Korea East-West Power (EWP) announced on Sept. 2 that EWP President Kwon Myung-ho and other executives visited a planned construction site for a 1,000 MW combined cycle power plant to supply electric power to the Yongin Semiconductor Cluster to inspect the status of the project.
This site visit was paid to comprehensively review conditions and future plans for the power plant’s construction, as well as to ensure the timely establishment of the large-scale power infrastructure needed to support the competitiveness of the Korean semiconductor industry in line with the government’s policy.
President Kwon took a tour of the planned construction site and closely examined plans for key infrastructure, such as grid interconnection, water supply, and site conditions as well as the future construction schedule.
The Yongin Semiconductor Cluster is a pivotal hub that will determine the future competitiveness of Korea’s semiconductor industry.
Establishing a power supply system capable of supporting the stable operation of large-scale, cutting-edge semiconductor production facilities is a critical task for the successful development of the industrial complex.
The 1,000 MW combined cycle power plant being developed by EWP is the first to be built within the planned 3 GW power generation complex at the national industrial site.
A bird's-eye view of the Yongin Semiconductor Cluster. (Photos: EWP)
It will play a crucial role in providing the timely and stable supply of electricity required for the operation of Samsung Electronics’ advanced semiconductor fabs.
“The construction of the Yongin Combined Cycle Power Plant goes beyond a simple expansion of power generation facilities. it is a pivotal task that will support Korea’s semiconductor industry and determines the nation’s future competitiveness,” Kwon said.
“We will fulfill our duties as a state-run company through rigorous safety management and swift project execution, even amidst the uncertainties of the energy transition.”
Partnering with KOSHA to Create Safe Workplaces
EWP and the Korea Occupational Safety and Health Agency (KOSHA) will pull together to prevent industrial accidents and foster a safety culture within the power industry.
On Aug. 25, EWP signed a business agreement with the KOSHA for the prevention of industrial accidents and the spread of safety culture in the power industry at the KOSHA headquarters.
This agreement was signed to strengthen a cooperative safety and health framework, reflecting a growing need to reinforce safety management at power plant sites.
Power plant sites, in particular, involve large-scale facilities and high-risk processes, making effective accident prevention crucial.
Accordingly, the two organizations pledged to combine EWP’s operational experience with KOSHA’s technical expertise in safety management to jointly identify and eliminate actual workplace hazards.
Under the agreement, the two organizations will cooperate closely to prevent industrial accidents in the power industry by providing training on establishing safety and health management systems for contractors and subcontractors and supporting experiential training among others
Nation’s Largest Wind Power AI Competition
On Sept. 3, EWP held the Energy Transition Conference at Spigen Hall.
The event included an awards ceremony for the 3rd Wind Power Generation Forecasting AI Competition.
This conference was organized to share the results of the competition held over approximately two months starting last June and to encourage and praise young talents who explored new possibilities in the energy industry using AI technology.
The competition’s name, “BARAM” stands for Bigdata Analysis & Renewable energy AI Modeling and embodies a dual meaning: “Wind” that drives wind turbines and EWP’s “Wish” for the participants’ growth and success.
Now in its third year, the competition has seen continuous significant growth.
The number of participants rose from 188 in the first year to 706 last year and 2,115 this year.
Notably, the number of participants tripled compared to the previous year, making it the largest AI contest in Korea this year.
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