The Yeosu Green Energy Power Plant is 495MW 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 October 2026. Buy the profile here.

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Description

The project is being developed and currently owned by E1. The company has a stake of 100%.

It is a CCGT with Cogen power plant.

The Gas fired project consists of 1 steam turbine with 161MW nameplate capacity.

The Gas fired project consists of 1 gas turbine with 334MW nameplate capacity.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by October 2026.

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About E1

E1 Corp (E1), a subsidiary of LS Corp, is an oil and gas company. It provides liquefied petroleum gas import and export services. The company's services include liquefied petroleum gas distribution channels, import and export of liquefied gas, liquefied petroleum gas supply and others. Its autogas stations fuel LPG vehicles, refueling stations and retailers supply bottled LPG to residences and commercial establishments. E1 supplies LPG through bulk tanks installed at apartment complexes and supplies LPG through direct pipelines to petrochemical plants. It also provides renewable energy through solar photovoltaic (PV) power generation and wind power generation. The company also carries out electric vehicle charging business which includes electric vehicle charging operation, manufacturing, and installation. E1 is headquartered in Seoul, South Korea.

This content was updated on 11 November 2024

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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.