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HomeSouth Korea

South Korea

South Korea
Electrical Generation / Utilities

South Korea curbs plans for renewables in push for more nuclear

January 19, 2023 Mariel Alumit

South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets. Nuclear plants are now expected to account for almost […]

South Korea
Electrical Generation / Utilities

South Korea Bets Big On Nuclear Energy At The Expense Of Renewables

January 16, 2023 Mariel Alumit

South Korea will rely more on nuclear power generation in its efforts to reach net zero by 2050, according to its latest plan, which envisages a lower share of renewable power generation in the electricity […]

US
Zero Edge

South Korea Says Talks On Nuclear-Sharing With US Underway

January 4, 2023 Mariel Alumit

Suddenly US involvement on the Korean peninsula is about to potentially ratchet into uncharted territory, as South Korea confirmed on Tuesday it is in talks with Washington to provide a nuclear deterrent presence at a […]

Biden
Critical Minerals

Exclusive: Behind Biden’s overseas mining funding

December 12, 2022 Mariel Alumit

The Biden administration is looking at funding roughly a dozen mineral projects overseas in a bid for more resources used in lower-carbon technologies. Why it matters: Supporting more mining overseas could ease a raw material squeeze […]

Electric Vehicles

GM Joint Venture To Invest $275 Million More In Tennessee Battery Plant

December 4, 2022 Mariel Alumit

General Motors and South Korean battery company LG Energy Solution announced their joint venture will invest an additional $275 million into its Tennessee Electric Vehicle (EV) battery cell manufacturing plant. Officials representing the joint venture […]

South Korea
Aljazeera International

South Korea orders striking truckers back to work

November 29, 2022 Mariel Alumit

EconomyLabour Rights South Korea’s government has taken the unprecedented step of invoking tough strike-busting laws to end a six-day stoppage by truck drivers that it says is hurting the economy. President Yoon Suk-yeol presided over […]

South Korean
Finance

South Korean Derivatives Wiped By Hang Seng Fall The Daily Financial Trends

October 31, 2022 Mariel Alumit

Samsung Securities Co. analyst Jun Gyun is reporting that 2.7 trillion won, or $1.9 billion worth of equity-tied securities that were bought mostly by South Korean retail investors are now at risk of capital losses, […]

Poland
Aljazeera International

Poland, South Korea sign outline accords on nuclear power project

October 31, 2022 Mariel Alumit

NewsNuclear Energy Seoul and Warsaw have signed outline agreements to develop nuclear power in Poland, according to ministries from both countries, as Poland strives to phase out coal and lower its carbon emissions and South […]

Asean sees strong oil -gas market recovery from pandemic
ENB Pub Note

Asean sees strong oil, gas market recovery from pandemic

September 17, 2022 Stu Turley

ENB Pub Note: This is important as the Asean recognizes LNG as part of the future energy mix to support renewables.  The Nineteenth Asean Ministers on Energy Meeting Plus Three (China, Japan, Korea) (19th AMEM+3) […]

nuclear
International News

Korean nuclear fusion reactor achieves 100 million°C for 30 seconds

September 12, 2022 Mariel Alumit

A nuclear fusion reaction has lasted for 30 seconds at temperatures in excess of 100 million°C. While the duration and temperature alone aren’t records, the simultaneous achievement of heat and stability brings us a step […]

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