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[FOCUS] President Moon's 'nuclear exit' policy faces strong challenge President Moon Jae-in's "nuclear exit" campaign aimed at reducing South Korea's heavy dependence on nuclear energy faces a tough challenge from power plant operators and energy-related scholars and businessmen who are objected to any radical policy shift. South Korea, which has almost no reserves of fossil fuels on its territory, has actively pushed for a nuclear energy program despite growing public concerns over nuclear safety, aging facilities and sp June 2, 2017
Moon orders temporary shutdown of old coal power plants to fight fine dust South Korean President Moon Jae-in ordered a temporary shutdown of eight aged coal-fired thermal power plants amid growing public concerns about a health hazard caused by particulate pollution largely originating from China. Out of 59 coal-fired thermal power plants, eight aged 30 years or older will be closed for 30 days starting June 1, the president's office said. "The temporary shutdown of coal-fired thermal power plants reflect May 15, 2017
[FOCUS] Demand for revising nuclear accord on reprocessing gets strong in S. Korea A nuclear accord ratified by Seoul and Washington in 2015 has become the subject of debate ignited by President Moon Jae-in who said during a pre-election TV debate that South Korea may need a nuclear-powered submarine to counter North Korea's nuclear threat. At the debate on April 27, Moon surprised rival candidates with a pledge to open re-negotiations with the United States on revising the nuclear cooperation agreement that stopped short of granting Seoul the permission May 12, 2017
S. Korea nuclear power industry faces tough challenge after election South Korea's nuclear power industry faces a tough challenge this year as two strong presidential candidates side with environmental activists supporting a fast policy shift from fossil fuels to renewable energy sources such as solar and wind power generators. Two state-run firms -- Korea Electric Power Corp. (KEPCO) and Korea Hydro and Nuclear Power Co. (KHNP) -- has become the subject of debate in the run-up to South Korea's presidential election on May 9. KEPCO prod April 12, 2017
Nuclear reactor shut down manually due to coolant problem A nuclear reactor at South Korea's largest nuclear power complex near the southern port city of Busan was shut down manually Tuesday due to a coolant problem, operators said, reporting no radiation leaks. The reactor in the Gori complex stopped due to an abnormal rise in the level of coolant at a collection tank, Korea Hydro and Nuclear Power Co. (KHNP) said, adding it was carrying a close examination to find the exact cause. South Korea, which has almost no reserve March 28, 2017
Hanwha consortium wins major solar power project in Turkey A consortium led by Hanwha Q Cells, a subsidiary of South Korea's Hanwha Group, has won a major project to build the biggest solar power plant in Turkey. The consortium involving Hanwha Q Cells and its Turkish partner Kalyon consortium will build the one-gigawatt plant in the Konya province, the South Korean company said. Terms of the deal were not disclosed, but news reports said it would be worth some 1.3 billion US dollars. It will be the biggest solar p March 22, 2017
Researchers build new lab for eco-friendly community based on energy from human excrement A perspective drawing of UNIST's experimental living lab. Buoyed by the successful operation of its waterless loo, a research team at a prominent South Korean science school will build an experimental living lab that would use energy from human excrement in actual life. The "Science Walden" lab will be erected on the campus of the Ulsan National Institute of Science and Technology (UNIST) in the southeastern industry city of Ulsan. It will have three livin March 9, 2017
Doosan certain to win $2.5 bln deal on power plants in India South Korea's Doosan Heavy Industries & Construction Co. said Monday that it is certain to win an order estimated at 2.5 billion US dollars to build thermal power plants in India. The company said it was selected as the successful bidder in a written notification. An official deal worth 2.8 trillion won ($2.5 billion) would be signed later. Doosan plans to build two 660-megawatt power plants at India's Obra-C power s December 26, 2016
S. Korea's 25th nuclear power plant put into commercial operation A nuclear power plant is under construction in the United Arab Emirates. South Korea's 25th nuclear power plant was put into commercial operation Tuesday, using a new home-made reactor called "APR 1400" which has been exported to the United Arab Emirates. With the new plant in the southeastern county of Ulju, nuclear energy accounted for 22.1 percent of South Korea's total power production, according to Korea Hydro & Nuclear Power Co. APR 1400 i December 20, 2016
S. Korea plans IPOs for 8 public energy firms by 2020: Yonhap South Korea said it will gradually complete initial public offerings (IPOs) for eight public energy companies by 2020 to help improve their financial status. The eight firms are Korea South-East Power Co., Korea Southern Power Co., Korea East-West Power Co., Korea Western Power Co., Korea Midland Power Co., Korea Hydro & Nuclear Power Co., KEPCO KDN Co. and Korea Gas Technology Corp. The Ministry of Strategy and Finance said it will announce detailed IPO plans for th December 9, 2016