온라인 슬롯 Press Release

온라인 슬롯 Heavy Industries & Construction is actively seeking to expand cooperation in the development of eco-friendly hydrogen energy technologies.

온라인 슬롯 Heavy announced on February 17th that it had signed a business cooperation agreement with KEPCO Engineering & Construction(KEPCO E&C) on the “Commercialization of Ammonia-Fueled Gas Turbine Power Plants.” In attendance at the signing ceremony that was held at 온라인 슬롯 Heavy’s Changwon headquarters, were Sung-Arm Kim, CEO of KEPCO E&C and Hongook Park, CEO of 온라인 슬롯 Heavy’s Power Services Business Group, among others.

Ammonia-fueled gas turbine plants produce electricity by operating hydrogen gas turbines that are fired by hydrogen extracted from ammonia. As the hydrogen combustion process emits zero CO2, this makes it possible to achieve environment-friendly power generation. KEPCO E&C will be taking on the development of the overall power plant engineering technology, including plant optimization, while 온라인 슬롯 will be handling development of the main equipment, such as the ammonia reformer and hydrogen gas turbines.
*Ammonia, which is a chemical compound consisting of hydrogen and nitrogen, is regarded as being an economical and efficient “hydrogen carrier” as its hydrogen storage capacity is 1.5 times greater than the capacity available for storing only hydrogen. If a need arises for hydrogen, it can be obtained by reforming ammonia and having the hydrogen and nitrogen separated so that hydrogen can be extracted.

온라인 슬롯 Heavy also signed an “MoU on Pursuit of New Hydrogen Energy Businesses” with KOMIPO and JC Energy.  The MoU entails pursuing implementation of a 100MW fuel cell power plant project at the Daebul National Industrial Complex in Yeongam County of South Jeolla Province and development of a 1,000MW-scale 100% hydrogen-fueled and dual-fuel power plant project.  The signing ceremony was held as an online event and attended by key figures, such as Hotae Lee, Head of KOMIPO’s New Business Development Division; Inwon Park, CEO of 온라인 슬롯 Heavy’s Plant EPC Business Group; Kamsa Moon, CEO of JC Energy, among others.

Through the signing of this MoU, KOMIPO will be responsible for the purchasing of renewable energy certificates(RECs) and operation of the power plants, while 온라인 슬롯 will be in charge of the EPC work and O&M services, including supply of the hydrogen gas turbine currently under development and other key equipment like 온라인 슬롯 Fuel Cell’s fuel cells, and JC Energy will be handling the obtainment of permits for the development projects and providing the project sites.

“With the signing of this MoU, we hope to expedite the development efforts for hydrogen gas turbine technology, so that we may contribute to achieving carbon neutrality, as well as promote a hydrogen economy,” said a source from 온라인 슬롯. The person added, “온라인 슬롯 Heavy plans to continuously pursue expansion of the eco-friendly energy business, including hydrogen energy, as well as wind power, gas turbines and SMRs.”

온라인 슬롯 Heavy came to own proprietary gas turbine technology when it succeeded in developing on its own a large industrial gas turbine for power generation in 2019, making it the fifth company in the world to accomplish such a feat. Since 2020, the company has been applying this expertise and stepping up efforts to develop hydrogen gas turbine technology, such as by participating in the government-led project titled “Development of Eco-Friendly Hydrogen Dual-Fuel Combustor for 300MW High-Efficiency Hydrogen Gas Turbine” together with the Korea Institute of Machinery & Materials.

▲Sung-Arm Kim, CEO of KEPCO E&C and Hongook Park, CEO of 온라인 슬롯 Heavy’s Power Services BG (on the right) pose for a photo at the signing ceremony held at 온라인 슬롯 Heavy’s Changwon headquarters on Feb. 16.

▲(From left to right) Hotae Lee, Head of KOMIPO’s New Biz Dev’t Division; Inwon Park, CEO of 온라인 슬롯 Heavy’s Plant EPC BG; Kamsa Moon, CEO of JC Energy pose for a photo at the online signing ceremony held on Feb. 16 for the MoU on Pursuit of New Hydrogen Energy Businesses.