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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier this summer, lasted longer than usual. Due to the…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagnostic & Analysis System (SEDA) and the latter’…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won project to develop a carbon free energy power plant at Y…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively respond to changes of the shipbuilding industry b…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird network at LS Tower in Yongsan, Seoul, on July 10.…
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power project in the Czech Republic at its headquarters…
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President Lee Young-jo of Korea Midland Power Co. (KOMIPO), major department chiefs and working-level officials participate in a ceremony to inaugurate the KOMIPO National Task Promotion Committee on Aug. 13. (Photo: KOMIPO)Korea Midland Power Co. (KOMIPO) launched the KOMIPO National Task Promotion…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The “One Big Beautiful Bill Act (OBBBA)” which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early termination of subsidies caused by the act. But LG Gr…
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Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW offshore wind turbine (DS205-10MW model). Thi…
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GS Caltex CEO Hur Sae-hong attends a Generative AI training session for its executives at GS Caltex headquarters in GS Tower on July 4.GS Caltex announced on July 8 the launch of its in-house generative AI platform ‘AIU’ as part of ongoing efforts to accelerate the company’s digital transformatio…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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