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Ministry of Climate, Energy and Environment

South Korean government ministry overseeing national climate policy, energy supply and the power grid, and environmental regulation.

Known aliases

  • climate ministry
  • Korea Ministry of Climate, Energy and Environment
  • Korea's climate ministry

Current stories

investOne report1 publisher

Bank of Korea says only banks can hold Project Hangang's digital currency

Bank of Korea official Kim Dong-sup said the bank has no plan for a retail CBDC and only banks can hold Project Hangang's digital money. Commercial banks keep the customer in a pilot already used for a government EV-charger subsidy.

Publishers:en.sedaily.com

Reality

Evidence45
Adoption20
Hype gap+15
Incentives70
Confidence50
investOne report1 publisher

Korea targets commercial tandem solar cells by 2028 in the roadmap behind its R&D budget rules

Korea's climate ministry targets commercial tandem solar cells by 2028 in a roadmap that will shape the country's 2028 national R&D investment standards. Superconducting grids go to a new advisory committee that will study the state's role over 10 to 20 years.

Publishers:en.sedaily.com

Reality

Evidence45
Adoption
Not scored
Hype gap+15
Incentives45
Confidence55
investOne report1 publisher

Korea's rural water agency puts its possible renewable-quota fine at 1.3 trillion won

Korea Rural Community Corporation says it could owe 1.3 trillion won in fines if assigned 1 gigawatt of renewables a year and it builds none. The estimate lands as the agriculture ministry fights to keep a farm-water agency out of Korea's renewable quota.

Publishers:en.sedaily.com

Reality

Evidence45
Adoption
Not scored
Hype gap+35
Incentives70
Confidence50
investOne report1 publisher

Refiner losses under Korea's oil price cap overran its 4.2 trillion won fund by June

Korean refiners lost 5 trillion won under the government's oil price cap through June, above the 4.2 trillion won in contingency funds allocated for it. Whether the state budget or the refiners' own books carry the 800 billion won shortfall decides if the cap is a fiscal problem or an earnings one.

Publishers:en.sedaily.com

Reality

Evidence40
Adoption
Not scored
Hype gap+20
Incentives60
Confidence40
investOne report1 publisher

Bigger turbines leave Jeonnam's next 800 megawatts at the pilot's 9 billion won a megawatt

SK Innovation E&S and Copenhagen Infrastructure Partners built 96 megawatts off Shinan for 870 billion won. The 800 megawatts planned next door carry a stated minimum budget of 3.6 trillion won for each 399-megawatt half.

Publishers:en.sedaily.com

Reality

Evidence45
Adoption40
Hype gap+30
Incentives60
Confidence55
investOne report1 publisher

Korea hands the reactor question to a citizen panel before settling its mix to 2040

The Ministry of Climate, Energy and Environment will spend about three months asking a citizen panel how much nuclear power Korea should build. Until that answer lands, the generation mix to 2040 stays unsettled.

Publishers:en.sedaily.com

Reality

Evidence55
Adoption
Not scored
Hype gap+5
Incentives60
Confidence58
scienceOne report1 publisher

Radar detection of stalled rainbands goes live in Seoul's flood forecasting pilot

KICT has put radar-based detection of quasi-stationary rainbands and sudden downpours into the Han River Flood Control Office's platform, now piloted in two Seoul districts. The two-hour forecast comes later.

Publishers:phys.org

Reality

Evidence42
Adoption45
Hype gap+22
Incentives70
Confidence50
investOne report1 publisher

Korea's audit board faults the extra 0.96 points that pushed YTN's sale past 30%

KEPCO KDN and the Korea Racing Authority had agreed to offer 29.99% of YTN so that large companies could bid. After the Communications Commission and the trade ministry intervened they offered all 30.95%, and three bidders turned up, none of them large.

Publishers:en.sedaily.com

Reality

Evidence60
Adoption
Not scored
Hype gap−10
Incentives55
Confidence52
investOne report1 publisher

KEPCO's balance sheet, not chip demand, is now the thing scheduling Korea's fabs

Seoul will take cash equity in KEPCO for the first time since its 1989 listing, because a utility carrying 210.7 trillion won of debt cannot borrow fast enough to wire the fabs.

Publishers:en.sedaily.com

Reality

Evidence57
Adoption34
Hype gap+14
Incentives63
Confidence45