Posco Energy
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{{more citations needed|date=March 2012}}
{{COI|date=April 2012}}
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{{Infobox company
| name = POSCO Energy
| logo = POSCO logo.svg
| caption =
| type =
| traded_as =
| fate =
| predecessor =
| successor =
| foundation = {{Start date|1969}}
| founder =
| defunct =
| location_city = Seoul
| location_country = South Korea
| location =
| locations =
| area_served =
| key_people = Ko Seong-Sick
(Chief Executive Officer)
| industry = Electricity
| products = Electric power
LNG
fuel cells
| services =
| revenue = {{profit}} KRW 1,917,600,000,000 Won (2011)
| operating_income =
| net_income = {{profit}} KRW 46,100,000,000 Won (2011)
| assets =
| equity = KRW 233,300,000,000 Won (2011)
| owner =
| num_employees = 630
| parent = POSCO
| divisions =
| subsid =
| homepage ={{URL|https://eng.poscoenergy.com/_service/main.asp}}
| footnotes =
| intl =
}}
POSCO Energy is the largest private energy producer in South Korea.Won-sup Yoon and Sun-ah Kim. [http://news.mk.co.kr/newsRead.php?rss=Y&sc=30800006&year=2012&no=749449&sID=308 "POSCO Energy secures fuel cell technology"] MK News November 13, 2012. Retrieved on April 24, 2013.Lee, Hyo-sik. [https://www.koreatimes.co.kr/www/news/biz/2013/01/123_129546.html "POSCO eyes bright future beyond crisis"] Korea Times January 27, 2013. Retrieved on April 24, 2013. It is a member of the POSCO consortium, and was established in November 1969, in South Korea as the nation's first private electricity supplier. The main businesses are in coal-fired power generation,Ji-hyeong Kim and Ha'eun Bang. [http://news.mk.co.kr/english/newsRead.php?sc=30800004&cm=Company&year=2012&no=451006&selFlag=sc&relatedcode=&wonNo=451298&sID=308 "POSCO Energy acquires stakes in Indonesia's coal mine"] MK Business News July 20, 2012. Retrieved on April 24, 2013. fuel cells, liquid natural gas (LNG), and off-gas power.
With the completion of construction on the Incheon LNG combined cycle power plant in 2012, POSCO Energy will have 3,300 MW of power generation facilities.{{citation needed|date=April 2013}}
It is headquartered in Seoul, South Korea.
According to the group policy, it was merged into POSCO International as of January 1, 2023.{{Cite web |title=포스코에너지 합병 통합법인 포스코인터내셔널 출범 |url=http://se-cu.com/ndsoft/error.html |access-date=2025-03-16 |website=se-cu.com}}
History
{{Prose|section|date=March 2012}}
= 1969–1999 =
- 1969.03 Establishment of Kyung-In Energy Co., Ltd.(Joint venture of Hanwha Group & Union Oil U.S.)
- 1972.02 Launched commercial operation of the LNG combined Power plant.(Incheon, Total 325MW)
- 1983.12 Withdrawal of Union Oil's share from Kyung-In Energy Co., Ltd.
