Gunsan power station

This article is part of the CoalSwarm coverage of South Korea and coal
Sub-articles:
South Korea and coal Power companies and agencies Proposed coal plants in South Korea Existing coal plants in South Korea
Related articles:
Global use and production of coal International Information on Coal

Gunsan power station (전기생산능력) is a 222-megawatt (MW) combined heat and power (CHP) coal-fired power station in North Jeolla, South Korea. It is owned by Hanwha Energy.

Location

The undated satellite photo below shows the plant in Gunsan.

Loading map...

{"type":"HYBRID","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"600px","height":"500px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":16,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":35.954485499999997,"lon":126.53612560000001,"icon":""}]}

Background on plant

The first 123 MW unit of Gunsan power station was commissioned in 2011. It is located in Gunsan, Soryong, and is owned by Hanwha Group. An additional 99 MW unit was commissioned in 2019. According to Hanwha Energy's website, the combined heat and power (CHP) plant is contributing to the enhancement of competitiveness of the Gunsan 2nd National Industrial Complex by stably supplying good quality steam and electricity at low prices.

The Gunsan plant has reportedly been mixing and burning biomass (wood pellets) with bituminous coal since 2018.

Background on area

There are three cogeneration plants in operation in Gunsan: SGC Energy (SGC에너지), OCISE, and Hanwha Energy (한화에너지). An August 2021 article promoted converting the coal plants near the Gunsan Port to burn domestic biomass instead of coal.

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.

Project Details

• Sponsor: Hanwha Energy
• Parent: Hanwha Corporation
• 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

Related GEM.wiki articles

• South Korea and coal