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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