Gunsan power station
|This article is part of the CoalSwarm coverage of South Korea and coal|
Gunsan power station is a 222-megawatt (MW) coal plant in North Jeolla, South Korea.
The undated satellite photo below shows the plant in Gunsan.
Background on Plant
Financing for Unit 2
The National Pension Service provided financing through a bond for US$54,859,197. Korea Development Bank provided financing through a bond for US$82,298,108 and through a loan for US$245,979,900. Nonghyup Bank provided a loan for US$4,571,921. Korea Post provided financing through a bond for US$45,719,213.
- Sponsor: Hanwha Group
- Location: Gunsan, Soryong, Gunsan, North Jeolla Province, South Korea
- Coordinates: 35.9544855, 126.5361256 (exact)
- Status: Operating
- Gross Capacity: 222 MW (Unit 1: 123 MW, Unit 2: 99 MW)
- Type: CFB
- Start year: 2011 (Unit 1), 2019 (Unit 2)
- Coal Type: Bituminous
- Coal Source:
- Source of financing: US$54,859,197 in debt from the National Pension Service; US$328,278,008 in debt from Korea Development Bank; US$4,571,921 in debt from Nonghyup Bank; US$45,719,213 in debt from Korea Post
Articles and resources
- "Hanwha Gunsan Cogeneration Plant," Sumitomo SHI FW, accessed Dec 2018
- "Business: Cogeneration," Hanwha Group, accessed January 2018
- "Gunsan Plant," Hanwha, accessed May 2019
- "Financing Dirty Energy: How Korean Public Financial Institutions Support Coal Power". Solutions for Our Climate. January 2018.