Energy
Doosan inks $214 mn deal for Korea combined cycle power plant
Doosan Enerbility wins its first order to supply 380 MW gas turbine for a combined cycle power plant based on homegrown tech
By Jun 28, 2023 (Gmt+09:00)
1
Min read
Most Read
Macquarie eyes its 1st Korean data center valued around $722 mn
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
S.Korea's LS Materials set to boost earnings ahead of IPO process
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
Galaxy Ring, new foldables set to steal the show at Samsung Unpacked Paris
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
POSCO gears up for carbon-free steelmaking with hydrogen
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
![Korea Midland Power CEO Kim Hobin (left) and Doosan Enerbility President & COO Jung Yeonin sign a component deal for the country’s first combined cycle power plant to be developed with homegrown technology on June 27, 2023, in Seoul (Courtesy of Doosan Enerbility)](https://www.kedglobal.com/data/ked/image/2023/06/28/ked202306280035.700x.0.jpg)
Doosan said on Wednesday that it signed a deal with Korea Midland Power Co. (KOMIPO), wholly owned by the state-run utility Korea Electric Power Corp., to provide a 380-megawatt (MW)-gas turbine, a steam turbine and heat recovery steam generators (HRSG) for a new combined cycle power plant, the country’s first project to apply homegrown technology.
The combined cycle power plant with a total capacity of 569 MW will be built by June 2026 in Boryeong, about 180 kilometers southwest of Seoul.
KOMIPO aims to convert the power plant into a hydrogen combined cycle power plant to achieve carbon neutrality by 2050. A gas turbine can be altered into a hydrogen turbine through changes in some parts.
HOMEGROWN TECHNOLOGY
Combined cycle power plants in South Korea have been equipped with gas turbines manufactured by foreign companies such as General Electric Co. and Siemens, which made efficient maintenance difficult.
Doosan Enerbility, which secured its own gas turbine technology in 2019 as the fifth to do so in the world, has been working to develop the country’s own standard technology for combined cycle power plants with some 340 industry-academic research centers as a national task since 2021.
“We will complete the (Boryeong) project with all our capabilities,” said Doosan Enerbility President & COO Jung Yeonin in a statement.
“Through this, we will vitalize the domestic gas turbine industry ecosystem and prepare the foundation for our global business.”
Write to Mi-Sun Kang at misunny@hankyung.com
Jongwoo Cheon edited this article.
More to Read
-
ConstructionDoosan Enerbility wins combined cycle power plant order in Kazakhstan
Mar 15, 2023 (Gmt+09:00)
1 Min read
Comment 0
LOG IN