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January 11, 2022

Youngnam (Yeongnam) Combined Cycle Power Plant, South Korea

By Carmen

Youngnam (Yeongnam) Combined Cycle Power Plant is a 476MW gas fired power project. It is located in Ulsan, South Korea. The project is currently active. It has been developed in single phase. The project construction commenced in 2015 and subsequently entered into commercial operation in October 2017.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 476 476 Active Ulsan, South Korea KOSPO Youngnam Power

Description

The project was developed by KOSPO Youngnam Power and is currently owned by Korea Southern Power.

It is a Combined Cycle Gas Turbine (CCGT) power plant.

The project cost is $348.522m.

Development Status

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The project construction commenced in 2015 and subsequently entered into commercial operation in October 2017.

Contractors Involved

Mitsubishi Power was selected as the turbine supplier for the Gas fired project. The company provided 1 unit of M501J gas turbine with 321MW nameplate capacity.

Mitsubishi Power was selected as the turbine supplier for the Gas fired project. The company provided 1 unit of SRT-45AX steam turbine with 155MW nameplate capacity.

Mitsubishi Electric supplied electric generator for the project.

S&T supplied steam boiler for the project.

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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