Tag: coal

coal

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North's port activity jumps fivefold since 2019, suggesting illegal coal trade: Report

Commercial vessel activity at the North's five major ports climbed to 3,756 cases last year from 783 in 2019, raising suspicions of illicit coal trading after the state named coal as a strategic economic pillar at a key meeting last week.

2026.6.30

President Donald Trump speaks during an event on coal power in the East Room at the White House, Wednesday, Feb. 11, 2026, in Washington. [AP/YONHAP]

Trump boasts coal export increase to Korea despite no explicit deal

U.S. President Donald Trump announced that the U.S. would "dramatically" increase exports of U.S. coal through trade agreements with countries including Korea despite no explicit deal disclosed last year's summit fact sheet.

2026.2.12

Most popular

U.S. President Donald Trump listens before signing a spending bill in the Oval Office of the White House on Feb. 3 in Washington. [AP/YONHAP]

Trump announces historic trade deals to bolster coal exports 'dramatically'

U.S. President Donald Trump said Wednesday his administration has clinched "historic" trade agreements with Korea, Japan, India and other countries to boost U.S. coal exports "dramatically."

2026.2.12

A general view shows exhaust gases billowing from the chimneys of the Taean Thermal Power Station, a large coal-fired power station owned by Korea Western Power in Taean County, South Chungcheong, on Nov. 17. [AFP/YONHAP]

Korea joins Powering Past Coal Alliance, commits to closing 40 coal-fired power plants by 2040

Korea on Monday announced that it has joined the Powering Past Coal Alliance (PPCA), committing to close 40 coal-fired power plants by 2040. Korea is the second country in Asia, after Singapore, to join the coalition.

2025.11.18

Hanul Nuclear Power Plant Units 5 and 6 [YONHAP]

Nuclear power becomes No. 1 energy source for Korea for first time in 2024

Nuclear power became the largest source of energy in Korea's power generation sector for the first time ever last year, data showed Sunday.

2025.5.11

This undated photo, captured from a report released by the UN Panel of Experts that monitors the implementation of North Korean sanctions by UN member states, shows the locations of North Korea's illegal ship-to-ship transfers of banned items in 2023. [YONHAP]

North Korean cargo ship suspected of smuggling coal collided with Chinese ship in Yellow Sea

A North Korean cargo ship suspected of smuggling out North Korean coal collided with a Chinese ship and sank in the Yellow Sea last month, according to a source familiar with the matter Thursday.

2025.3.13

Pictured is a unit of the Mejillones power station, also known as Infraestructura Energética Mejillones, with a generation capacity of 375 megawatts located in Antofagasta, northern Chile. [DOOSAN]

Doosan inks deal to convert Chile's Mejillones power plant to natural gas

Doosan Enerbility secured a 50 billion won contract with Engie Energía Chile to convert the Chilean power plant's unit to run on natural gas instead of coal.

2024.5.21

Power meter at a low-rise apartment in Seoul in March. [NEWS1]

Perfect storm for an escalation in energy prices

Energy prices are soaring due to war and a disrupted energy supply chain. Prices of crude oil and even cheap energy sources like coal have increased sharply. The system market price (SMP), the cost of producing 1 kilowatt hour of electricity, ...

2022.5.12

The rhino in the room

A huge gray rhinoceros is charging the South Korean economy. Soaring energy and consumer prices pose a rhino-size risk. Geopolitical tensions coupled with a global rush for climate change commitments amid an energy transition...

2022.2.9

A coal-fired power plant in Yeosu, South Jeolla, on Monday. [YONHAP]

Indonesia stops coal exports to Korea, world

After Indonesia halted exports of coal for a month, the government said it won't have an immediate impact on Korea.Indonesia supplies around 20 percent of Korea's supplies. It stopped exports due to local shortages.

2022.1.3