The Shinhonam Natural Gas Combined Cycle Power Plant is 1,000MW 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 2028 and is expected to enter into commercial operation in December 2029. Buy the profile here.
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Description
The project is being developed and currently owned by Korea East-West Power. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
Development status
The project construction is expected to commence from 2028. Subsequent to that it will enter into commercial operation by December 2029.
For more details on Shinhonam Natural Gas Combined Cycle Power Plant, buy the profile here.
About Korea East-West Power
Korea East-West Power Co Ltd (EWP), a subsidiary of Korea Electric Power Corp, is a state-owned electric utility producer. It generates and supplies the electricity to its customers in the region. It produces electricity from various sources including coal, oil, liquefied natural gas, mini hydro, and renewable sources such as solar, wind, biomass, and biogas. The company also offers plant construction, engineering, plant operations, and plant maintenance services; and financial investment services for the exploration and development of mines. EWP serves in domestic and overseas regions. It has operating and developing interests in power generation facilities in North America, Latin America and the Caribbean, Asia, and Oceania. EWP is headquartered in Jung-gu, Ulsan, South Korea.
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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.
