MKE – Carbon Capture Storage – South Korea - Project Profile

MKE – Carbon Capture Storage – South Korea - Project Profile

  • August 2017 •
  • 6 pages •
  • Report ID: 4836214
Synopsis
"MKE – Carbon Capture Storage – South Korea - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MKE – Carbon Capture Storage – South Korea - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
The Ministry of Knowledge Economy (MKE) of South Korea is planning to undertake the Carbon Capture Storage project in South Korea.

The project involves the construction of a 300MW out of 400MW circulating fluidized bed combustion (CFBC) or 500MW pulverized fuel coal power plant. The plants will produce approximately 1.2MTPA of carbon dioxide (CO2) and it is captured using Pre-combustion Oxyfuel method.

The captured CO2 emission by the power plants will be transported by a combination of pipeline and ship, for storage in offshore saline reservoirs.

Korean Electric Power Corporation was appointed as associated developer on the project.

The pre-feasibility studies commenced in 2009.

Scope
The project involves the construction of a 1.2MTPA capacity carbon dioxide storage and a power plant facility in South Korea.

The US$1,000 million project includes the following:

1. Construction of 300-500MW power plant
2. Installation of CO2 capture processing unit
3. Installation of offshore storage systems
4. Laying of transport pipelines
5. Construction of related facilities

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=SouthKorea Industry=EnvironmentalServices ParentIndustry=HeavyIndustry Date=201708 Publisher=Timetric Price=1000