Ministry of Trade, Industry and Energy

Minister Lee holds conference for nuclear energy industry revival

Trade, Industry and Energy Minister Lee Chang-yang visited PK Valve located in Changwon in South Gyeongsang Province on August 10 to hold a Nuclear Energy Industry Conference to discuss business support measures for revitalizing the industry ecosystem.   The Minister presided the conference and discussed measures for preproduction and funding measures. He also attended the MOU signing ceremony of Korea Hydro & Nuclear Power (KHNP), Doosan Enerbility, and nuclear energy industry’ date2022-08-11

Minister Lee holds conference for nuclear energy ecosystem revitalization

Trade, Industry and Energy Minister Lee Chang-yang visited Changwon in South Gyeongsang Province on August 10 to hold a Nuclear Energy Industry Business Conference (hereinafter “Conference”) and to give an update on progress thus far following the previous conference held on June 22. The Conference involved an MOU signing ceremony between Korea Hydro & Nuclear Power (KHNP), Doosan Enerbility, and nuclear energy industry’s equipment and materials manufacturers for the goal date2022-08-11

2nd Vice Minister visits radioactive waste disposal facilities

Trade, Industry and Energy 2nd Vice Minister Park Il-jun visited Korea Radioactive Waste Agency (KORAD)’s low- and intermediate-level radioactive waste disposal facilities located in Gyeongju on August 8 to receive a briefing on operation status of high-level radioactive waste and to inspect facilities management.   Vice Minister Park received the briefing from KORAD President Cha Sung-su and remarked that “the utmost basis of nuclear power policies should be safety,” an date2022-08-09

2nd Vice Minister visits Wolseong Nuclear Power Plant

Trade, Industry and Energy 2nd Vice Minister Park Il-jun visited the Wolseong Nuclear Power Plant on August 1 to inspect the facilities maintenance and high-level radioactive waste management status in preparation for summer.   In his remarks, the Vice Minister requested that utmost efforts be made for smooth power supply to prepare against heat waves following the monsoons, particularly since the role of nuclear power is more important than ever to assist power supply during this season date2022-08-02

2nd Vice Minister attends Pyeongtaek Hydrogen Base Completion Ceremony

Trade, Industry and Energy 2nd Vice Minister Park Il-jun attended the Pyeongtaek Hydrogen Production Base Completion Ceremony on July 27 at the Asan National Industrial Complex to congratulate the construction completion of the hydrogen plant.   In his congratulatory message, the Vice Minister stated that the Pyeongtaek facilities will become the central force in 'ushering in the hydrogen economy into the metropolitan area” and added that “the Ministry plans to introduce a c date2022-07-29

2nd Vice Minister visits Korea Power Exchange

Trade, Industry and Energy 2nd Vice Minister Park Il-Jun visited the Korea Power Exchange (KPX) in South Jeolla Province on July 24 to inspect the power supply situation prior to midsummer, where he received a briefing from KPX Chairman Jung Dong-hee and encouraged the employees for their contribution to power supply stabilization. date2022-07-27

2nd Vice Minister holds conference on energy demand streamlining

Trade, Industry and Energy 2nd Vice Minister Park Il-Jun presided the inter-industrial conference on streamlining energy demand on July 21 at the Korea Chamber of Commerce and Industry (KCCI) to gather opinions from various industries on energy demand efficiency improvement and to discuss summer power supply response measures, noting that industries take up 62 percent of total energy consumption.   The conference was attended by approximately 20 relevant representatives, including Korea E date2022-07-26

MOTIE holds Hydrogen Economy Investment Stimulation Conference

Trade, Industry and Energy 2nd Vice Minister Park Il-Jun presided the Hydrogen Economy Investment Stimulation Conference on July 20 at the Lotte Hotel Seoul to share the new regime’s hydrogen economy policies and gather opinions from private equity firms to bolster hydrogen industry competitiveness.   In his opening message, the 2nd Vice Minister stated that “South Korea’s new regime’s energy policies envision a strong energy system through climate change response, date2022-07-20

MOTIE-Seoul Energy Efficiency & Innovation Vision Declaration

Trade, Industry and Energy Minister Lee Chang-yang attended the MOTIE-Seoul Energy Efficiency & Innovation Vision Declaration Ceremony held at the Lotte Hotel Seoul on July 20 with Seoul Mayor Oh Se-hoon to sign MOUs for building up Korea and Seoul into respective energy efficiency leader and smart city.   Minister Lee and Mayor Oh signed an MOU for “Building up Korea and Seoul into energy efficiency powerhouse and Smart Energy City” as well as an MOU for “Innovating date2022-07-20

2nd Vice Minister visits Shin Hanul 1 trial run site

Trade, Industry and Energy 2nd Vice Minister Park Il-jun visited the Hanul Nuclear Power Plant in Uljin, Gyeongbuk on July 18 to inspect the Shin Hanul 1 trial run site and construction progress of Shin Hanul 3 and 4.   The 2nd Vice Minister received briefings from the powerplant director of Shin Hanul 1 and construction team head of Shin Hanul 3 and 4 on test operation and construction resumption status. He then delivered an opening message, stating that “the most basic prem date2022-07-20