The Daesan II Combined Cycle Power Plant is 512MW gas fired power project. It is planned in South Chungcheong, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in December 2026. Buy the profile here.
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Description
The project is being developed and currently owned by CGN New Energy Holdings. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Korea Gas Corp.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by December 2026.
For more details on Daesan II Combined Cycle Power Plant, buy the profile here.
About CGN New Energy Holdings
CGN New Energy Holdings Co Ltd (CGN New Energy), a subsidiary of CGN Energy International Holdings Co Ltd, is an independent power producer. It generates electricity and steam using conventional and non-conventional energy sources. The company business includes: Solar, Wind, Hydro and Integrate. The company acquires clean and renewable power generation projects besides developing greenfield and brownfield projects. CGN New Energy constructs and operates wind, solar, gas-fired, coal-fired, oil-fired, hydro, cogeneration, and fuel cell plants in China and South Korea. The company’s portfolio of assets also comprises steam project. Its major customers are electricity off-takers. The company sells power through Korea Power Exchange. CGN New Energy is headquartered in Hong Kong.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
