HD Hyundai E&F opens LNG cogeneration plant in Seosan
A new power plant is beginning to reshape how energy reaches Korea’s sprawling Daesan petrochemical complex, with HD Hyundai E&F starting commercial operations at an LNG cogeneration facility built to supply both electricity and heat. HD Hyundai E&F, a group-energy subsidiary of HD Hyundai Oilbank, held a completion ceremony Monday at its plant in Seosan, South Chungcheong Province, the company…
HD Hyundai E&F, a subsidiary of HD Hyundai Oilbank, has launched commercial operations at a new LNG cogeneration plant in Seosan, South Chungcheong Province. The project, which cost approximately 435 billion won ($303 million), began construction in March 2024 following the establishment of HD Hyundai E&F in 2021. The facility underwent testing before commencing operations in late July.
Capable of generating 290 megawatts of electricity and 321 tons of heat per hour, the plant utilizes a high-efficiency combined-cycle system that is fueled by liquefied natural gas. The electricity and heat produced at the facility will be distributed to various companies operating in Daesan’s sprawling petrochemical complex, including H&L Advanced.
The company highlighted that this arrangement will provide a stable and competitively priced energy supply to the complex. HD Hyundai Oilbank's president, Song Myung-jun, expressed support for the development.
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- HD Hyundai E&F opens LNG cogeneration plant in Seosan koreatimes.co.kr