GS Pocheon power station
|This article is part of the CoalSwarm coverage of South Korea and coal|
GS Pocheon power station is a 170-megawatt (MW) coal-fired power station in Gyeonggi province, South Korea.
The undated satellite photo below shows the plant in Pocheon.
Background on Plant
GS Pocheon power station is a combined heat and power (CHP) project in Pocheon, Gyeonggi province, by GS E&R. It will generate steam for the Jangja Industrial Complex, and will generate electricity by using additional energy with a 170MW generator. The project was permitted in 2013 and construction began in 2015. It is planned for operation in 2018, but may have been delayed due to an explosion.
In December 2016, a financing agreement was closed for this project. A US$10,972,271 loan was provided by Korea Development Bank. A US$109,722,719 loan was provided by KDB Infrastructure Investments Asset Management. A US$23,770,236 loan was provided by NongHyup Life Insurance. A US$35,655,355 loan was provided by Nonghyup Bank.
August 2018 Explosion kills worker, injures others
In August 2018, an explosion at the plant killed one worker with four others taken to hospital with burns. The plant had undertaken a test operation of the plant between April and July in preparation for its commissioning.
May 2019: Construction completed
In May 2019, it was reported that construction work on the plant had been completed, and the company was in the process of having meetings with locals to hear their concerns about air pollution from coal burning. The plant will also burn biomass and gas as secondary fuels.
Protest against pollution
The plant proposal was opposed by local residents concerned about increased pollution. In March 2017 an estimated 500 residents protested against the proposed plant.
- Sponsor: GS CHP
- Parent company: GS E&R
- Location: Pocheon, Gyeonggi, South Korea
- Coordinates: 37.958781, 127.230943 (exact)
- Status: Operating
- Gross Capacity: 170 MW
- Type: CHP
- Start year: 2019
- Coal Type:
- Coal Source:
- Source of financing: US$10,972,271 in debt from Korea Development Bank; US$109,722,719 in debt from KDB Infrastructure Investments Asset Management; US$23,770,236 in debt from NongHyup Life Insurance; US$35,655,355 in debt from Nonghyup Bank
Articles and resources
- "GS Pocheon CHP," GS E&R, accessed April 2018
- "Financing Dirty Energy: How Korean Public Financial Institutions Support Coal Power". Solutions for Our Climate. January 2018.
- "Explosion at coal-fired power plant kills 1, injures 4 others", Korea Herald, August 8, 2018.
- "GS포천그린에너지, 주민 초청으로 안정성 보여주다," 중앙신문, 2019.05.22
- "[Photo Opposing a coal fired power plant"], Hankyoreh, April 6, 2017.