Commitment Expands on Zero Carbon 2030 Initiative. SEOUL, South Korea : LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement in the just released LG Electronics Sustainability Report comes on top of its earlier commitment to carbon neutrality through […]
Kakao to Launch New Tailor-Made Charging Service for Electric Vehicles
SEOUL — The urban mobility service wing of South Korea’s web service giant Kakao has partnered with a state power company to launch an electric vehicle charging service that would guide drivers to the nearest and cheapest EV charging station and help them pay with a digital payment system. South Korea with some 820,000 clean […]
KEPCO gives up U.S. solar company amid waning international status
South Korea’s state utility firm Korea Electric Power Corp. (KEPCO) will liquidate its money-losing U.S. solar power company as its international status comes under challenge amid waning competitiveness from government-led phase-out of traditional fossil and nuclear fuel. According to KEPCO documents obtained by Representative Yang Geum-hee of the United Future Party on Tuesday, the company’s […]
Power Ledger completes blockchain-enabled P2P trial with KEPCO
During the trial, KEPCO shared meter data from eight participating meters that simulated prosumers and consumers at Tatsumi Research Lab in Osaka New Delhi: Blockchain-enabled power trading company Power Ledger has completed a five-month trial with Japan’s utility, KEPCO of Peer-to-Peer (P2P) transaction for post-Feed in Tariff (FIT) surplus power in Osaka. The trial demonstrated […]