Bukpyung power station

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Bukpyung (Buk-Pyeong) power station (북평화력) is a 1190-megawatt (MW) coal-fired power station in Donghae City, Gangwon Province, South Korea.

Location

The aerial photograph shows the Bukpyung National Industrial Complex in Donghae City, Gangwon Province, where the plant is under construction.

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Background on Plant

The project is a joint venture between STX Electric Power, a subsidiary of STX Energy (which is a subsidiary of STX Group), and Korea East-West Power. STX Energy, which owns 51 percent of the project, is in charge of building and managing the plant while Korea East·West Power will be in charge of operations and maintenance. The project is slated for completion in 2016.[1]

The project is one of the first coal plants in Korea to be built by an independent power, or merchant power, company.[2] STX Energy was acquired by GS E&R in 2014.[3]

Construction was stalled in 2016 due to financial difficulties facing construction contractor STX Heavy Industries, with commissioning postponed to 2017. At the time unit 1 was under test operation.[4][5]

Construction resumed in late 2016.[5] Unit 1 began commercial operation in March 2017.[6] Unit 2 was commissioned in August 2017.[7]

Timeline

  • December 2012: Ground-breaking ceremony at plant site[2]

Project Details

  • Sponsor: GS E&R (51%), Korea East-West Power (34%), Samtan (15%)
  • Location: Bukpyung National Industrial Complex, Donghae City, Gangwon Province
  • Coordinates: 37.4805456, 129.143343 (exact)
  • Status: Operating
  • Gross Capacity: 1,190 MW (Units 1-2: 595 MW)
  • Type: Supercritical
  • Start Year: 2017
  • Coal Type: anthracite
  • Coal Source:
  • Source of financing:

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References

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