SK Energy’s Gas CHP System to Cut Emissions and Boost Efficiency at Ulsan Complex
10. October 2024SK Energy Co., a subsidiary of SK Innovation Co., has introduced a new gas combined heat power (CHP) system at its Ulsan Complex (Ulsan CLX) in South Korea, aiming to lower its carbon footprint. The system, designed with proprietary technology in 2019, replaces a discontinued power boiler and is expected to reduce annual carbon dioxide emissions by 48,000 tons. Additionally, the company estimates energy cost savings of 19.1 billion won ($1.4 million) each year through the operation of the CHP. Power boilers used for the operation of refineries and chemical plants generally require KGS certification in order to be approved for import and sale in Korea.
The gas CHP system optimizes energy efficiency by capturing heat from gas engine exhaust to run the power boiler, decreasing reliance on liquefied natural gas (LNG) as a fuel. The revived boiler, known as B101, was first installed in 1971 and decommissioned due to inefficiency. Now operational with CHP technology, the system generates 75.6 gigawatt hours (GWh) of electricity annually, securing stable power for Ulsan CLX. This development is part of SK Group’s broader investment strategy to transform Ulsan into an eco-friendly, smart industrial hub with a budget of 8 trillion won ($5.8 billion).
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