Naepo RDF Power Plant is a 13MW biopower project. It is planned in South Chungcheong, South Korea. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer |
|---|---|---|---|---|---|---|
| Biopower | 13 | – | 13 | Permitting | South Chungcheong, South Korea | Naepo Green Energy |
Description
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The project is being developed and currently owned by Naepo Green Energy.
The project cost is expected to be around $21.334m.
The process of combustion will be adopted in this combined heat and power (CHP) project to release the stored energy from the feed. Refuse which is a kind of municipal solid waste will be used as a feedstock to power the project.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Contractors Involved
LOTTE Engineering & Construction is expected to render EPC services for the biopower project.
About Naepo Green Energy
Naepo Green Energy Co Ltd (NGECL) is a power operator of natural gas, coal, and oil-fired electric generating units. The company is located in 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.
