NewEnergyNews: S. KOREA GOES SOLAR AND TIDAL/

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    Saturday, May 12, 2007

    S. KOREA GOES SOLAR AND TIDAL

    Though the story’s headline doesn’t say so, the tidal power facility is a bigger deal and more exciting to read about than the solar facility.

    Work to begin on world’s biggest solar power plant; South Korea seeks cleaner energy
    Choe Sang-Hun, May 10, 2007 (International Herald Tribune via Boston Globe)

    WHO
    South Korea

    WHAT
    Aiming to build up clean energy generation, South Korea announced a giant solar installation and a giant tidal energy installation.

    WHEN
    - The solar plant groundbreaking is May 10 and is scheduled to be completed in late 2008.
    - The tidal energy plant was announced May 3 and is scheduled to be completed by 2014.

    WHERE
    - The solar plant is being built in Shinan, near the southwestern tip of South Korea.
    - The tidal energy plant will be built in Inch, west of Seoul.

    WHY
    - South Korea intends to generate 10% of its energy from renewable sources by 2020; Presently it is at 2.28%.
    - The solar plant, largest in the world, is $170 million, 20 megawatts capacity, 27,000 megawatt-hours/year= 6,000-7,000 homes, saves 20,000 tons of CO2=23,000 cars, 80 football fields, 109,000 panels.
    - The tidal energy plant, largest in the world, will connect 4 islands w/4.8-mile (7.8-kilometer) barrier, dozens of turbines, $1.9 billion, 812 megawatt capacity,
    tidal energy turbine
    QUOTES
    - Lee Gil Jae, president, plant operator Dongyang Engineering & Construction: “Electricity from a solar power plant costs seven times as much as electricity generated by nuclear or fossil-fuel power plants in South Korea.”

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