Korea Midland Power Co. (KOMIPO) is accelerating efforts to enhance energy efficiency and raise competitiveness in the agriculture and fisheries sectors in keeping with the Post-2020 Climate Change Regime.
In particular, KOMIPO is stepping on the gas to cultivate new energy industries utilizing byproducts of electricity generation. Power plant byproducts refer to hot water waste, fly ashes, and carbon dioxide. Hot waste water from power plants has been recognized as a new and renewable energy source in accordance with the revised enforcement degrees of the act on the development, utilization and spread of new and renewable energies as well as recycled energies, made in March 2015.
The power company is stepping the accelerator to recycle power plant byproducts into such diverse industries as agricultural and fisheries industries. KOMIPO is implementing an 8.2 billion won, inter-ministry, state-financed project to recycle power plant byproducts into the agricultural sector. The project calls for recycling 4.6 billion tons of hot waste water from the Boryung Thermal Power Complex, the nation¡¯s largest coal-fired power complex, into a greenhouse heating energy, thus greatly saving energy consumption and employ a carbon capture and storage (CCS) technology for spurring photosynthesis of plants.
KOMIPO plans to implement a project to improve profitability by recycling coal ashes into fertilizer for plants. Similar projects are expected to develop and spread smart greenhouse systems to enhance the nation¡¯s agricultural productivity.
The power company dedicated an aquafarm at a cost of 6.7 billion won last August. This is part of KOMIPO¡¯s scheme to recycle hot waste water from its power units for cultivating fries, thus saving energy costs. KOMIPO is the sole power company to supply hot waste water from its power unit to a nearby LNG terminal, which is using it as a catalyst to vaporize LNG.
¡°Power plant byproducts, which have so far regarded as waste, are reborn into new energy sources,¡± said KOMIPO President Chung Chang-gil.
Sejong Natural Gas Combined Cycle Power Plant Responsible for Supplying Electricity to Metropolitan Autonomous City
The Sejong Natural Gas Combined Cycle Power Plant is located along the Geumsong Street in Sejong Metropolitan Autonomous City. The plant with two gas turbine generators and a steam turbine generator is capable of generating 530MW of power and 391Gcal/hr of heat simultaneously to residents of the city. The combined cycle power unit sees its efficiency stand at about 80 percent, higher than some 40 percent for conventional ones. It cuts down on energy costs for residents.
Columns of white steam being emitted from the cooling tower was once the subject of neighborhood residents¡¯ complaints, but KOMIPO¡¯s efforts to eliminate the misunderstanding of columns of steam have paid off.
KOMIPO President Calls for Communication, Open Minds
In his inaugural speech at the Boryung Thermal Power Complex headquarters in Chungcheongnam-do on Jan. 26, President Chung said, ¡°I¡¯ll devote myself to establishing KOMIPO as a company recognized by people, which stands at a center of power companies by turning to communication and open management and gaining excellent marks in management evaluation.¡±
He urged labor and management to ¡°collect wisdom with one mind¡± so the company can become a leader in new energy industries, striving to become a company endeavoring to improve the quality of people¡¯s lives by attaching top priority to managing changes and safety.
President Chung set his management tenets as: returning to the basics; pursuing growth; and having open management. He set forward the catchphrase ¡°KOMIPO family opening a better future with one mind.¡±
KOMIPO President Chung held his inauguration ceremony at the power generation site, Boryung Thermal Power Complex, instead of at the company¡¯s headquarters in Boryung, indicating his determination to focus on communication and field-oriented management.
A view of EWP¡¯s Boryung Thermal Power Complex. (Photos:KOMIPO)