CCGT Plants in South Korea
Bugok
Location: Chungcheongbuk-do
Operator: GS EPS Co Ltd
Configuration: Two 495-MW, 2+1 CCGT blocks with SGT6-4000F gas turbines CHP
Fuel: LNG
Operation: 2000-2008
HRSG supplier: Doosan
T/G supplier: Siemens
EPC: KOPEC, LG E&C, Siemens, Kocen
Quick facts: GS EPS is owned by GS Holdings (70%) and Oman Oil Co (30%). GS Holdings was established in Jul 2004 and took over LG Energy Co,in turn  founded by LG Corp in 1996 to develop the Bugok plant. It is one of the first IPPs in South Korea. Ground-breaking for the first block was in Dec 1998 and full combined-cycle operation was achieved in Apr 2001. In Nov 2005, construction got underway on a second similar block and this was turned over in Mar 2008 about 1mo ahead of schedule.

Photograph courtesy of Siemens
Re-posted 14 Jun 2008

Bundang
Location: Gyeonggi-do
Operator: Korean South-East Power Co
Configuration: 600-MW, 5+1 CCGT power plant with GT11N gas turbines CHP
Fuel: LNG, oil
Operation: 1993
HRSG supplier: ABB
T/G supplier: ABB, Mitsui
EPC: KOPEC, Hyundai
Quick facts: Bundang can supply 428 Gcal/hr for the local heating system.

Photograph courtesy of Korea South-East Power Co
Posted 1 Aug 2004

Daesan-2
Location: Chungcheongbuk-do
Operator: Marubeni Corp
Configuration: 507-MW, 4+1 CCGT with W501D5 gas turbines
Fuel: residual oil
Operation: 1998
HRSG supplier: Hyundai
T/G supplier: WH, Hyundai
EPC: Hyundai
Quick facts: The plant was acquired from Hyundai Petrochemical by Sithe Energies in 1999 and later bought out by Marubeni, one of Sithe's two original owners.

Photograph courtesy of Hyundai Engineering Co Ltd
Posted 22 Aug 2004

Gunsan
Location: Jeollabuk-do
Operator: Korea Western Power Co
Configuration: 780-MW, 2+1 CCGT with MW701G gas turbines
Fuel: gas
Operation: 2010
HRSG supplier: S&T Corp
T/G supplier: MHI, Melco
EPC: Marubeni
Quick facts: The Gunsan CCGT plant was ordered in April 2007 and was completed in May 2010

Photograph courtesy of K Solar Inc
Posted 18 May 2011

Gwangyang CC
Location: Jeollanam-do
Operator: Posco Power
Configuration: 500-MW CCGT with 7001FA gas turbines CHP
Fuel: LNG
Operation: 2000
HRSG supplier: Vogt
T/G supplier: GE
EPC: Posco E&C
Quick facts: This S207FA STAG CCGT plant was built on a turnkey basis to provide Posco's Gwangyang steel works with electricity and steam. The plant was commissioned in Aug 1999. Fuel comes through Posco's LNG terminal at Gwangyang.

Photograph courtesy of Posco E&C
Posted 8 Mar 2006

Ilsan
Location: Gyeonggi-do
Operator: Korea East-West Power Co
Configuration: 600-MW, 4+1 CCGT, 300-MW, 2+1 CCGT with W501D5 gas turbines CHP
Fuel: LNG
Operation: 1993-1996
HRSG supplier: Hanjung
T/G supplier: WH, Brush, MHI
EPC: Kopec, Hanjung
Quick facts: This is a major urban CHP plant for the Korea District Heating Corp system in the Seoul metro area.

Photograph courtesy of Korea East-West Power Co
Posted 8 Jul 2009

Incheon Komipo
Location: Incheon
Operator: Korea Midland Power Co
Configuration: 500-MW, 2+1 CCGT with SGT6-4000F gas turbines
Fuel: natural gas
Operation: 2006
HRSG supplier: Doosan
T/G supplier: Siemens
EPC: KOPEC, GS E&C
Quick facts: In early 2003 Siemens PG received the Incheon order. The plant is modeled on Bugok-I. At completion, the 58% design thermal efficiency was the highest in the country.

Photograph courtesy of GS E&C
Posted 17 Oct 2006

Incheon Posco
Location: Incheon
Operator: Posco Power Co Ltd
Configuration: 4 X 450-MW, 3+1 CCGT blocks with W501D and W501D5A gas turbines
Fuel: LNG, diesel oil
Operation: 1995-2002
HRSG supplier: Doosan
T/G supplier: Westinghouse, Hitachi
EPC: Daewoo
Quick facts: At completion, this was the largest LNG-fired IPP in South Korea. In Dec 2006, Posco was permissioned to add two 500-MW CCGT blocks at Incheon.

