South Korea: GE’s Grid Solutions business has been awarded by KAPES a contract in excess of $100 M to complete Korea Electric Power Corp.’s second and final phase of the Buk Dangjin-Godeok high-voltage direct current transmission link.
The final phase will add an additional 1.5 GW of transmission capacity to the existing 33 km link, supplying electricity from the Dangjin power plant to Godeok.
In 2020, GE and KAPES, a KEPCO-GE joint venture, will complete the first 1.5 GW phase of the bi-pole HVDC link that runs across the Ansanman Bay from Dangjin to Godeok. With GE’s HVDC technology, KEPCO, Korea’s largest utility, was able to avoid the construction of a 100 km overhead line that an alternating current scheme would have required. Moreover, this solution provides additional supply into this high-growth region.
The KAPES joint venture between GE and KEPCO is a long-term strategic relationship to co-develop HVDC projects and increase Korean transmission grid capabilities based on GE technology. To date, GE and KAPES have been awarded six grid-critical HVDC projects in Korea, starting in 1994 when GE provided the original 300 MW HVDC bi-pole link for the 101 km, point-to-point submarine electric interconnector linking South Korea’s Jeju Island with the mainland.