• 2026.03.06 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

After 22 Years and Trillions in Losses, Korea Completes Longest-Delayed Power Grid

KO YONG-CHUL Reporter / Updated : 2025-04-05 17:55:46
  • -
  • +
  • Print

South Korea has finally inaugurated the Bukdangjin–Shintangjeong high-voltage transmission line, a critical infrastructure project linking the coal-fired power plant in Taean, South Chungcheong Province, to the vital semiconductor and display manufacturing hubs in the Seoul metropolitan area. The completion of the 44.6-kilometer network, which officially commenced operations on April 2nd, marks the end of a 22-year saga plagued by protracted delays and significant financial burdens.

The Ministry of Trade, Industry and Energy (MOTIE) confirmed the operational launch of the transmission line, which is designed to efficiently deliver electricity generated from the Taean plant to meet the burgeoning power demands of key industries concentrated around the capital. However, the project's journey from its initial conception in the 2003 "Basic Plan for Long-term Electricity Supply and Demand" to its eventual realization was fraught with obstacles, primarily stemming from intense local opposition and intricate regulatory hurdles.

Construction of the high-voltage transmission and distribution network encountered a staggering 13-year delay. Local residents and environmental advocacy groups vociferously opposed the project, raising substantial concerns regarding potential damage to valuable farmland and the disruption of critical habitats for migratory bird populations in the region. The protracted process of site selection alone took an arduous 11 years to finalize. Even after securing the necessary land, the project faced repeated stoppages as local administrative bodies, notably Dangjin City, hesitated to issue essential permits due to persistent public resistance. Consequently, the initial completion target of 2012 was postponed on six separate occasions, earning the unenviable distinction of being the nation's most delayed transmission initiative.

The extensive delays have inflicted a heavy financial toll on the state-run Korea Electric Power Corporation (KEPCO). Deprived of access to the more cost-effective power generated in Taean, KEPCO was compelled to procure electricity from significantly more expensive liquefied natural gas (LNG) power plants to meet national energy demands. According to KEPCO's internal estimates, these delays resulted in an estimated 1.17 trillion won ($683 million USD based on the approximate exchange rate at the time of the article) in additional electricity purchase expenditures between 2016 and 2023. The operationalization of the Bukdangjin–Shintangjeong line is now anticipated to yield annual savings of approximately 350 billion won in power procurement costs for the utility.

While the completion of this long-awaited artery of the national power grid offers a measure of relief, challenges persist in South Korea's broader efforts to expand its electricity transmission infrastructure. Several other crucial projects, including the Donghae–Shingapyeong High-Voltage Direct Current (HVDC) line and the 345kV Dangjin–Shinsongsan line, are also facing substantial delays, underscoring the ongoing difficulties in securing land rights and navigating local opposition for essential energy infrastructure development. The completion of the Bukdangjin–Shintangjeong line serves as a stark reminder of the complexities and costs associated with large-scale infrastructure projects in a densely populated and environmentally conscious nation.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published

  • Commissioner of Overseas Koreans Agency Visits Koryo-in Community in Incheon to Discuss Support for Settlement

  • Two Falls and a Miracle Run: Choi Ga-on Becomes First Korean to Win Winter Olympic Gold on Snow

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065603216785449 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • The Illusion of a "Stress-Relieving" Smoke: Study Finds Smokers More Prone to Depression
  • From Table to Space: Japan Unveils Edible Spoons Made of Cookies
  • Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition
  • U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports
  • Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds
  • Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers