SRF Policy-Tech Forum suggests REC alternative scheme

SRF Policy-Tech Forum

The third SRF Policy-Tech Forum was livestreamed on YouTube on June 16. In the discussion, an official from the Ministry of Environment emphasized the need to implement a new incentive scheme to replace REC in the SRF market. The new scheme, probably funded by EPR and waste disposal charge, may promote the use of SRF […]

KPX introduces blockchain-based proposal system

KPX

Korea Power Exchange (KPX) is implementing a blockchain-based proposal evaluation system for the first among government offices. The system integrates private blockchain and hyperledger fabric platform for improved reliability and transparency in the evaluation process. KPX said it will also introduce another blockchain-based system for its performance appraisal process. Source: KPX

Nearthlab signed drone inspection contract with Siemens Gamesa

Nearthlab

Korean UAV startup Nearthlab secures a contract from Siemens Gamesa to supply a drone inspection solution for wind turbines. Nearthlab will provide an integrated safety inspection solution including drones to Siemens Gamesa’s North America business. It will also provide drone training and software to manage data collected by drones. Source: Venture Square

KEA, ADB, USAID host ACEF 2020 amid COVID-19 pandemic

ACEF

Korea Energy Agency (KEA) is jointly hosting the 15th Asia Clean Energy Forum (ACEF 2020) with Asia Development Bank (ADB) and the US Agency for International Development (USAID) during June 15-19. The event is being held virtually to prevent COVID-19 spread. On June 19, KEA is hosting Deep Dive Workshop (DDW), introducing energy transition strategies […]

EWP completes 25MW PV facility on ash disposal site

EWP

Korea East-West Power (EWP) has completed the construction of a 25MW PV power plant on an ash disposal site in Dangjin. The landfill is dedicated to the disposal of coal ash. The 330,000m2 of landfill area finished receiving ashes in July 2019. EWP said the PV plant will generate electricity enough to provide 11,720 homes […]

Korean military eyeing the use of hydrogen

Hyundai

The Prime Minister Chung Sye-kyun visited the Korea Armed Forces Nursing Academy to host a signing ceremony between the Ministry of National Defense (MND), MOTIE, ME, Hyundai Motor Company, and Doosan Mobility Innovation (Doosan’s UAV hydrogen fuel cell company). Signatories agreed to cooperate in promoting the use of hydrogen in military operations. Hyundai explained that […]

Seoul installed a PV integrated soundproof tunnel

Seoul

Seoul Metropolitan Government has installed a 479m long soundproof tunnel fully integrated with 5,472㎡ of PV modules along ‘Dongbu Expressway.’ The facility, consisting of 2,736 special solar panels which function as the tunnel roof and soundproof wall at the same time, provides extra green energy (830,000kWh) in addition to traffic noise reduction for residents who […]