Energy 2nd Vice Minister Park Il-jun chaired a meeting to assess the management innovation efforts of public energy companies on April 11 at the KEPCO Art Center in Seoul.    Vice Minister Park gave an opening message and examined the effectiveness of energy companies’ self-rescue efforts and organization innovation measures.   date2023-04-13

Korea and UK announce joint declaration for 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 and put out a joint declaration stating their agreement to bolster cooperation and exchange in clean energy.   They also discussed various measures for nuclear energy cooperation, including design, construction, main equipment production, decommissioning, nuclear fuel and small modular reactors (SMRs).   date2023-04-11

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

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

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

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

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

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

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