South Korea

South Korea fuels LNG ties to stabilise energy supply

Some partnerships forged were with Singapore, and Japan.

South Korea fuels LNG ties to stabilise energy supply

Some partnerships forged were with Singapore, and Japan.

Mainstream, Ocean Winds bag grid deal for 1.1 GW wind farm

This will cover the first and second phase of the Ulsan project.

South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors

The International Energy Agency (IEA) has predicted that Artificial Intelligence (AI) and data centers will sharply increase the demand for renewable power. The net increment of renewable power generation for AI will likely triple to 262 terawatt-hours (TWh) by 2026 compared to 2023, and the share of AI demand in renewable power generation is expected to double to 17.9%.

EDF Renewables enters South Korean offshore wind development

It acquired shares in West Sea Energy 1 Co., Ltd., which is exploring an offshore wind project.

South Korea’s delayed RE deployment could hinder semiconductor, AI industries

Semiconductors alone account for over 20% of the country’s exports.

South Korea unveils offshore wind bidding roadmap

Around 7-8 GW worth of tenders will be launched.

Copenhagen Offshore Partners completes EIA for offshore wind project in Korea

This will contribute to the country’s 2030 renewable energy targets.

Developer-led approach poses uncertainty for South Korea’s offshore wind

Experts believe the government can streamline the process by taking the lead in site designation and subsea surveys.

South Korea and Malaysia aim for CCS cooperation

The Shepherd CCS Project could be their global anchor project.