In the first phase, it will build 20MW Noeul Fuel Cell Power Plant in the World Cup Park.
The Seoul City authority signed an MOU with KHNP, KDHC, POSCO Energy and SCG for the project.
Fuel cell-based power facility that can generate electric power and heat simultaneously will be built in the World Cup Park in Seoul. As it provides advantages of low noise and high spatial efficiency, the fuel cell is evaluated as a renewable energy, which is suitable for downtown area.
The Seoul City government concluded on September 12 an MOU with Korea Hydro & Nuclear Power (KHNP), Korea District Heating Corporation (KDHC), Seoul City Gas (SCG) and POSCO Energy for building the Noeul Fuel Cell Power Plant with capacity of 20MW.
This is the first phase project of the 120MW fuel cell-based power generation facilities to be built based on the MOU concluded between the Seoul City authority and KHNP in September 2012 for investing and developing renewable energy facilities. Private companies will invest in building the fuel cell-based power plant, and the City government will provide land for the facility and administrative support.
KHNP, KDHC, SCG and POSCO Energy will jointly establish a special purpose company (SPC) to build and operate the power plant, and KHNP will manage the overall business and purchase renewable energy certificates (RECs).
Also, KHNP will supply heat generated by the fuel cell-based power plant for district heating, and SCG will supply city gas. POSCO Energy will design, purchase and install fuel cells while providing long-term maintenance service (장기서비스).
The Noeul Fuel Cell Power Plant will be constructed between December 2013 and November 2014 to generate electric power that can be used by 43,000 households a year. And the plant will sell electric power through Korea Power Exchange. In addition, the plant will also provide heating service to some 9,000 households using heat generated in process of chemical reaction, while reducing emission of about 21,000 tons of carbon dioxide a year.
Empathizing that development and dissemination of renewable energies are important tasks for solving energy issues, the Seoul City government and partner companies agreed to join forces for raising power independence rate and expanding distributed energy supply facilities in the future, in addition to the Noeul Fuel Cell Power Plant project.
Particularly, the Seoul City authority intends to make use of idle space in the World Cup Park, which was built in the one-time waste landfill site, and enhance citizens’ understanding of eco-friendly energies by operating a field-trip program, linking the fuel cell-based power facilities with neighboring resource recovery facility and hydrogen station.
Director General Im Ok-gi of Climate and Environment Office at Seoul City government said, “This fuel cell-based power facility will not only improve power independence of Seoul but it will also position as an example of eco-friendly and distributed power supply facility in downtown area. The City authority will steadily increase fuel cell-based power generation facilities.”