News and media

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KEPCO plays leading role in “smart grid” innovation

South Korea’s state-owned electricity monopoly, KEPCO, said it will introduce new business models nationwide based on so-called “smart grid” power delivery by 2015. The plan built upon a pilot program on the Korean island of Jeju which concluded this May, a senior company executive told at the Daegu 2013 Congress on 17 October. “Smart grids” […]

Posted on 17 October 2013

Korea’s “green growth” story reveals possibilities, challenges for Asia

Many Asian countries have integrated the concept of green growth into their national visions or strategies to cope with rising energy demand, delegates at the Daegu 2013 Congress were told on 16 October. South Korea’s “green economy” offers an example for the rest of Asia of how to reduce the region’s dependence on coal. Korea adopted […]

Posted on 16 October 2013

South Korean President promotes international energy cooperation

South Korean President Park Geun Hye told WEC Daegu 2013 on Wednesday that international cooperation is needed to meet global energy challenges, while a “creative energy economy” should be promoted in which Korea can play a leading role. “As the World Energy Council points out, the Energy Trilemma, the trade-offs between energy security, social equity […]

Posted on 16 October 2013

Korea to play “important” part in global energy market, says Royal Dutch Shell CEO

Energy demand in Asia could more than double in the next 50 years, and a “historic phase” of industrialization and urbanization in Asia’s emerging economies means Korea is well-placed to be an important player, said Peter Voser, the CEO of Royal Dutch Shell. “South Korea is an appropriate place to focus on this issue,” he […]

Posted on 15 October 2013

North Korea holds key to East Asian “super-grid”

North Korea remains the biggest issue of uncertainty in shaping a vision for a “super-grid” to integrate power generation and distribution in Northeast Asia, industry leaders said on 15 October. The innovative proposal, still very much in the drawing board stages, would connect the electricity grids of China, Mongolia, Japan, South Korea, Russia, and potentially […]

Posted on 15 October 2013

Korea well positioned for “knowledge-based” fusion energy

A leading researcher into nuclear fusion as a potential energy source says the drive to develop fusion energy is both “important and urgent,” especially for South Korea. Lee  Gyung-Su, Research Fellow at South Korea’s National Fusion Research Institute (NFRI), told attendees at the World Energy Congress on 14 October that “fusion is knowledge-based energy, not […]

Posted on 14 October 2013