South Korean homes ‘paying more for power than factories’

A large number of South Korean households pay more per unit of energy than factories. State-owned utility Korea Electric Power Corp (Kepco) charges residential customers higher rates as usage increases whereas industrial users pay a flat rate that falls during off-peak hours. Householders paid 123.69 won (8p) per kilowatt hour last year, higher than 107.41 won […]

Vestas wins 76MW wind order in South Korea

Vestas has won a contract to supply turbines for a wind project in South Korea. The company claims it will be the nation’s largest wind farm in 10 years. The Danish manufacturer will also be responsible for the supervision of the turbine installations. Jung Maeng Hwa, General Manager of development and construction firm Hanwha E&C, […]

Kia EV picked for US wireless charging study

A South Korean automotive giant’s electric vehicle (EV) has been selected to trial a new wireless charging system in the US. Kia’s Soul EV wireless charger has reached the final stage of development and will be tested on five of its models. It won funding from the US Department of Energy for the project. It […]

South Korea ‘to cut emissions by 37% by 2030’

South Korea has planned to cut emissions by 37% by 2030. That’s an increase from the 15% to 30% reduction it initially proposed. The target is set to be submitted to the UN today confirming the country’s Intended Nationally Determined Contribution (INDC). That’s part of a new global emissions reduction deal which will be agreed at […]

South Korean solar firm adds 45MW in UK

A South Korean solar company has opened two plants in the UK with a total capacity of 45.2MW. Hanwha Q Cells has started operations at the 20.4MW Fenland Farm and the 24.8MW Green End solar plants near Cambridge. Around 172,500 solar panels have been installed at the sites in total. The company claims this will save around […]

Aberdeen to open engineering campus in South Korea

The University of Aberdeen is to become the first UK higher education institution to open a campus in South Korea. The new facility in the Hadong District, in the Gwangyang Free Economic Zone, will specialise in teaching engineering courses related to the offshore oil and gas industry. It will also provide students in Aberdeen with […]

South Korea starts emissions trading system

South Korea opened its new emissions trading system today, with firms able to buy and sell credits on the Korea Exchange (KRX). Said to be the second largest carbon trading scheme in the world, it is meant to cut the country’s greenhouse gas emissions by 30% by 2020 (compared to a business as usual baseline). […]

South Korea to supply solar panels to Chile

Chile is set to get 80 megawatts’ worth of solar photovoltaic (PV) panels from a South Korean supplier. The panels will be supplied for a project in the Antofagasta region in northern Chile. Hanwha SolarOne which announced the deal today will supply around 258,000 solar panels towards the end of March this year.

South Korea tests cyber attack drills after hack on nuclear plant

A South Korean nuclear power plant has launched a two-day safety drill after the company had its computer systems hacked. Last week the designs and manuals of equipment from Korea Hydro & Nuclear Power’s (KHNP) plant were put online by an unknown group or individual who named themselves the “president of the anti-nuclear reactor group”. […]

South Korea’s 28MW tidal power project

South Korea has confirmed plans for a tidal project that will have a total capacity of 28MW. Tocardo Tidal Turbines has been awarded the contract by South Korean energy firm Ekornergy to install the turbines in the Mokpo Jeonnam region. The Netherlands-based firm will start manufacturing the first 15 T2 200KW turbines late next year […]