Building the Largest Energy Storage System (ESS) at Gyeongnam Miryang Nano Convergence National Industrial Complex... Hydrogen Fuel Cell Power Plant Also to Be Established

Gyeongnam Province, Miryang City, LH, KEPCO, and East-West Power Promote 'Smart Green Energy' Project

Gyeongsangnam-do, Miryang-si, LH Korea Land and Housing Corporation, Korea Electric Power Corporation, and Korea East-West Power Co., Ltd. signed a business agreement to promote Smart Green within the Miryang Nano Convergence National Industrial Complex.
[Image source=Gyeongsangnam-do]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gyeongsangnam-do has embarked on a project to establish a smart green energy complex including an Energy Storage System (ESS) and a hydrogen fuel cell power plant in the Miryang National Industrial Complex.

On the 2nd, Gyeongnam Province announced that it signed a business agreement with four organizations?Miryang City, LH Korea Land and Housing Corporation, Korea Electric Power Corporation (KEPCO), and Korea East-West Power Co., Ltd.?to build a substation, materials center, grid stabilization energy storage system, and hydrogen fuel cell power plant on the site of the Miryang Nano Convergence Industrial Complex.

Under this agreement, KEPCO will purchase 85,929㎡ of the industrial complex site and invest 359 billion KRW to construct the energy storage facility, substation, and materials center, while East-West Power will invest 107.4 billion KRW to build a 15 MW-class hydrogen fuel cell power plant on a 16,500㎡ site.

Gyeongnam Province and Miryang City will provide administrative support to ensure smooth project implementation. LH, as the project executor, will handle necessary procedures such as land use plan changes under the Industrial Location Act.

As a result of this agreement, the sales rate of industrial facility land (946,774㎡) in the first phase of the Miryang Nano Convergence Industrial Complex project has reached 18%.

The energy storage facility for grid stabilization to be constructed by KEPCO is based on the government’s "9th Basic Plan for Electricity Supply and Demand," and is the largest in South Korea, capable of storing 336 MW of electricity on a 51,047㎡ site.

Furthermore, if solar power generation projects utilizing factory building roofs within the industrial complex, geothermal, wind power, energy storage facilities, and green hydrogen production bases are integrated with hydrogen charging stations, it is expected to become a new economic model enabling the production and sale of clean energy with zero greenhouse gas emissions.

If the smart green transformation of the convergence industrial complex succeeds, it will serve as a catalyst for the nationwide distribution and expansion of hydrogen charging stations within industrial complexes, greatly contributing to the activation of the hydrogen economy.

Acting Governor Ha Byung-pil stated, “We will support the Miryang Nano Convergence Industrial Complex to become a leading model of an energy-saving eco-friendly industrial complex and help create good jobs and youth employment through win-win cooperation with the local community.”

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