The 2024 Climate Industry International Expo opened on the 4th at BEXCO with the theme of 'Ushering in a Carbon-Free Energy Era with Climate Technology'.

 



The expo, which will be held until the 6th, will be held with the theme of 'Ushering in a Carbon-Free Energy Era with Climate Technology' and will consist of 11 climate and energy conferences, 5 exhibition halls, 537 corporate exhibitions, and 55 side events. In addition, more than 50 countries will participate, including 30 embassies to Korea (16 countries with ambassadors), 24 national delegations, and 10 international organizations.

 

At the opening ceremony held in the convention hall (3rd floor) that morning, IEA Secretary General Fatih Birol and University of Central Florida Professor James Bacchus gave keynote speeches. Prime Minister Han Duck-soo emphasized the necessity of carbon-free energy and the importance of its global expansion through a video message at the opening ceremony.

 

Prime Minister Han said, The world is suffering from a serious climate crisis. Disasters such as droughts, floods, and wildfires continue, and the real economy is also taking a big hit due to inflation and decreased industrial productivity caused by climate change.

 

He continued, In response, the international community is spurring the establishment of a low-carbon, eco-friendly economic system, and the climate industry has now become a key industry essential for sustainable growth. This expo, attended by some 500 domestic and foreign companies, will be a venue for innovation that showcases various technologies that will lead the global climate market. The keyword for this years expo is carbon-free energy. With the global demand for electricity skyrocketing, carbon-free energy such as nuclear power and hydrogen will be the most reasonable alternatives.

 

Last September, South Korea proposed the Carbon-Free Energy Initiative to the international community through President Yoon Seok-yeols keynote speech at the UN General Assembly. In October, we plan to launch a global working group to establish CFE implementation standards based on consensus among major countries. Starting with co-hosting this expo with the IEA (International Energy Agency), we will make even more efforts to spread carbon-free energy globally. Prime Minister Han emphasized,

 

South Korea possesses excellent technologies in various fields such as nuclear power plants, hydrogen, and batteries. In particular, the Davos Forum earlier this year invited Korea as a key panelist and created a session on nuclear power plants for the first time, thereby elevating its status as a leading country in nuclear power plants. It also achieved the feat of being selected as the preferred bidder for the largest-ever 24 trillion won nuclear power plant contract in the Czech Republic. In addition, the Incheon Liquid Hydrogen Plant, the worlds largest liquid hydrogen production facility completed in May, will serve as a solid foundation for leading the global hydrogen economy. Our government will develop the global climate market based on world-class technology and innovation capabilities. Prime Minister Han said,

 

In his welcoming speech, Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry, said, This summer was also difficult for South Korea due to unprecedented heat waves. I think these are the days when we can feel that global warming has ended and the era of the Earth boiling has arrived. On the other hand, this summer was the coolest compared to all summers to come.

 

This expo has gathered all the innovations that will save our aching planet. From climate change prediction technology to carbon energy, carbon capture, and future mobility, we are showcasing over 500 products and technologies. As an entrepreneur, I believe that companies cannot be free from the climate crisis. Google gave up the title of the first large company to achieve carbon neutrality in July. This is because strategic demand has increased due to AI, which has significantly reduced carbon emissions. This is an example of how challenging carbon neutrality is, and now companies must become problem solvers to reduce carbon. Chairman Choi emphasized,

 

He said, There were more predictions and warnings. The golden time for this crisis is 10 years away. It is now becoming a reality, but what we did not predict is the speed of change. We need to increase the speed of innovation, and to increase the speed of change, we need not only educational efforts but also help from information and development organizations in each country.

 

South Koreas energy and infrastructure are based on fossil fuels from the economic development era 40-50 years ago. It is still insufficient to respond to the rapidly increasing demand for electricity in the AI era and to support the era of carbon-free energy. In particular, we need to reorganize the system centered on regulations to an incentive system so that more companies can participate in climate technology development. Through this, we need to evaluate the energy industry as a national agency industry that supports other industries and grow it into a major business that makes money, creates jobs, and exports. Chairman Choi emphasized,

 

Mayor Park Hyung-joon said in his welcoming speech, Companies with the best technology are the heroes who will overcome climate change in the 20th century. This years expo, held in Busan for the second time, has been elevated to a global event that goes beyond a representative event of the Republic of Korea with the participation of all government ministries, as the International Energy Agency is participating as a co-host. He emphasized, "Busan is a representative industrial city of Korea that is rapidly moving toward carbon neutrality in all areas of the city, from energy, new industries, transportation infrastructure, and civic life, and is clearly showing the 2050 urban development domestically and internationally. As a global maritime city, it is pioneering a new tomorrow in all areas related to the sea, including eco-friendly ships and ports."

