Browsing: Asia

Minister Moon Seung-wook met with Piotr Naimski, Special Ambassador for Energy Infrastructure, in Warsaw, Poland, to discuss cooperation in energy fields such as hydrogen and batteries, as well as nuclear power plant order activities, according to the Ministry of Trade, Industry, and Energy.

Natural gas for hydrogen generation for car charging is set at 14.1 won, according to the Ministry of Industry on the 31st, which is roughly 25% less than the raw material cost of natural gas for transportation. From November 2021, the cut-off period is three years. The green hydrogen diffusion rate is used to determine whether or not to extend.

The two leaders agreed to encourage joint investments of Indian and Italian companies in energy transition-related fields, according to a joint statement released after Prime Minister Narendra Modi met with his Italian counterpart Mario Draghi for the first time on the sidelines of the G20 Summit in Rome.