Electricity Sector In South Korea
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Electricity Sector In South Korea
South Korea is a major energy importer, importing nearly all of its oil needs and ranking as the second-largest importer of liquefied natural gas in the world. Electricity generation in the country mainly comes from conventional thermal power, which accounts for more than two thirds of production, and from nuclear power. Energy producers were dominated by government enterprises, although privately operated coal mines and oil refineries also existed. The National Assembly enacted a broad electricity sector restructuring program in 2000, but the restructuring process was halted amid political controversy in 2004 and remains a topic of intense political debate. South Korea has no proven oil reserves. Exploration until the 1980s in the Yellow Sea and on the continental shelf between Korea and Japan did not find any offshore oil. Coal supply in the country is insufficient and of low quality. The potential for hydroelectric power is limited because of high seasonal variations in the we ...
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Yongpyeong Wind Farm
Yongpyong (Dragon Valley) Ski Resort is a ski resort in South Korea, located in Daegwallyeong-myeon, Pyeongchang, Gangwon Province (South Korea), Gangwon-do. It is the largest ski and snowboard resort in Korea, and offers golf in the summer months. A 1949 news article covered a Alpine skiing, ski slope in Daegwallyeong, which had only the ski slope at that time. Yongpyong's first ski lift was built in 1975. In 1981, a Korean company called SsangYong Group, Ssangyong Engineering & Construction Co., Ltd bought the owner(유국개발) of Yongpyong Resort, and in turn obtained the resort. SsangYong began to experience financial difficulties from the 1997 Asian financial crisis. In 2003, Segye Ilbo, which is owned by the Unification Church, bought Yongpyong Resort. Yongpyong is currently owned by the Unification Church (the Holy Spirit Association for the Unification of World Christianity), a new religious movement founded by Sun Myung Moon, through the Tongil Group. Yongpyeong-myeon ...
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Hyundai Electric
Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Indu ...
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Solar Power In South Korea
South Korea plans to meet 20 percent of its total electricity consumption with renewables by 2030, the energy ministry said the plan called for adding 30.8 GW of solar power generating capacity and 16.5 GW of wind power capacity.ReutersSouth Korea finalizes energy plan to boost renewable power generation Statistics See also *Energy in South Korea * Wind power in South Korea * Renewable energy in South Korea *Renewable energy by country This is a list of renewable energy topics by country and territory. These links can be used to compare developments in renewable energy in different countries and territories and to help and encourage new writers to participate in writing about ... References {{SouthKorea-stub ...
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Wind Power In South Korea
Wind power is a form of renewable energy in South Korea with the goal of reducing greenhouse gas (GHG) and particulate matter (PM) emissions caused by coal based power. After two oil crises dating back to the 1970s, the South Korean government needed to transition to renewable energy, which encouraged their first renewable energy law in 1987. As of 2015 wind power capacity in South Korea was 835 MW and the wind energy share of total electricity consumption was far below 0,1%. In 2019, South Korea led an initiative in creating energy transition policies, which incorporated wind power along with de-fossil and de-nuclear in the Renewable Energy 2030 Plan. With wind power being the fastest growing power source in South Korea, the Korean government's plan was to invest $8.2 billion into offshore wind farms in order to increase the total capacity to 2.5 GW until 2019. In April 2020, the government announced the “Korean Green New Deal” which includes plans to drastically increase ...
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One Less Nuclear Power Plant
One Less Nuclear Power Plant is the flagship energy policy launched in April 2012 by Seoul, the capital city of the Republic of Korea, in its broad effort to respond to climate change and energy crisis in the aftermath of the Fukushima nuclear accident and the nationwide rolling blackout in 2011. The main target of the One Less Nuclear Power Plant was to cut energy consumption by 2 million TOE, which is equivalent to the capacity of one nuclear power plant, mainly by directly engaging citizens in energy-saving and renewable energy generation. This target was exceeded in June 2014, six months ahead of schedule, as Seoul reduced the city’s energy consumption by 2.04 million TOE. The Seoul Metropolitan Government announced the launch of the second phase of the One Less Nuclear Power Plant, Seoul Sustainable Energy Action Plan, in August 2014. Key action plans With “Energy Generation, Energy Efficiency, and Energy-Saving,” at its core, the One Less Nuclear Power Plant took ...
