East-West Power (EWP) President Chang Joo-ok and some 150 Donghae Thermal Power Complex staff and family 

members climb up the observation tower of the Donghae Thermal Power Complex in Donghae, Gangwon-do,

 to view the first sunrise of 2014. (photos: courtesy of EWP, article by S. Y. Kim)

East-West Power (EWP) President Chang Joo-ok made an inspection tour of the Donghae Thermal Power Complex in Donghae, Gangwon-do, to start the year, a far cry from the conventional ceremony to kick off the New Year at the EWP headquarters. 

EWP President Chang and some 150 Donghae Thermal Power Complex staff and family members climbed up the complex’s observation tower to view the first sunrise of 2014 and held a ritual to pray for no industrial disasters and no interruption of power operations for three days from Jan. 1. Chang then took time out with the EWP staff members to chat with each other.

 EWP President Chang Joo-ok.

In a ceremony to kick off the new year in which EWP executives and staff members participated, President Chang unveiled the top management goals EWP will implement during this year, including a reduction of debt, the achieving of a “no industrial disaster” goal, and sympathy and communication. 

President Chang said, “I praise our staff’s efforts to ensure a stable supply of electricity during the past year, and I ask you to devote yourself to achieve the future vision, dubbed ‘2030 MVP Company’ on top of supplying electricity without interruption.” The vision calls for raising the company’s electricity generation capacity to 34,200MW and sales to 13 trillion won by 2030. The vision “2030 Most Valuable Power Company” aims at growing into an energy company with supreme values with the ultimate goal of making human life happier. 

True to the long-term vision, EWP aims at increasing its total power facility capacity to 34,200MW, sales to 13 trillion won, and net profit to some 1.2 trillion won by 2030 by ensuring sustainable growth in the Korean power industry amidst a rapidly changing business environment, contending with such factors as cutthroat competition and the introduction of new technologies. 

President Chang also inspected a biomass power unit with the nation’s largest capacity and experienced shift working hours there. 

EWP Sharing Technology with Vietnam

WEP held a seminar at the Vietnamese Industry and Commerce Ministry in Hanoi on Jan. 9 to share the energy cost reduction technology for co-firing two or more kinds of coal. 

Some 80 people from both countries participated in the seminar in which major practices at Dangjin and Donghae coal-fired complexes employing the technology of co-firing different kinds of coal and a fuel condition monitoring system were presented. 

Among the participants were Yoon Tae-joo, chief of EWP Technology and Safety Division, and officials from the Korean Embassy in Vietnam and the Vietnamese power authorities.

EWP officials said the seminar would serve as an opportunity to publicize the prowess of the technology for co-firing different kinds of coal and facilitate exchanges of the energy industries of the two countries.

Dir. Gen. Pham Manh Thang of the Vietnamese Industry and Commerce Ministry proposed the holding of the seminar to EWP while participating in the 22nd World Energy Congress 2013 in Daegu, Korea. 

EWP Wins Management and Environ-ment Awards

EWP was awarded the Environment Minister’s Prize in Environment at the 10th Korea New Growth Management Grand Prix Award Ceremony and the Trade, Industry and Energy Minister’s Prize at the 2013 Korea Health/Environment Grand Prix. EWP’s winning of the two prizes was owed to the power company’s contributions to facilitating the supply of new and renewable energy resources by improving the efficient utilization of resources through the operation of a biomass power unit using waste resources, nurturing SMEs and creating jobs.

The power company was recognized for the operation of a green management system it developed on its own and its contribution to the construction of power facilities that mitigate greenhouse gas emissions and the development of carbon capture and storage and other technologies.