Doosan Enerbility Teams Up with Partners to Target US Gas Turbine Service Market
Global 7F Gas Turbine Service Market Worth 1 Trillion KRW Annually
Laying the Foundation for Overseas Expansion Since 2018
Doosan Enerbility is forming 'Team Korea' together with Korea Southern Power and domestic partners to make a full-scale entry into the U.S. gas turbine service market.
Doosan Enerbility announced on the 21st that it signed a business agreement for the 'Gas Turbine Export Community Team Korea' at its headquarters in Changwon. The agreement ceremony, hosted by Korea Southern Power, was attended by Kim Jundong, President of Korea Southern Power, Im Kyunggyu, Head of Power Generation Department, and representatives from nine domestic gas turbine partner companies including Geosang Jeonggong, Daeyoung Metal, Daejin Metal Industry, Daechang Solution, Daehan Heavy Industry, Seorim Sanki, Seojin Mechanics, Iljin Machinery, and DHMI. From Doosan Enerbility, Vice Chairman Jung Yeonin and Power Service BG Head Son Seungwoo were present.
At the 'Gas Turbine Export Community Team Korea' business agreement ceremony held on the 21st at Doosan Enerbility's Changwon headquarters, Kim Jundong, President of Korea South Power (3rd from the left in the front row), and Jeong Yeonin, Vice Chairman of Doosan Enerbility (4th from the left in the front row), are taking a commemorative photo with representatives of domestic partner companies. (Photo by Doosan Enerbility)
View original imageThis agreement was established to actively promote the global gas turbine service market entry of 'Gas Turbine Team Korea.' According to the agreement, participating companies will cooperate in technology development and fostering the industrial ecosystem, and in particular, Korea Southern Power and Doosan Enerbility plan to engage in joint marketing for full-scale entry into the U.S. market.
The primary target is the 7F (150MW class) gas turbine service market supplied by overseas manufacturers within the U.S. More than 940 units of the 7F gas turbine have been supplied worldwide, with over 660 units operating in the U.S. The global 7F gas turbine service market is expected to be worth about 1 trillion KRW annually. Doosan Enerbility has a specialized gas turbine service subsidiary, DTS (Doosan Turbomachinery Services), located in Houston, USA.
Vice Chairman Jung Yeonin of Doosan Enerbility said, "Gas Turbine Team Korea has steadily accumulated experience domestically based on cooperation with Korea Southern Power. We will actively utilize the proven competitiveness in Korea and the network of our local subsidiary to create success cases in the U.S. gas turbine service market."
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Gas Turbine Team Korea has laid the foundation for overseas market entry by nurturing the domestic ecosystem early on. Starting with the design improvement of 7F gas turbine high-temperature parts performance in 2018, in 2022, a business agreement was signed to apply domestically developed and manufactured 7F gas turbine high-temperature parts to domestic power plants. Last year, Doosan Enerbility and domestic partners achieved results by participating in the 7F gas turbine rotor life extension and casing replacement projects at power plants operated by Korea Southern Power.
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