Korea’s own development of an integrated gasification combined-cycle (IGCC) power plant, to be built for the first time in Korea and only the 7th in the world, is to be completed by November.
Korea Western Power Co. (KOWEPO) targets it’s second phase technology development project of the IGCC, launched in February 2011, to be completed by November. The progress of a project to build a 300MWe IGCC verification plant at the Taean Thermal Power Complex now stands at 99.2 percent.
In June, the IGCC plant succeeded in producing syngas from coal.
KOWEPO plans to dedicate the IGCC plant after conducting pre-use and reliability tests by the end of July. The power company plans to wrap up the project to develop the Korean IGCC standard plant after conducting a thorough verification process after its dedication.
“The Taean IGCC plant, now in a test operation, emits lower-than-expected air pollutants, similar to those of eco-friendly natural gas combined-cycle plants, emerging as a new alternative option to coal-fired power plants in the future,” a KOWEPO official said.
KOWEPO hosted a meeting on the fifth year of the development of the Korean IGCC standard plant July 14-15 with about 100 officials from bodies participating in the development project in attendance. The meeting took place in the Yangpyeong Chereville Paradise Training Institute in Gyeonggi-do.
A special session was held at the event in which an official in charge of POSCO’s substitute natural gas project was invited to share information on the development of coal gasification technology in Korea.
KOWEPO, Shinsung Solar Energy Sign MOU on Photovoltaic Power Project in Vietnam
KOWEPO is seeking to implement a joint 300MW photovoltaic power plant project in the Central Highlands province of Dak Lak in Vietnam. The power company singed a MOU on the joint development of photovoltaic power plants in Dak Lak in Vietnam with Shinsung Solar Energy, a Korean photovoltaic power module maker, on June 28.
Under the deal, KOWEPO and Shinsung Solar Energy will install a combined 300MW photovoltaic power facility.
Vietnam boasts optimal operational conditions for photovoltaic power facilities due to abundant sunshine amounts and abundant deposits of aluminum and bauxite. It is expected to see its electricity demand surge along with the exploration and development of resources mines.
KOWEPO has been hitting the accelerator to explore new and renewable energies, including photovoltaic power, wind power, biomass, IGCC and fuel cells, to effectively cope with the Post-2020 Climate Change Regime and contribute to meeting the nation’s greenhouse gas emission reduction goals. The power company plans to make the project a springboard to expand its entry into the global new and renewable energy markets.
Shinsung Solar Energy has been conducting a field study since 2014 to make a raid into the Vietnamese photovoltaic power market. The company has made some progress in negotiations on the project with Dak Lak province authorities. Shinsung Solar Energy, equipped with high-efficiency module production capabilities, is expected to have synergetic effects with KOWEPO’s excellent facility operation capabilities.
The project, which will cost about $450 million, will likely have an effect of exporting about $320 million, thus contributing to boosting the national economy and the exporting industry.
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