- 1999.12 Establishment of Hanwha Energy Co., Ltd. (Hived off from Hanwha Group's Energy Dept.){{citation needed|date=April 2013}}
= 2000–2006 =
- 2000.07 El Paso Natural Gas acquisition of a 50% share of the company
- 2000.10 Company name changed to Korea General Energy Co., Ltd
- 2002.01 Phased enlargement & launching LNG combined Power Plant (Incheon, total 1,800MW)
- 2005.07 Acquisition of POSCO Co.Ltd. and Korea Energy Investment Ltd.(Acquired 50% each of Hanwha and El Paso's shares)
- 2005.09 Company name changed to POSCO Power Corp.{{cite web
|url=http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=101&oid=004&aid=0000038824|title = 포스코, 한국종합에너지 지분 50% 인수 |publisher = 한국경제}}
= 2007–present =
- 2007.02 Initiated Fuel Cell business (transferred from POSCO Co., Ltd.){{cite web
|url=http://www.hankyung.com/news/app/newsview.php?aid=2007033052031|title = 포스코파워, 연료전지 사업 본격 착수 |date = 30 March 2007 |publisher = 한국경제}}
- 2008.09 Completion of Fuel Cell BOP manufacturing factory (Pohang, Yeonsan 100MW){{cite web
|url=http://www.imaeil.com/sub_news/sub_news_view.php?news_id=42781&yy=2008|title = 대구경북의 핵심 경쟁력 '태양광•연료전지' |date = 18 September 2008 |publisher = 매일신문}}
- 2008.12 Completion of LNG combined Power Plant unit 5&6 (Total 3,000MW){{cite web
|url=http://news.mk.co.kr/newsRead.php?year=2008&no=779569|title = 포스코, LNG복합발전소 착송 |date = 24 December 2008 |publisher = 매일경제}}
- 2009.03 Inauguration of CEO Sung-sik Cho
- 2009.06 Establishment of the Fuel Cell technology lab
- 2009.11 Announcement of the "New Vision" for 40th anniversary
- 2010.04 Completion of the Fuel Cell stack manufacturing factory (Pohang, Yeonsan 100MW){{cite web
|url=http://www.hankyung.com/news/app/newsview.php?aid=2010040784911|title = 포스코, 발전용 연료전지 생산공장 착공 |date = 7 April 2010 |publisher = 한국경제}}
- 2010.12 Signed to Nevada (U.S) solar power plant (Boulder City. 300MW){{cite web
|url=http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=101&oid=001&aid=0004818654|title = 포스코파워, 美에 세계 최대 태양광발전소 설립 |publisher = 경향신문}}
- 2010.12 Completion of Gwangyang Off-gas Power Plant (Total 300MW){{cite web
|url=http://news.khan.co.kr/kh_news/khan_art_view.html?artid=201012151506321&code=950312|title = 포스코파워, 광양 부생복합발전소 준공 |publisher = 경향신문}}
- 2011.02 Launch of Coal-fired Power Project in Vietnam (Mong Doung 2 project. 1200MW)
- 2011.03 Founding of the Women's Table Tennis Club {{cite web|url=http://sportsworldi.segye.com/Articles/Sports/Total/Article.asp?aid=20110223001760&subctg1=30&subctg2=00|archive-url=https://archive.today/20130202071005/http://sportsworldi.segye.com/Articles/Sports/Total/Article.asp?aid=20110223001760&subctg1=30&subctg2=00|url-status=dead|archive-date=2013-02-02|title=인천시,포스코파워여자탁구단|publisher=스포츠월드}}
- 2011.03 Completion of the Fuel Cell stack manufacturing factory
- 2012.01 1st Completion of Shinan solar photovoltaic power generation {{cite web
|url=http://www.etoday.co.kr/news/section/newsview.php?TM=news&SM=2307&idxno=536130
|title = 포스코파워, 신안 폐염전에 대규모 태양광발전소 준공 |date = 26 January 2012 |publisher = 이투데이}}
- 2012.02 Launch of saprophytism power plant in Pohang{{cite web
|url=http://news.mk.co.kr/newsRead.php?year=2012&no=71830|title = 포스코파워, 포항에 부생복합발전소 착공 |publisher = 매일경제}}
- 2012.02 Company name changed to POSCO Energy Corp.{{cite web
|url=http://news.mk.co.kr/newsRead.php?year=2012&no=98579|title = '포스코파워', '포스코 에너지'로 사명 변경 |publisher = 매일경제}}
- 2012.03 Inauguration of CEO Chang-Gwan Oh.
Operations
= Subsidiaries =
{{Prose|section|date=March 2012}}
- Pohang fuel cell Power Plant. Co, Ltd
- PSC Energy Global. Co, Ltd
- Sin-An Energy. Co, Ltd
- Posco E&E. Co, Ltd{{citation needed|date=April 2013}}
=Power plant=
- Incheon LNG Power
- Plant Unit 1 to 4
- Plant Unit 5, 6
- Gwangyang Off-gas power
- Pohang Off-gas power{{citation needed|date=April 2013}}
= LNG terminal =
=New projects=
- Green Project (solar power plant in Boulder City, Nevada, US / solar power plant in Sin-an City)
- Global IPP Project (Vietnam Mong Duong II coal-fired power plant project / Indonesia CSP off-gas power project)
References
{{reflist}}
External links
- [http://www.poscopower.co.kr/ Posco Energy]