Ministry of Trade, Industry and Energy

Korea and UAE to kick energy and tech cooperation into high gear

Trade, Industry and Energy Minister Lee Chang-yang met with Sultan Ahmed Al-Jaber, Minister of Industry and Advanced Technology of UAE and CEO of Abu Dhabi National Oil Company (ADNOC) at the Lotte Hotel Seoul on June 8 to discuss industrial technology and energy supply chain cooperation. The two industry chiefs agreed to expand economic cooperation onto new industries like digital transition, e-learning and bio based on the recent joint accomplishments, including the Barakah power plant, oilfi date2022-06-10

2nd Vice Minister holds talks with UAE's ENEC CEO

Trade, Industry and Energy 2nd Vice Minister Park Il-jun held talks with UAE’s Emirates Nuclear Energy Corporation CEO Mohammed Al Hammadi on May 31 regarding the ongoing Barakah nuclear power plant construction and measures to step up the two countries’ energy cooperation. ENEC CEO was visiting Korea to extend congratulations on Korea’s new government taking office and also to discuss the Barakah project, of which ENEC is project owner. The two energy chiefs exchanged views o date2022-06-07

Energy Vice Minister attends GHIAA launching ceremony

Trade, Industry and Energy 2nd Vice Minister Park Il-Joon attended the 2022 Global Hydrogen Industrial Association Alliance (GHIAA) Forum held at the Four Seasons Hotel Seoul on May 25 for countries to share their hydrogen industry status and trends. The forum was held both online and in-person for 18 countries to convene for the official launching of GHIAA, where the Vice Minister introduced Korea’s hydrogen economy policy directions in his congratulatory remarks and underscore date2022-05-30

Energy Vice Minister attends 2022 GHIAA Forum

Trade, Industry and Energy 2nd Vice Minister Park Il-Jun attended the 2022 Global Hydrogen Industrial Association Alliance (GHIAA) Forum held at the Four Seasons Hotel Seoul on May 25 for countries to share their hydrogen industry status and trends.   The GHIAA is a South Korea-led association that aims to promote hydrogen industry private sector cooperation, comprising 18 member states, including the U.S., UK and China. Vice Minister Park delivered a congratulatory message and participat date2022-05-27

Korea hosts 28th World Gas Conference

Trade, Industry and Energy Minister Lee Chang-yang attended the 28th World Gas Conference (WGC) held in Daegu, Korea, on May 24. The four-day conference is the global gas industry’s largest international event and is convened every three years by the International Gas Union (IGU). IGU member states’ gas trade takes up 95% of the world’s total gas volume. Over 20,000 people from approximately 80 countries are estimated to attend. A total of 370 companies will be gathering, incl date2022-05-27

MOTIE attends 37th IPHE meeting for hydrogen economy development

The Ministry of Trade, Industry and Energy (MOTIE) attended the general meeting videoconference of the “37th International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE)” on April 26-27. Member states shared their newly enforced hydrogen economy policies as follow-up to the previous meeting in November, as well as their respective working-level task progresses. IPHE consists of 23 nations, including South Korea, the U.S., Japan, China, France, UK, Australia, UAE, and date2022-04-27

Energy Vice Minister attends 4th Energy Innovation Enterprise Solidarity Forum

Trade, Industry and Energy 2nd Vice Minister Park Ki-young attended the 4th Energy Innovation Enterprise Solidarity and Cooperation Forum in Yeouido on April 22 to foster core leadership and promote active exchange among energy companies.   The Vice Minister delivered a congratulatory message in the presence of approximately 70 attendees, comprising 30 member companies and relevant industry personnel, including Energy Technology Evaluation Institute Director Kwon Ki-young, Kevin LAB CEO K date2022-04-25

Minister Moon holds Clean Hydrogen Conference

Trade, Industry and Energy Minister Moon Sung-wook held the Clean Hydrogen Conference on April 21 at the LG Chem in Yeosu Industrial Complex to facilitate discussions on carbon neutrality and clean hydrogen industry development.   Minister Moon delivered opening remarks, listened to voices from within the industry, and held a Q&A session. Various industry representatives attended in the conference, including LG Chem Senior Managing Director Yoon Myung-hoon, SK E&S Senior Vice Pres date2022-04-22

MOTIE holds Clean Hydrogen Conference

Trade, Industry and Energy Minister Moon Sung-wook held a Clean Hydrogen Conference with relevant industry leaders on April 21 in Yeosu, South Jeolla Province to discuss domestic hydrogen production and utilization measures, as well as examine the challenges companies face in order to find ways of assistance. In his opening message, Minister Moon stated that hydrogen is the core means of carbon neutrality achievement and new future growth engine. He stressed that “hydrogen is distinguishe date2022-04-22

MOTIE announces Jeju-style Distributed Energy Masterplan

The Ministry of Trade, Industry, and Energy announced the Jeju-style Distributed Energy Masterplan at the CFI Energy Future Hall on Jeju Island on April 12. The Ministry aims to propel the masterplan under the Distributed Energy Promotion Strategy, in a way finetuned to the conditions of Jeju Island. The plan entails the establishment of distributed energy-friendly infrastructure, distributed energy-based new power industries development, and measures for improving local sentiments toward the date2022-04-13