Ministry of Trade, Industry and Energy

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

2nd Vice Minister attends Jeju-type Distributed Energy Masterplan Presentation

Trade, Industry, and Energy 2nd Vice Minister Park Ki-young attended the Jeju-type Distributed Energy Masterplan Presentation on April 12 at the CFI Energy Future Hall, held to promote the importance of distributed energy and central-local cooperation.   In his opening remarks, the Vice Minister stated that “the Ministry will push the momentum for distributed energy based on close cooperation between central and local experts.” After listening to the Jeju-type Distributed Ener date2022-04-13

Vice Minister Park inspects Muju pumped storage power plant

Trade, Industry, and Energy 2nd Vice Minister Park Ki-young visited the Muju pumped storage power plant on April 7 in time for springtime inspections and to hold talks with energy sector public companies on power stabilization measures.   As part of preventive maintenance, Vice Minister Park assessed the domestic pumped storage power generation situation and new projects progress, noting that pumped storage power plant facilities play a key role in peak load response and overcoming limita date2022-04-08

Korea's first homemade gas turbine to power Gimpo CCPP

Trade, Industry, and Energy Minister Moon Sung-wook visited the Gimpo Combined Cycle Power Plant (CCPP) project site operated by Korea Western Power (KOWEPO) on April 5 to attend the installation commencement ceremony of Korea’s first homemade gas turbine. The Ministry of Trade, Industry, and Energy (MOTIE) first propeled the public-private development of power plant gas turbines in 2013 as part of its MPE (materials, parts, and equipment) initiative. Six years later in 2019, Korea became date2022-04-06

Minister Moon attends Korea’s Homemade Gas Turbine Installation Ceremony

Trade, Industry, and Energy Minister Moon Sung-wook attended Korea’s Homemade Gas Turbine Installation Commencement Ceremony on April 5, held at the Gimpo Combined Cycle Power Plant (CCPP) project site in Gimpo-si, Gyeonggi-do, where the turbine will be used to generate electricity.   Minister Moon participated in the ribbon-cutting ceremony after extending congratulatory remarks, and toured around the power station site, encouraging the workers.   The event was attended date2022-04-06

Incheon City's hydrogen-powered transportation and investment MOU ceremony

Trade, Industry, and Energy 2nd Vice Minister Park Ki-young attended a ceremony celebrating the near future of “Incheon city for foreign-invested companies and hydrogen-powered public transportation” held at the Incheon Metropolitan City government office on March 30.   At the ceremony, Vice Minister Park delivered a congratulatory message, and proceeded with the MOU signing ceremony for “Hydrogen-Powered Public Transportation City” among the Ministry of Trade date2022-04-01

Energy Vice Minister attends Chungju bio-hydrogen refueling station completion ceremony

Energy Vice Minister Park Ki-young attended the Chungju bio-hydrogen refueling station completion ceremony on March 30 to commemorate the launching of Korea’s first biogas hydrogen charging facilities.   The Chungju hydrogen refueling facilities are equipped to fuel hydrogen cars and will also serve as a mother station by delivering tube trailers to other hydrogen stations. The station utilizes biogas generated from the nearby Chungju Food Bio Energy Center to produce hydrogen. In h date2022-03-30