Seoul, South Korea – SK Gas, a leading energy company, and Korea Western Power have announced a groundbreaking partnership to utilize seawater from gas turbine power generation for heat supply. The agreement, signed on December 27th, marks a significant step towards achieving the government's carbon neutrality goals and ensuring a smooth energy transition.
The collaboration focuses on two primary areas: the development of a heat supply business using seawater from power plants and the advancement of SK Gas's latest gas turbine technology, capable of dual-fuel operation with both liquefied natural gas (LNG) and liquefied petroleum gas (LPG).
By harnessing the low-temperature seawater generated during gas turbine power generation, the companies aim to replace fossil fuels used in heating processes. This innovative approach will significantly reduce carbon emissions and operating costs. Additionally, both companies will conduct a technical review to apply dual-fuel mode to SK Gas's Ulsan GPS gas turbine.
SK Gas, which recently commenced commercial operations of the world's first LNG-LPG combined cycle power plant in Ulsan, is expanding its business beyond its core LPG import and supply operations to include LNG, power generation, and hydrogen.
"This partnership holds great significance as it demonstrates the collaboration between a private company and a public enterprise to pursue environmentally friendly business models for a sustainable future," said Yoon Byung-seok, CEO of SK Gas. "We will work closely with Korea Western Power to successfully implement this technological collaboration and ultimately open up a new era for energy."
Lee Jung-bok, President of Korea Western Power, emphasized, "Utilizing seawater from power plants for energy is a crucial first step in maximizing the value of resources and expanding the carbon-neutral ecosystem. We will continue to create sustainable power generation models through technological innovation and cooperation."
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