Doosan Efficiency Chairman Wins Energy Grand Prize for Contributions to Domestic Energy Industry
Key Ideas
- Chairman Park Ji-won of Doosan Efficiency received the Energy Grand Prize for his contributions to localizing major equipment manufacturing for nuclear power plants and developing independent models for gas turbines and offshore wind power generators.
- Doosan Efficiency has invested over KRW 1 trillion in developing large-scale gas turbines for power generation, leading to success in the world market. They plan to focus on expanding business in gas turbines and developing a super-large hydrogen turbine by 2027.
- The Korea Resource Economics Association recognized Chairman Park's efforts to revitalize the domestic carbon-free energy industry. Doosan Efficiency has also localized the APR1400 cycle for nuclear power plants and is involved in exporting key equipment for small module nuclear power plants.
- Established in 1987, the association aims to research and disseminate economic theories related to natural resources, energy, and the environment. The Energy Industry Grand Prize has been awarded annually since 2003 to individuals contributing to the energy sector's development.
Chairman Park Ji-won of Doosan Efficiency was honored with the Energy Grand Prize at the '2024 Korea Resource Economics Association Academic Award' ceremony in Seoul. He was recognized for his efforts in localizing equipment manufacturing for nuclear power plants and developing models for gas turbines and offshore wind power generators. Doosan Efficiency's investments in gas turbine development have led to global success, with plans to focus on expanding their business and developing a hydrogen turbine by 2027. The association aims to revitalize the domestic carbon-free energy industry, and Doosan Efficiency's contributions extend to exporting key equipment for small module nuclear power plants. The Korea Resource Economics Association has been awarding the Energy Industry Grand Prize since 2003 to individuals making significant contributions to the energy sector's advancement.