INTIEAKorea · Mandatory Energy AuditPolicyIn force

Mandatory Energy Audit

Since 2007, the government has mandated energy-intensive companies to undertake energy audit on a regular basis in order to respond to oil price and climate change. Every five years, companies using over 2,000 toe must discover energy savings potential and take optimal measures…

Last changed 9 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2007
Last changeNov 05, 2017

Country / jurisdiction: Korea · Year: 2007 · Status: In force · Level: National · Type: Voluntary

Official source: http://www.energy.or.kr/renew_eng/main/main.aspx

Source

https://www.iea.org/policies/105

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-44757NewsIn force

The $7 Trillion AI Boom Is Running Out of Power

Forget the chips. Forget the code. The most expensive, in-demand commodity in the entire $3-trillion AI revolution is not a patented algorithm or a new Nvidia GPU. It's power. Specifically, a secure, high-voltage connection to the electrical grid that can deliver $100-500 million worth of juice to a new data center. Right now, the largest, richest companies on Earth—Google, Microsoft, Amazon—are in an unprecedented global land rush for energy. They are competing with small cities, massive manufacturing plants, and each other, all because…

13 hours ago

INTEnergy Newsoilprice:oilprice-article-44754NewsIn force

Colombia's Cocaine Trade Now Outearns Its Oil Exports

Drug lords in Colombia are making more money from cocaine than the government is making from crude oil sales, a report from a Colombian university has found. At $16.5 billion for 2024, cocaine revenues surpassed oil export revenues, which stood at around $15 billion that year, UPI reported, citing the research from EAFIT University. Oil export revenues, however, remain Colombia’s largest export revenue generator, the research showed. Together with coal exports, oil exceeds the illicit trade in cocaine. Still, cocaine revenues in 2024 were…

15 hours ago

INTEnergy Newsoilprice:oilprice-article-44752NewsIn force

Geothermal Could Power 65 Million U.S. Homes by 2050, DOE Says

“It’s going to be the decade of geothermal,” Cindy Taff, chief executive of geothermal company Sage Geosystems, told The Hill in February of 2025. Over a year later, it is becoming increasingly evident that Taff is definitely onto something. Although geothermal energy is still a tiny sector and faces some significant headwinds when it comes to its up-front installation and development costs, it has numerous competitive edges over other, more common energy sources. It’s clean, it’s constant, it’s politically popular,…

16 hours ago

INTEnergy Newsoilprice:oilprice-article-44755NewsIn force

Asia's Crude Buying Spree Is Running Out of Steam

Asian refiners have reduced their spot purchases of Middle East crude for loading this month and next, following three weeks in which they had purchased millions of barrels of UAE, Saudi, and Iraqi crude. Lingering uncertainties about the navigability of the Strait of Hormuz and high freight costs have deterred Asian buyers from continuing the buying spree that began earlier this month, with millions of barrels of Abu Dhabi crude snapped up in spot trades. Incentives to Buy Immediately Wane Yet, refiners in Asia have spent the better part of the…

17 hours ago

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rebounds_after_hormuz_ship_attack-25-jun-2026-183992-article/?rss=trueNewsIn force

Oil Rebounds After Hormuz Ship Attack

Crude rallied as new shipping disruptions overshadowed expectations of increasing global oil supplies and weaker demand.