Korea Midland Power and Korea Southern Power signed a deal to form a ‘purchasing alliance,’ which will allow the utilities to team up in tenders for bio-heavy oil. Both utilities are using bio-heavy oil for power generation in Jeju Island. They also agreed to a ‘swap’ scheme, which will allow them to share bio-heavy oil in emergency situations.
Korea Midland Power said bio-heavy oil can reduce PM emission by 84% compared to bunker B and C. Korea is currently leading the commercial use of bio-heavy oil.
Source: Korea Midland Power
