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November 12, 2021

Dangjin Biomass Power Plant, South Korea

By Carmen

Dangjin Biomass Power Plant is an 189MW biopower project. It is located in South Chungcheong, South Korea. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in September 2015.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Biopower 189 189 Active South Chungcheong, South Korea GS EPS

Description

The project was developed by GS EPS. GS Holdings and OQ SAOC are currently owning the project having ownership stake of 70% and 30% respectively.

The process of combustion has been adopted in this project to release the stored energy from the feed. Agricultural by-product and wood by-product are used as a feedstock to power the project.

Development Status

The project got commissioned in September 2015.

Contractors Involved

GS E&C was selected to render EPC services for the biopower project.

Sumitomo SHI FW Energia supplied steam boiler for the project. The boiler installed at the site has a capacity of 391TPH. The temperature witnessed inside the boiler is around 540°C. The steam is pressurized inside the boiler at 129bar.

Sumitomo SHI FW Energia supplied steam boiler for the project.

About GS EPS

GS EPS Co Ltd (GS EPS), formerly LG Energy Co Ltd, a subsidiary of GS Holdings Corp, is a power company that generates electricity with natural gas and renewable energy. The company constructs and operates thermal power plants, biomass power plants, and fuel cell power plants. It offers services such as long-term power supply agreements, project planning, project financing, and equipment design and supplying services. GS EPS operates LNG fired combined cycle power plant in Dangjin, Chungnam Province; and Biomass Power Plant in Shandong, China. The company serves across South Korea. GS EPS is headquartered in Seoul, South Korea.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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