Ministry of Trade, Industry and 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

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

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

2nd Vice Minister presides conference on nurturing liquid hydrogen ecosystem

Trade, Industry and Energy 2nd Vice Minister Park Il-jun presided a conference on March 9 with Korea’s liquid hydrogen companies at Doosan Enerbility to examine the project progress for fostering a liquid hydrogen ecosystem in Korea.   Vice Minister Park gave an opening message and led discussions on measures to create a liquid hydrogen ecosystem following the announcement of clean hydrogen ecosystem measures during the 5th Hydrogen Economy Commission meeting, and gathered companies date2023-03-10

Korea and Uzbekistan hold 1st bilateral energy dialogue

The Ministry of Trade, Industry and Energy (MOTIE)’s Energy Industry Deputy Minister Cheon Young-gil held the 1st Korea-Uzbekistan Energy Dialogue with Azim Israilovich Akhmedkhajaev, First Deputy Minister at Ministry of Energy of the Republic of Uzbekistan, on March 7 in Seoul to share energy policies and discuss measures to expand cooperation in renewable energy and energy efficiency. The meeting is meaningful in that it is the first official Korea-Uzbekistan energy dialogue held in acc date2023-03-08

Korea ups refund rate of energy-efficient program for socially vulnerable

The Ministry of Trade, Industry and Energy (MOTIE) announced on March 1 that it will be implementing a 10-20 percent refund program as of March 2 for energy-efficient home appliance purchases for approximately socially vulnerable households (app. 3.5 million) in Korea to mitigate financial burden amid surging energy prices. The refund program is the Korea government’s “energy conservation and efficiency improvement” policy in order to fundamentally transition to low energy con date2023-03-03

2nd Vice Minister presides Green Home Initiative Startup Conference

Trade, Industry and Energy 2nd Vice Minister Park Il-jun presided the Green Home Initiative Startup Conference on February 28 at the Korea International Trade Association (KITA) to share technology & business updates on home & building energy management and to discuss Green Home Initiative’s future direction.   Vice Minister Park gave an opening message and led discussions on energy supply management for homes and buildings, as well as support programs run by public institut date2023-03-02

Minister visits social welfare institution to check winter energy efficiency challenges

Trade, Industry and Energy Minister Lee Chang yang visited the social welfare institution “Rodem Namu” in Seoul on February 24, to check on wintertime energy efficiency related challenges. The above institution was provided with installation of thermal insulation and high-efficiency boiler as part of the ”energy efficiency improvement projects for the low-income class.' Minister Lee received a briefing on the institution’s management challenges by institution Director date2023-02-27

Korea participates in U.S. HFCS & cohosts hydrogen roundtable

The Ministry of Trade, Industry and Energy (MOTIE) participated in the Hydrogen & Fuel Cell Seminar (HFCS) in California on February 7-9 and held a public-private joint roadshow for entering the American hydrogen market.   With an exclusive pavilion for promotion, presentation session and the Korea-U.S. hydrogen roundtable cohosted by MOTIE and H2KOREA with the U.S. Department of Commerce, U.S. Department of Energy and other relevant associations, Korea’s first participation in date2023-02-10

Korea participates in U.S. HFCS & cohosts hydrogen roundtable

The Ministry of Trade, Industry and Energy (MOTIE) participated in the Hydrogen & Fuel Cell Seminar (HFCS) in California on February 7-9 and held a public-private joint roadshow for entering the U.S. hydrogen market. Organized by the U.S.’ Fuel Cell and Hydrogen Energy Association (FCHEA), HFCS is North America’s largest hydrogen event with over 40 years of history, offering a business exchange venue of opportunities for at least 70 companies and institutions to come together to date2023-02-10