[Asia Economy Reporter Kim Bo-kyung] The government and the private sector are joining forces to secure competitiveness in the global LNG power generation market.


On the 13th, the Ministry of Trade, Industry and Energy held the launch ceremony of the "Korean Standard Gas Combined Cycle Development Commercialization Task Force" at the Korea Technology Center conference room in Gangnam-gu, Seoul. The task force includes the Ministry of Trade, Industry and Energy, Doosan Heavy Industries & Construction, Sungil Turbine, and other medium and small parts companies, the five power generation companies, and the Korea Institute of Energy Technology Evaluation and Planning, representing industry-academia-research collaboration.


Going forward, the task force will actively cooperate to develop and commercialize a Korean standard LNG combined cycle power generation model, focusing on design standardization, development of main equipment and core components, and the establishment of a demonstration testbed.


As the global transition to eco-friendly energy accelerates, including the reduction of coal power generation, the size of the global LNG power generation market, including Korea, is expected to continue expanding.


However, the current gas turbine market for power generation is led by the United States, Germany, and Japan. The Ministry emphasized that it is a critical time to make efforts to drastically enhance the competitiveness of the domestic industry to secure the future market.


On this day, Doosan Heavy Industries & Construction announced that it has completed the development of an H-class gas turbine model (270MW, combined efficiency 60%) through a joint R&D national project involving industry, academia, and research institutes. Based on this, it plans to build a supply chain with about 200 small and medium-sized partner companies and promote joint technology development and workforce training.


It also announced plans to start a demonstration project for the Gimpo combined heat and power gas turbine jointly with Korea Western Power starting January 2023.


Joo Young-jun, Director of the Energy Resources Office, said, "The localization of domestic gas turbine technology is a very important task not only economically, such as building a regional industrial ecosystem, strengthening the competitiveness of parts and materials, and creating jobs, but also from the perspective of energy security."



He added, "The government plans to prepare a 'Plan to Strengthen the Global Competitiveness of the Gas Turbine Industry' centered on the task force in the first half of this year and to reflect additional demonstration testbed establishment plans in the 9th Basic Plan for Electricity Supply and Demand after consultation with the five power generation companies."


This content was produced with the assistance of AI translation services.

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