MINEM Signs Agreement with Korea Energy Agency for Energy Cooperation
Key Ideas
- The Ministry of Energy and Mines signed a Memorandum of Understanding with the Energy Agency of the Republic of Korea to promote cooperation in energy efficiency, renewable energy, electric vehicles, green hydrogen, and more.
- The agreement includes technology transfer, technical assistance, and mutual supervision of programs to strengthen cooperative relations and foster growth and development.
- This collaboration aligns with efforts to enhance energy efficiency, promote renewable energies, and reduce greenhouse gas emissions, building on previous agreements between the two entities dating back to 2013.
The Ministry of Energy and Mines (MINEM) has recently signed a Memorandum of Understanding with the Energy Agency of the Republic of Korea (KEA) to enhance cooperation in various energy-related fields. The agreement aims to promote efficiency energy, renewable energy, electric vehicles, green hydrogen, technological innovation, and climate change initiatives. The collaboration includes the exchange of technology, provision of technical assistance, and joint monitoring of programs and projects. The signing ceremony took place at the MINEM headquarters, with the Vice Minister of Electricity, Víctor Estrella, and Lee Sang-hoon, president of the Korea Energy Agency, signing the memorandum. This strategic partnership is part of MINEM's broader efforts to advance energy efficiency, promote renewable energies, and work towards reducing greenhouse gas emissions. Notably, this agreement builds upon previous engagements between MINEM and the Korean agency, reflecting a longstanding commitment to energy cooperation and sustainable development. The collaboration underscores a shared commitment to fostering growth and innovation in the energy sector, with a focus on driving positive economic and social impacts while addressing climate change challenges.
Topics
Utilities
Renewable Energy
Climate Change
Efficiency
Latin America
Cooperation
Energy Cooperation
Technology Transfer
Korea
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