GS Engineering & Construction Initiates Eco-Friendly Energy Business in Pohang
Key Ideas
- GS Engineering & Construction signed a business agreement with Pohang City Hall, HD Hyundai Infracore, and AMOGY to revitalize distributed energy in Pohang.
- The agreement involves creating a distributed energy-specialized area, conducting a power plant demonstration project with clean ammonia as fuel, and developing a clean hydrogen compound-based hydrogen engine generator.
- The project aims to provide cost-effective and space-efficient carbon-free electricity to meet carbon reduction regulations and the National Greenhouse Gas Reduction Target.
- GS E&C plans to expand its clean energy business as a 'carbon-free power solution provider' following the successful operation of the demonstration project in 2027.
GS Engineering & Construction is set to launch an innovative eco-friendly energy initiative in Pohang, in collaboration with key partners. A recent business agreement signed with Pohang City Hall, HD Hyundai Infracore, and AMOGY aims to revitalize distributed energy in the region. This strategic partnership includes establishing a specialized energy area within Pohang's industrial complex, implementing a power plant trial using clean ammonia for carbon-free electricity generation, and developing a clean hydrogen compound-based hydrogen engine generator.
The project involves cutting-edge technology to convert ammonia into hydrogen for efficient power generation. By combining the expertise of AMOGY and HD Hyundai Infracore, GS E&C plans to install a compact power generation module in Pohang, showcasing an advanced method that is both cost-effective and space-efficient compared to traditional hydrogen generation techniques.
This initiative aligns with GS E&C's commitment to meeting carbon reduction regulations and the National Greenhouse Gas Reduction Target. With a focus on providing pollution-free electricity, the project anticipates a surge in demand for carbon-free energy in various sectors, including data centers, manufacturing plants, and zero-energy buildings.
The company foresees significant growth opportunities in the clean energy sector, positioning itself as a leading 'carbon-free power solution provider.' By successfully executing the demonstration project in 2027, GS E&C aims to solidify its presence in the market and drive sustainable energy solutions for a greener future.
Topics
Projects
Future Projects
Green Technology
Clean Technology
Carbon Reduction
Carbon Neutral
Energy Generation
Business Agreement
Eco-Friendly Energy
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