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Green Party Korea
Green Party Korea is a political party in South Korea. The party was established in March 2012. It is a continuation of the Korea Greens, created following initial discussions in 2011. The party was established in response to the Fukushima Nuclear Crisis of Japan. Green Party Korea is a member of the Global Greens and the Asia Pacific Greens Federation. As a result of the party only getting 0.48% in the 19th national parliamentary election in April 2012, the party was disbanded by the National Election Administration Office. However, the paragraph 4 of article 41 and the subparagraph 3 of paragraph 1 of article 44 of the Political Parties Act, which had revoked registration of parties and banned use of the titles of the parties whose obtained numbers of votes had been less than 2% of the total number of effective votes, were ruled unconstitutional by the Constitutional Court of Korea on 28 January 2014. As a result, Green Party Korea recovered its title. Green Party Korea, ...
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Environment Of South Korea
Environment most often refers to: __NOTOC__ * Natural environment, all living and non-living things occurring naturally * Biophysical environment, the physical and biological factors along with their chemical interactions that affect an organism or a group of organisms Other physical and cultural environments *Ecology, the branch of ethology that deals with the relations of organisms to one another and to their physical surroundings *Environment (systems), the surroundings of a physical system that may interact with the system by exchanging mass, energy, or other properties *Built environment, constructed surroundings that provide the setting for human activity, ranging from the large-scale civic surroundings to the personal places *Social environment, the culture that an individual lives in, and the people and institutions with whom they interact *Market environment, business term Arts, entertainment and publishing * ''Environment'' (magazine), a peer-reviewed, popular enviro ...
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Economy Of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been described as the Miracle on the Han River, which has allowed it to join OECD and the G-20. South Korea still remains one of the fastest growing developed countries in the world, following the Great Recession. It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. South Korea's education system and the establishment of a motivated and educated populace is largely responsible for spurring the country's high technology boom and economic development. South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2019, South Kor ...
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State Of The World (book Series)
The ''State of the World'' (''SoW'') was a series of books published annually from 1984 to 2017 by the U.S. based Worldwatch Institute, a thinktank that was founded in the 1970s by renowned environmentalist Lester R. Brown and ceased operations in 2017. The series attempted to identify the planet's most significant environmental challenges. The 2010 edition discussed different ways of changing current cultures such that it felt as natural to live sustainably as living as a consumer felt at the time. The 2011 edition looked at the global food crisis and surrounding environmental and social problems, with a particular emphasis on global innovations that could help solve that worldwide problem. The 2012 edition showcased innovative projects, creative policies, and fresh approaches that were advancing sustainable development in the twenty-first century. The 2013 edition defined the term sustainability, and assessed attempts to cultivate it. Editions *''State of the World 1984'' *' ...
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Carbon Dioxide
Carbon dioxide (chemical formula ) is a chemical compound made up of molecules that each have one carbon atom covalently double bonded to two oxygen atoms. It is found in the gas state at room temperature. In the air, carbon dioxide is transparent to visible light but absorbs infrared radiation, acting as a greenhouse gas. It is a trace gas in Earth's atmosphere at 421 parts per million (ppm), or about 0.04% by volume (as of May 2022), having risen from pre-industrial levels of 280 ppm. Burning fossil fuels is the primary cause of these increased CO2 concentrations and also the primary cause of climate change.IPCC (2022Summary for policy makersiClimate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA Carbon dioxide is soluble in water and is found in groundwater, lakes, ice caps, ...
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CDIAC
The Carbon Dioxide Information Analysis Center (CDIAC) was an organization within the United States Department of Energy that had the primary responsibility for providing the US government and research community with global warming data and analysis as it pertains to energy issues. The CDIAC, and its subsidiary the World Data Center for Atmospheric Trace Gases, focused on obtaining, evaluating and distributing data related to climate change and greenhouse gas emissions. CDIAC was founded in 1982 and was located within the Environmental Sciences Division of Oak Ridge National Laboratory. CDIAC closed September 30, 2017, and its data was distributed to a number of different repositories. The majority of the data was moved to the U.S. Department of Energy's (DOE) Environmental System Science Data Infrastructure for a Virtual EcosystemESS-DIVE archive. The Oceanic Trace Gas data have been transitioned to the new Ocean Carbon Data System (OCADS) operated by NOAA's National Centers fo ...
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