The Yeosu Natural Gas Power Plant is 500MW gas fired power project. It is planned in South Jeolla, 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 2028. Buy the profile here.
Description
The project is being developed and currently owned by Korea Western Power. The company has a stake of 100%.
It is a CCGT with Cogen power plant. The fuel will be procured from Northeast Asia LNG Hub Terminal.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by December 2028.
For more details on Yeosu Natural Gas Power Plant, buy the profile here.
About Korea Western Power
Korea Western Power Co., Ltd. (KOWEPO), a subsidiary of Korea Electric Power Corporation (KEPCO), 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 at Samrangjin, Sejong City and Gyeonggi. KOWEPO is headquartered in Seoul, Korea.
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