Korea District Heating Corp. (071320)

Overview

Korea District Heating Corp., established in 1985 and based in Seongnam-si, South Korea, is a prominent provider in the district cooling and heating sector. The corporation has diversified its operations beyond its core heating and cooling services into electricity and community energy system businesses. Through its operation of combined heat and power plants, the company has established itself as a key player in South Korea's energy sector. Notably, Korea District Heating Corp. is also pioneering the shift towards new and renewable energy sources, contributing to both national and global environmental sustainability efforts. Furthermore, it actively participates in public development assistance projects and offers loan programs in various developing countries, underscoring its commitment to supporting energy solutions worldwide.

Products and Services

• District Cooling and Heating

  As the cornerstone of its operations, Korea District Heating Corp. delivers reliable and efficient cooling and heating solutions designed to serve entire districts or communities in South Korea, leveraging centralized systems for enhanced energy efficiency.

• Community Energy System

  This service focuses on delivering sustainable energy management solutions tailored to the specific needs of communities. By integrating various energy sources, the company ensures that communities benefit from a reliable and efficient energy supply.

• Electricity Business

  Expanding its expertise in energy, Korea District Heating Corp. also participates in the generation and supply of electricity, contributing to the national grid’s stability and capacity.

• Combined Heat and Power Plants

  Through its combined heat and power (CHP) plants, the company generates both electricity and useful heat simultaneously, achieving higher energy efficiency compared to conventional methods of power generation and heating.

• New and Renewable Energy

  Korea District Heating Corp. is committed to environmental sustainability by investing in a variety of new and renewable energy sources, including:

  • Photovoltaic (Solar Power): Harnessing solar energy to generate electricity, reducing reliance on fossil fuels.
  • Wind Power: Utilizing wind turbines to produce electricity, tapping into the country's wind resources.
  • Waste Energy: Converting waste materials into useful energy, thus addressing waste disposal and energy generation challenges simultaneously.
  • Woodchip Energy: Producing energy from woodchips, a renewable resource, to support sustainable forest management practices.
  • Hydrogen Energy and Fuel Cell: Focusing on cutting-edge hydrogen and fuel cell technologies for clean energy production.
• Public Development Assistance Projects

  The corporation extends its expertise in energy solutions to developing countries through public development assistance projects, aiming to foster sustainable development and alleviate energy poverty.

• Loan Program Projects

  In partnership with various stakeholders, Korea District Heating Corp. facilitates loan programs designed to support energy infrastructure development in emerging economies, promoting access to reliable and affordable energy.