 

Mayor Park said, "Busan is also leading the development of various forms of carbon-free energy, including hydrogen. It is also a city that has the capacity to lead the CFE initiative proposed by Korea to the international community. I hope that this expo held in Busan will become a place for mutual development to share the latest technologies and policies for responding to crises in each country and a platform for strengthening the global network. I sincerely hope that the path that will allow humanity to move beyond climate change and into the distant future will be opened right here in Busan."

 

Next, Fatih Birol, Director General of the International Energy Agency (IEA), gave a keynote speech on 'Maintaining Energy Security in the Transition to Clean Energy', and James Bacchus, Professor Emeritus of the Department of International Studies at the University of Central Florida, gave a keynote speech on 'Trade Rules for the Green Energy Transition'.

 

Meanwhile, the conferences include the Korea-IEA Joint Forum, the Energy Artificial Intelligence (AI) Forum, the Global Sea City Conference on Climate Crisis Response, and the Carbon-Free Energy (CFE) Leaders Roundtable. The CFE Summit is hosted by the IEA, the Ministry of Trade, Industry and Energy, the Korea Chamber of Commerce and Industry, and the CF Union, the Industry and Technology Summit is hosted by the Ministry of Land, Infrastructure and Transport, the Ministry of Science and ICT, the 2050 Carbon Neutral Green Growth Committee, and the Ministry of Trade, Industry and Energy, the Korea Meteorological Administration, the Korea Forest Service, and the Busan Metropolitan City, and a total of 11 conferences are held.

 

At the Carbon-Free Energy (CFE) Leader Roundtable held at the BEXCO Summit Hall, key leaders who attended the opening ceremony gathered to discuss the topic of A Sustainable Future Created through Carbon Neutrality.

 

The Carbon Neutrality and Green Growth Forum was held at the BEXCO Convention Hall at 2:00 PM on the same day, hosted by the Presidential Committee on Carbon Neutrality and Green Growth 2050 and organized by the city. Mayor Park, Chairman Kim Sang-hyeop of the 2050 Carbon Green Committee, and experts from various fields in the circular economy field discussed Measures to Activate the Resource Circular Economy, and examined domestic and international trends related to the circular economy and sought Busans response strategy to leap forward as a leading city in resource circulation.

 

The Global Maritime City for Climate Crisis Response conference was held at the BEXCO Convention Hall at 3:00 PM, hosted by the city of Busan. Mayor Esbjerg of Denmark was invited to the event.

 

The keynote speeches will be given by Park Dong-seok, Director of Busan Metropolitan Citys Advanced Industry Bureau, Jesper Frost Rasmussen, Mayor of Esbjerg, Denmark, and broadcaster Tyler Rasch. Panelists include Professor Lee Young-ho of Korea Maritime and Ocean University as the moderator, Philippe van Hove, President of the European Chamber of Commerce in Korea, Jesper Bank, Chief Creative Officer of the Port of Esbjerg, Denmark, Bjorn Inge Braaten, CEO of Equinor Korea, Wadia Fruergaard, Managing Director of Vestas, and Kim Jong-deok, President of the Korea Ocean Research and Development Institute.


 



The exhibition hall is organized under themes such as carbon-free energy, future mobility, environment, ocean, weather, and forest. The exhibition held at BEXCO Exhibition Hall 1 and 2 will be attended by 537 domestic and foreign companies including Samsung Electronics, LG Electronics, POSCO, Hyundai Motors, Hanwha Solutions, and RWE, and will be related to carbon-free energy. The exhibition showcased the world's latest technologies and products for reducing carbon emissions, including, AI-based energy saving technology (Samsung Electronics), AR-based housing solutions (LG Electronics),hydrogen car rapid chargers (SK E&S),carbon-neutral steel production technologies such as hydrogen reduction ironmaking (POSCO Holdings), AI and satellite-based power generation prediction and demand management technologies (Haejum), small nuclear power (SMR) and hydrogen turbines (Doosan), eco-friendly high-voltage circuit breakers that do not emit carbon (HD Hyundai Electric), detection tapes that can immediately detect hydrogen leaks (Unid), forest carbon offsets and super cosmetics (SK Forestry).

 

Side events include a carbon-free energy (CFE) workshop for Asia-Pacific Economic Cooperation (APEC) member countries, a nuclear power/clean hydrogen forum, and a public institution recruitment briefing.

 

Resource : Busan Break News, Sep. 4, 2024

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