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Nuclear power operator wins deal to build world's largest floating solar power station
SEOUL -- Korea Hydro & Nuclear Power (KHNP), the state-run operator of nuclear power plants, set a new record in South Korea's solar energy history by winning a deal to build the world's biggest floating solar power system on an artificial reservoir created by a giant seawall on South Korea's southwest coast. KHNP said Tuesday the deal was signed with central and provincial government authorities as well the developers of Saemangeum near the southwestern port city
October 30, 2018
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S. Korea unveils new project to build clean energy complex on reclaimed land
SEOUL -- A massive clean energy complex will be built on reclaimed land in South Korea in a state project sponsored by President Moon Jae-in who has launched a campaign to replace nuclear reactors and other fossil-fueled power plants with renewable energy sources. The cluster will be built in Saemangeum near the southwestern port city of Gunsan. A seawall stretching 33 kilometers (20 miles) was built in 2010 to convert an estuarine tidal flat in Sa
October 30, 2018
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Nuclear-exit policy places extra burden on S. Korean taxpayers
SEOUL -- President Moon Jae-in's campaign to replace fossil-fueled power plants with clean and renewable energy sources requires a whopping amount of state money, but it may place an extra burden on South Korean taxpayers for after treatment, according to a government report released by a ruling party legislator in a parliamentary committee. Data presented by the Ministry of Trade, Industry and Energy showed that South Korea needs a total cost of some 100.6 tri
October 25, 2018
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Premier proposes deployment of hydrogen fuel cell police buses
SEOUL -- In an effort to change public perception about hydrogen fuel cells in South Korea, Prime Minister Lee Nak-yon proposed the deployment of hydrogen police buses in the most important strategic location of Seoul. A dozen diesel-power buses carrying riot police and their equipment are parked on the Gwanghwamun road in central Seoul to guard the U.S. embassy, government buildings and the presidential Blue House. Police let their bus engines idle around the clock, emitting
October 24, 2018
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State oil company considers converting gas platform into wind power turbine
SEOUL -- South Korea's state oil company has installed a laser-based wind energy meter at an offshore gas platform off the southeastern port city of Ulsan to see if it could be converted into a floating wind power turbine to produce electricity. Korea National Oil Corp. (KNOC), which operates oil and gas fields abroad, said Thursday that the device was installed Wednesday in the platform some 60 kilometers (36 miles) southwest of Ulsan to acquire re
October 18, 2018
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S. Korean companies secure financing deal for wind power project in Jordan
SEOUL -- Two South Korean energy companies have signed a financing agreement worth 80 billion won ($72 million) for the construction of a wind power complex with a capacity of 51.75 megawatts in the Tafilah region in Jordan. Daelim Energy, a Seoul-based energy and infrastructure development company, and Korea Southern Power (KOSPO), a public energy company, agreed in 2015 to jointly participate in the $101 million wind power project in Jordan and set up Daehan Win
September 27, 2018
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State gas company unveils new investment in eco-friendly projects
SEOUL -- South Korea's state-run public natural gas company unveiled an investment project to build a new bunkering facility for ships powered by liquefied natural gas (LNG) in 2022 and expand LNG charging stations in ports and cargo terminals. Korea Gas Corp. (KOGAS) said in a statement Wednesday that it would establish infrastructure for LNG-powered trucks and hydrogen-fueled vehicles. It would participate in a project to build 100 hydrogen charging stations by 2022 and
September 5, 2018
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S. Korea to build world's largest floating solar power system in artificial lake
SEOUL -- The world's biggest floating solar power system will be built on an artificial seaside lake created by a giant seawall that has been the source of prolonged social debate over pollution in South Kora's reclaimed wetland. The Ministry of Trade, Industry and Energy said Tuesday that it would launch a state-funded project with the Ansan city government to construc
September 4, 2018
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Two builders join team to win nuclear power contracts in Europe
SEOUL -- Two builders joined a team of South Korean firms led by Korea Hydro & Nuclear Power (KHNP) which are in competition with foreign firms to participated in nuclear power projects in the Czech Republic and Poland. The state operator of nuclear power plants said Friday that Daewoo E&C and Doosan Heavy Industries & Construction were selected as construction partners for the "Team Korea" involving KHNP, KEPCO E&C and
August 31, 2018
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Construction begins on world's largest by-product hydrogen power plant
A blueprint shows the world's largest power plant using byproduct hydrogen as fuel. SEOUL -- Construction began in South Korea Thursday to build a 50-megawatt fuel cell power plant using by-product hydrogen as fuel. It would be the largest of its kind in the world. Daesan Green Energy, a joint venture led by Hanwha Energy and Korea East-West Power, is responsible for the construction and operation of the new power plant which will cost about 255 billion won ($224 mil
August 16, 2018
