The Namyangju Cogeneration Power Plant is 500MW gas fired power project. It is planned in Gyeonggi, 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 2024 and is expected to enter into commercial operation in October 2027. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed and currently owned by Korea Western Power and Narae Energy Service. The owners have 50% stake in the project respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by October 2027.
For more details on Namyangju Cogeneration Power Plant, buy the profile here.
About Korea Western Power
Korea Western Power Co Ltd (KOWEPO), a subsidiary of Korea Electric Power Corp, develops electricity resources and generates and supplies electricity. The company’s power generation portfolio includes Taen, Pyeongtaek, Seoincheon and Gunsan power complexes consisting of thermal, hydro, solar and combined cycle power plants; and solar power plants. KOWEPO is headquartered in Seoul, Korea.
About Narae Energy Service
Narae Energy Service Co Ltd, a subsidiary of SK Inc, is engaged in the production and supply of heat for heating, cooling and electricity to households and industrial complexes. It is headquartered in Hanam-si, Gyeonggi-do, South Korea.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
