Key business areas
Electric Power, District Heating and Cooling Business, etc
GS Power was established in 2000, acquiring the combined heat and power plants (CHP) of KEPCO and the district heating & cooling facilities of KDHC. Since its establishment, GS Power has continuously strived for efficient operation of the CHPs and stable management of the district heating & cooling system. GS Power main business areas are as follows.
Electric Power Business
GS Power sells electricity produced at its CHPs (Anyang 500MW, Bucheon 450MW) to the grid, providing a stable source of power supply to the metropolitan area. GS Power is now working on the Anyang CHP modernization project to transform the aged CHP into a large scale CHP (935MW) with increased efficiency. By 2021, Anyang CHP will be one of the world’s most efficient and environmentally friendly power plants.
District Heating and Cooling Business
GS District heating & cooling is an advanced system that supplies heating and cooling to nearby areas using heat produced at centralized large-scale facilities instead of having each house or building run individual facilities intermittently. In addition to the heat generated by the cogeneration process, GS Power utilizes waste heat from incinerators, factories, and other thermal power plants to offer environment conscious and stable district heat & cooling services to 320,000 households in the surrounding area.
Based on its accumulated experience and the latest technologies GS Power is an industry leader that provides optimal energy efficiency solutions for buildings and industrial facilities through the application of unused energy utilization technologies GS Power also imports high efficiency absorption type chiller (ATC)s and heat pumps of BROAD AIR CONDITIONING and provides them to power plants, industrial plants and buildings.
Energy Efficiency Business
Renewable Energy Business
GS Power is working towards increasing its renewable energy portfolio to prepare for climate change, respond to government's policies, and diversify from its current business portfolio. GS Power is investing in new and renewable energy generation projects such as solar power, small hydro power, wind power, biomass, fuel cell and ESS.