Ministry of Trade, Industry and Energy

Minister Sung underlines value of energy transition at New Energy Industry Business Dialogue

Trade, Industry and Energy Minister Sung Yunmo (fourth from right) underlined the value of energy transition for innovation-driven growth during his welcoming speech at the New Energy Industry Business Dialogue that took place at COEX in Seoul on October 5.As part of the second-day schedule of the Korea Energy Transition Conference 2018, the dialogue was held to discuss strategies for creating new businesses and innovation-based growth engines with the help of Fourth Industrial Revolution techno date2018-10-05

Ministry hosts Korea Energy Show 2018

Seoul, Korea - The Ministry of Trade, Industry and Energy announced on October 2 that the Ministry will host the Korea Energy Show 2018, the nation’s largest energy exhibition, at KINTEX in Goyang from October 2 to 5. During his opening remarks at the show’s opening ceremony, Trade, Industry and Energy Vice Minister Cheong Seung-il said that energy transition is a global phenomenon and that the energy sector needs innovation. The energy exhibition will highlight the country's energ date2018-10-02

Vice Minister Cheong gives speech at Korea Energy Show 2018

Trade, Industry and Energy Vice Minister Cheong Seung-il delivered opening remarks at the Korea Energy Show 2018 held at KINTEX in Goyang on October 2.During his address, Vice Minister Cheong said that energy transition is a global phenomenon and that innovation is needed in the energy sector.The opening event was attended by about 200 representatives from the power industry, including Korea Energy Agency Vice President Lee Sanghong and Hanwha Q-Cells President Ryu Seongjoo.Korea's largest date2018-10-02

Minister Paik attends groundbreaking ceremony for nation’s largest solar power plant

Trade, Industry and Energy Minister Paik Ungyu (third from left) delivered a speech at the groundbreaking ceremony of Yeongam Solar Power Plant construction in Yeongam, Jeollanam-do on September 12.During his remarks, Minister Paik emphasized that renewable energy is not only clean and safe but also a new growth engine that creates new investment opportunities and quality jobs.This solar power plant project aims to build the largest of its kind in Korea that would provide 120,000 MWh of energy p date2018-09-13

Minister Paik attends launch ceremony for Saudi nuclear project support center

Minister of Trade, Industry and Energy Paik Ungyu (eighth from left) attended the opening ceremony for an office center aimed at supporting the Korean tender for a Saudi Arabian nuclear energy project, in Seoul on July 2.    The support center was opened as the Korea Electric Power Corporation (KEPCO), the state-run energy utility, was shortlisted to bid for the building of two nuclear power plants in Saudi Arabia. The center will respond to any issues concerning the Saudi Arabian nu date2018-07-02

Minister Paik speaks at World Gas Conference

Minister of Trade, Industry and Energy Paik Ungyu attended the World Gas Conference (WGC) and spoke during the closing session, in Washington D.C. on June 29.    In his key note speech at the conference, Minister Paik spoke about Korea's energy transition policies and predicted a growing dominance of gas in the future energy scene, along with renewable energy. The minister delivered his key note speech as the representative of Korea, the host country for the WGC in 2021, and as the e date2018-06-30

Minister Paik underlines strategic industries at offshore wind power forum

Minister of Trade, Industry and Energy Paik Ungyu emphasized the importance of developing strategic industries during a speech to representatives from the energy industry at a forum on the industrialization of offshore wind power in Seoul on June 26.Mentioning the energy transition announced last year by the Moon administration, Minister Paik said that this forum would work as an opportunity to find measures to boost the wind power industry and to foster strategic industries for a successful ene date2018-06-26

Korea, China hold inaugural energy dialogue

Director General for Energy Industry Policy Park Sung-taek from the Ministry of Trade, Industry and Energy (fourth from right) led the first Korea-China Energy Cooperation Dialogue, in Seoul on May 29.    The meeting was attended by Korean and Chinese government officials and representatives from energy industries, including gas, utilities, new and renewable energy, and smart energy.   During the meeting, participants finalized details for an MOU covering LNG cooperation and r date2018-05-29

Minister Paik discusses energy cooperation with Japanese tech leader

Trade, Industry and Energy Minister Paik Ungyu (third from left) discussed with SoftBank Group CEO Masayoshi Son (second from right) to seek energy cooperation during his visit to Tokyo, Japan, on May 8.During the meeting, Minister Paik and CEO Son exchanged views on various topics, including cooperation on renewable energies, construction of a Northeast Asia supergrid, and response to the Fourth Industrial Revolution (4IR).Minister Paik agreed with CEO Son about a significant decrease in the re date2018-05-08

Vice Minister Lee speaks at 16th International Energy Forum in New Delhi

Trade, Industry and Energy Vice Minister Lee Inho (center) explained Korea’s cases of energy innovation at the 16th International Energy Forum held in New Delhi, India from April 10 to 12 (India time).During a presentation on the last day of the three-day forum, Vice Minister Lee highlighted the importance of technology innovation for improving energy efficiency and sustainability, gave examples of Korea’s original energy technologies, and introduced Korea’s energy transformati date2018-04-12