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Environmental Policies Threaten POSCO’s 1-Trillion-Won Power Plant

Environmental Policies Threaten POSCO’s 1-Trillion-Won Power Plant

POHANG, South Korea, May 18 (Korea Bizwire) – POSCO’s 1-trillion-won ($887 million) thermal power plant in Pohang is likely to be scrapped amid growing concerns over fine dust and stringent environmental policies on the part of the current administration.  The world’s fourth-largest steelmaker has 13 generators of 20MW to 146MW-capacity at its Pohang steelworks, mainly [...]

New Technology Drastically Reduces Fine Dust Emissions from Thermal Power Plants

New Technology Drastically Reduces Fine Dust Emissions from Thermal Power Plants

SEOUL, May 17 (Korea Bizwire) – The Korea Institute of Machinery & Materials announced Tuesday that it has developed a technology to reduce fine dust emissions at thermal power stations by roughly 90 percent.  The institute recently installed catalytic denitrification equipment – typically employed at power plants to reduce pollutants by converting nitrogen oxide into [...]

KEPCO Witnesses Upsurge in 1H Sales for Overseas Power Generation Businesses

KEPCO Witnesses Upsurge in 1H Sales for Overseas Power Generation Businesses

The overseas operations of KEPCO has multiple advantages in that it can help the company reduce debt while bringing down the domestic electricity rates and creating high-paying jobs in overseas locations in which it does business. (image: Ramkumar/ Flickr) SEOUL, Aug. 12 (Korea Bizwire) — Korean Electric Power Corporation (KEPCO) announced that the net earnings for this [...]