The Ulsan Bugok-dong Combined Cycle Power Plant is 1,227MW gas fired power project. It is planned in South Gyeongsang, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in August 2024. Buy the profile here.
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Description
The project is being developed and currently owned by Ulsan GS. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be liquefied natural gas. In case of shortage of liquefied natural gas the plant will run on Liquefied Petroleum Gas.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by August 2024.
Contractors involved
SK Ecoplant is expected to render engineering procurement construction services for the gas fired power project.
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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.
