Ministry of Trade, Industry and Energy

Minister Moon attends IEA Ministerial Meeting

Trade, Industry, and Energy Minister Moon Sung-wook attended the International Energy Agency (IEA) Ministerial Meeting on March 23-24 to discuss energy security amidst the Ukraine crisis. At the session, Minister Moon joined in the official approval for release of oil reserves for the stabilization of global energy market. The IEA is an international body for energy cooperation consisting primarily of OECD member states, established for effectively responding to oil supply crises. The even date2022-03-29

Minister Moon attends IEA Ministerial Meeting

Trade, Industry, and Energy Minister Moon Sung-wook attended the International Energy Agency (IEA) Ministerial Meeting held at IEA headquarters in Paris on March 24 to discuss energy security and energy transition.   During the session, Minister Moon stated that “South Korea has declared that it will actively participate in stabilizing the energy market in joint efforts with the international community,” and added that “Korea has joined in the recent release of oil reser date2022-03-28

Energy Vice Minister holds talks with Australian Ambassador to the Republic of Korea

Trade, Industry and Energy 2nd Vice Minister Park Ki-young held talks with Australian Ambassador to the Republic of Korea Catherine Raper at the Government Complex Seoul on March 24 to discuss R&D, hydrogen, CCUS (Carbon, Capture, Utilization, and Storage), energy, resources, and supply chain cooperation measures. date2022-03-28

Energy Vice Minister attends Saemangeum Industrial Complex Support Center groundbreaking ceremony

Energy Vice Minister Park Ki-young attended the Saemangeum Energy Industrial Complex Support Center groundbreaking ceremony held at its construction project site in Gunsan-si, North Jeolla Province on March 21.   Vice Minister Park delivered a congratulatory message, affirming that the Ministry “will monitor both direct and indirect real economic impact from Russia-Ukraine crisis, building a stable and resilient energy supply chain that can withstand various risks.” He ad date2022-03-23

Minister Moon attends InterBattery 2022

Trade, Industry, and Energy Minister Moon Sung-wook attended the InterBattery 2022 opening ceremony held in conjunction with Seoul International Electric Fair & Power Generation Korea 2022 at COEX in Seoul on March 17, where the most cutting-edge products and technologies in secondary batteries and smart grids are showcased.   The Minister participated in the ribbon cutting ceremony and toured various exhibition booths displaying global top-tier rechargeable batteries and latest date2022-03-17

MOTIE holds 4th public-private joint offshore wind power TF meeting

Trade, Industry and Energy 2nd Vice Minister Park Ki-young held the 4th public-private joint offshore wind power TF meeting at the New and Renewable Energy Village Convention Hall in Buan-gun of North Jeolla Province on March 3 to inspect the 2GW project progress.   The Energy Minister delivered an opening message emphasizing that “offshore wind power is essential in achieving carbon neutrality and NDC goals”, and called for active participation of relevant institutions in man date2022-03-08

Minister Moon attends Korea Institute of Energy Technology's vision declaration ceremony

Trade, Industry, and Energy Minister Moon Sung-wook visited the Korea Institute of Energy Technology (KENTECH) in Naju-si, South Jeolla Province on March 2 to award government commendations and attend the entrance and vision declaration ceremony.   KENTECH is a newly founded technology university and Korea’s first global university solely focused on areas of energy research and technology. The school’s vision is to “nurture global leaders in future energy research and ad date2022-03-04

Minister Moon visits rare gas producer TEMC amidst Russia-Ukraine crisis

Trade, Industry, and Energy Minister Moon Sung-wook visited rare gas producer TEMC on February 28 following Russia’s Ukraine invasion on February 24, to monitor reserves status and possible war impact on gas supply.   With the guidance of TEMC CEO Yoo Won-yang, Minister Moon toured the company’s facilities and equipment, as part of inspecting Korea’s gas supply amidst rising concerns over the possible shortage of rare gases, which are widely used in manufacturing semicon date2022-03-03

Minister Moon holds Korea-US energy talks

Trade, Industry, and Energy Minister Moon Sung-wook held an online meeting with U.S. Energy Minister Jennifer Granholm at the Korea Technology Center in Seoul on February 26.   After exchanging opening remarks, the two leaders shared views on international cooperation, emergency IEA meeting results, and the IEA member states’ oil reserves release option among several measures to stabilize the global energy market.   date2022-03-02

Minister Moon attends Carbon Neutrality Public-Private Exchange Forum

Trade, Industry, and Energy Minister Moon Sung-wook attended the Energy Industry Carbon Neutrality Public-Private Exchange Forum held at the the Westin Josun Seoul Hotel on February 11 to share energy policy outcomes and future directions. Minister Moon delivered a congratulatory message, which was followed by the event’s keynote speech on the theme of “public-private solidarity and cooperation for technological energy innovation of carbon neutrality.” The forum was organized date2022-02-14