Urgent.News

What's breaking now, across thousands of outlets.

Business

정수장 ‘노는 땅’에 태양광 발전소…중기에 kWh당 130원 공급

Original Korean Read in English

A solar power plant is being built on unused land at the Paju City Seolleung water treatment facility in Gyeonggi Province, supplying electricity to seven medium-sized local businesses at a rate of 130 won per kWh. This is the first of its kind nationwide, as the local government provides public land and the regional public enterprise sells renewable energy directly to various local businesses through the KET (Korea Electricity Transmission) network.

The facility has a capacity of 1148 kilowatts (kW), equivalent to about 380 3-kilowatt solar panels. The Paju City Government manages the land provision and regulatory procedures, while the city's utility company operates the power plant. The generated electricity is supplied to companies such as Samsung Special Brake, Shinil Gold Factory, Space Stock, Shin Dae Industrial, C&C, Hanul Extractive, and Hanyang.

The businesses are credited for their participation in the RE100 (Renewable Energy 100) commitment program. The power purchase agreement (PPA) between the power producer and the businesses remains constant for 30 years at 130 won per kWh. This price is 20 won lower than the government's recent announcement of reducing solar power prices to 150 won per kWh or below.

The city utilizes its water treatment facility and handles administrative procedures to minimize costs for land acquisition and permitting. The model promotes 'local production and export competitiveness' and encourages regional industries to adopt renewable energy. The city plans to actively identify public land with low usage, such as road shoulders and bike lanes, to build more solar power plants and expand support for local businesses in need of renewable energy.

Written by urgent.news from Hankyoreh's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hani.co.kr →

More in Business

Dr. Adefunke Soyibo: 19 Years On, Betting Big on Affordable Furniture at HNK Interiors

Dr. Adefunke Soyibo, Founder and CEO of HNK Interiors and HNK Designs Centre, recently commissioned the new HNK Interiors Manufactory and unveiled the HNK Design Centre in Lekki, Lagos. The event

  • Dr. Adefunke Soyibo inaugurates new manufactory and HNK Design Centre in Lekki, Lagos.
  • HNK prioritizes local production, reduced delivery times, and affordable furniture.
  • Design Centre showcases kitchen cabinets, wall panels, and HNK Casa for gatherings.

Malaysia's multi-billion BESS race

KUALA LUMPUR: Renewable energy (RE) construction flows in Malaysia are expected to pick up in the coming months, with battery energy storage systems (BESS) being the next phase of growth.

Incheon International Airport took the top spot in international passenger traffic in the first half of the year, surpassing London's Heathrow Airport and Hong Kong's Chek Lap Kok Airport, also known as Hong Kong International Airport. According to the Airports Council International, or ACI, on the 12th, Incheon International Airport handled 18.76 million international passengers in the first half of this year. Heathrow Airport, which ranked first in the first half of last year, fell to second place with 17.92 million passengers, and Hong Kong International Airport ranked third with 17.63 million passengers. Incheon International Airport ranked third in 2019 and 2020, and second in 2021 and 2022. The number of international passengers at Incheon International Airport in the first half of this year increased by 47% compared to the same period last year. The ACI compiles and analyzes airport traffic statistics every year and releases rankings for airports around the world. 인천국제공항이 올해 상반기 국제선 여객 실적에서 세계 1위에 올랐다. 인천국제공항은 12일 공항 관련 국제 통계기구인 에어포트스 카운슬 인터내셔널(ACI)에 따르면 올해 상반기 국제선 여객 1천876만 명을 유치했다고 밝혔다. 이는 지난해 상반기 1천272만 명보다 47% 증가한 수치다. 지난해 상반기 국제선 여객 1위를 차지했던 런던 히드로 공항은 1천792만 명으로 2위에 그쳤고, 3위는 홍콩 국제공항(1천763만 명)이 차지했다. 인천국제공항은 2019년과 2020년 3위, 2021년과 2022년 2위에 오른 바 있다. ACI는 매년 공항 관련 통계를 집계·분석하고 전 세계 공항 순위를 발표하고 있다.

More from Thursday 13 August →