Photograph courtesy of Posco Power Co Ltd
Posted 7 Aug 2010

K-Power
Location: Jeollanam-do
Operator: K-Power Ltd
Configuration: 2 X 537-MW, 2+1 CCGT blocks with 7001FA gas turbines
Fuel: LNG
Operation: 2006
HRSG supplier: Nooter
T/G supplier: GE
EPC: Daelim
Quick facts: This is South Korea's first private merchant power plant. K-Power is a 65:35 joint venture of SK Corp and BP.  In Aug 2004, the company signed a $2bn, 20yr agreement to buy LNG from the Tangguh field in Indonesia. Baker & McKenzie advised on this transaction.

Photograph courtesy of K-Power
Posted 1 Nov 2006

Paju
Location: Gyeonggi-do
Operator: Korea District Heating Co
Configuration: 515-MW, 2+1 CCGT with M501F gas turbines CHP
Fuel: LNG
Operation: 2011
HRSG supplier: BHI Co
T/G supplier: MHI, Melco
EPC: Ekono, Daewoo, Hyundai, Posco E&C
Quick facts: This is the largest CCGT CHP plant on the KDHC system and serves about 50,000 customers in Paju Gyoha New Town. The project was first approved in 2003 at 350 MW and expansion to 515 MW was permissioned in 2006. Operation began in Jan 2011.

Photograph courtesy of www.todayenergy.kr
Posted 28 May 2011

Pohang Finex
Location: Gyeongsangbuk-do
Operator: Posco
Configuration: 146-MW single-shaft CCGT with 7001FA gas turbines
Fuel: Finex offgas
Operation: 2006
HRSG supplier: Doosan
T/G supplier: MHI, Melco
EPC: Posco E&C
Quick facts: Operations at the Posco steel works began in the early 1970s with a workforce of only 39 people. Today, Posco has more than 50,000 employees, and with an annual production volume of 30mn tons, the company is now the world’s fourth-largest steelmaker. The Finex process was developed by Posco and Siemens and uses a fluidized bed reactor in which carbon monoxide stirs up ore fines at a temperature of around 800°C followed by a series of reactors whose product is small pieces of sponge iron. These are compacted and fed into a melter gasifier charged with oxygen. The resulting gas consists of carbon monoxide and hydrogen. This is used as a reduction gas in the FBR and low-Btu export gas from this process can be used for power generation. This was South Korea's first CCGT plant using Finex gas.

Photograph courtesy of Posco E&C
Posted 8 Mar 2009

Pusan CC
Location: Busan-gwangyoksi
Operator: Korean Southern Power Co
Configuration: 4 X 450 MW, 2+1 CCGT blocks with 7001FA gas turbines
Fuel: LNG
Operation: 2000-2004
HRSG supplier: Doosan
T/G supplier: GE

Photograph courtesy of Power
Posted 14 Aug 2004

 
Poryong CC
Location: Chungcheongnam-do
Operator: Korean Midland Power Co
Configuration: 4 X 500 MW, 2+1 CCGT blocks with GT24A gas turbines
Fuel: LNG
Operation: 1997-2000
HRSG supplier: Hanjung
T/G supplier: ABB
EPC: ABB, Hyundai
Quick factsr: The site also has 8 coal-fired units.

Photograph courtesy of Hyundai Engineering Co Ltd
Posted 5 Aug 2004

  Yulchon
Location: Chollabuk-do
Operator: Meiya Power Co
Configuration: 500-MW, 2+1 CCGT with W501F gas turbines
Fuel: natural gas
Operation: 2004-2005
HRSG supplier: Doosan (CMI)
T/G supplier: Siemens
EPC: Hyundai
Quick facts: In 1996, Hyundai Energy secured a generator license and a PPA with Kepco for this $300mn plant at Yulchon Industrial Complex and then shopped the project to private power companies. In Dec 2001, Mirant Corp agreed to acquire Hyundai Energy. A year later, Meiya Power Co Ltd announced the acquisition of 100% of Mirant Yulchon Generation Co Ltd and project financing was completed in Jan 2003. The key component was a limited recourse loan of $220mn from Korea Development Bank.

Photograph courtesy of CMI HRS
Posted 9 Mar 2006

Abbreviations

Data: industcards, Platts UDI World Electric Power Plants Data Base

Updated 20-Feb-2012

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