-
Energy
Vice Minister Woo delivers speech at Energy Tech Insight 2016
Trade, Industry and Energy Vice Minister Woo Taehee delivered a congratulatory remark and presented Korea’s vision for new energy industry at the Energy Tech Insight (ETI) 2016, an international energy conference held at the COEX, southern Seoul, on August 30. Key speakers in the conference included lawmaker Jang Byung-wan, Korea Institute of Energy Technology Evaluation and Planning (KETEP) President Hwang Jin-tak, and Jean-François Gagné of the In date2016-09-01
-
Energy
Minister Joo attends 'hydrogen convergence alliance' opening ceremony
Minister of Trade, Industry and Energy Joo Hyunghwan (second from left) attended the opening ceremony for the 'hydrogen convergence alliance'' in Seoul on August 24, along with 50 officials from government, local governments, and industry including Kim Yong-seok, director of the motor vehicles division at the Ministry of Land, Infrastructure and Transport, Oh Gyu-taek, and Ulsan Vice Mayor for Economic Affairs. The ceremony was held with an aim to “determine policy issu date2016-08-24
-
Energy
Ministry, KEPCO to support EV operations during 2018 Pyeongchang Winter Olympics
The Ministry of Trade, Industry and Energy and state-run Korea Electric Power Corp. have recently signed an agreement with the Pyeongchang Organizing Committee to supply electric vehicles and charging stations during the 2018 Winter Olympics in Pyeongchang. The event was held at the Plaza Hotel Seoul on July 26. Under the agreement, KEPCO will buy around 220 electric vehicles and its power generation affiliates and KEPCO KDN will purchase over 6 date2016-07-29
-
Energy
Korea eyes overseas market with natural gas infrastructrue know-how
The Ministry of Trade, Industry and Energy held a ceremony to launch a task force that will be responsible for developing overseas markets for natural gas infrastructure at the Korea Chamber of Commerce and Industry (KCCI)on July 21. The task force is made up of construction companies, shipbuilders, shipping companies from the private sector, and Korea Gas Corporation, Korea Development Bank, Export-Import Bank of Korea, and Korea Trade Insurance Corporation, and KO date2016-07-27
-
Energy
Minister Joo hosts `Alliance for New Energy Business Conversion' meeting
Trade, Industry and Energy Minister Joo Hyunghwan (second from left) hosted the “Alliance for New Energy Business Conversion'' meeting with officials from state-run energy companies like Korea Electric Power Corp., financial institutions and private new energy business operators, including Hyundai Motor Group and Hanwha Group at the Plaza Seoul on July 22. The meeting was designed to help exchange views on how to develop overseas projects in the new energy business sector. date2016-07-22
-
Energy
Minister Joo makes on-site trip to power plant to inspect power supply in summer
Trade, Industry and Energy Minister Joo Hyunghwan (center) made an unexpected on-site visit in the afternoon of July 15 to the headquarters of West Incheon/New Incheon Power Plant in order to ensure a stable supply of electricity during the high-demand summer season and flawless operation of the facilities. He asked the power plant staff to do their best to provide electricity to businesses and households in the area without glitches or accidents during the summer peak season, and expressed his date2016-07-16
-
Energy
Vice Minister Woo co-chairs new energy industry council meeting
Trade, Industry and Energy Vice Minister Woo Taehee (second from right) co-chaired the 11th meeting of the new energy industry council in Seoul on July 15, with more than 30 energy industry leaders including professor Kim Hee-jip of Seoul National University participating. The council discussed key issues for the development of the new energy industry. The Vice Minister said the government will promote the energy big data industry and accelerate efforts to ease regu date2016-07-15
-
Energy
Vice Minister Lee attends inaugural meeting of LNG Bunkering Industry Association
Trade, Industry and Energy Vice Minister Lee Kwan-sup attended the inaugural meeting of the LNG Bunkering Industry Association with other industry leaders including Lee Seung-hoon, CEO of Korea Gas Corporation and representatives from 21 member companies in shipbuilding, energy, shipping, and other related sectors in Seoul on July 15. In his opening remarks, Vice Minister Lee asked the association to play a leading role in helping Korea’s shipbuilding and shipping industries become gl date2016-07-15
-
Energy
Vice Minister Woo congratulates ground-breaking for eco-friendly energy town
date2016-07-07
-
Energy
Korea to invest 42 trillion won in new energy businesses by 2020
The Ministry of Trade, Industry and Energy announced that the government will invest a total of 42 trillion won (USD 36.6 billion) into the new energy sector by 2020 as part of efforts to expand the environmentally friendly power supply system in the country. Under the plan, the government will not only invest 33 trillion won into renewable energy sector but 4.5 trillion won into energy storage system (ESS), 2.5 trillion won into smart meter and 2 trillion won into environmentally f date2016-07-06