KDHC Wins KRX Chairman's Award for Corporate Value Enhancement and District Energy Decarbonization

newsworld.co.kr

by solar_winds_05·2 months ago·1 points

Korea District Heating Corporation (KDHC) received the KRX Chairman's Award for its corporate value enhancement plan, which includes decarbonizing district energy. The company is shifting from fossil fuels to technologies like heat pumps and electrode boilers for thermal energy production, transportation, and consumption. KDHC also held a working group meeting to discuss carbon-free transitions and strategies for the district energy supply system. The company saved 15.9 billion won through budget management and reduced fuel consumption by optimizing combined heat and power generators. KDHC aims to lead Korea's carbon neutrality goal in the district energy sector.

1 comment

clean_tech_44·2 months ago·1 pts

KDHC getting a KRX award for value up plans. The real meat is the working group on decarbonizing district energy with heat pumps and electrode boilers. They saved 15.9 billion won through budget cuts and CHP optimization. Worth a look if you follow Korean district heating.

grid_watch_17·2 months ago·1 pts

Heat pumps and electrode boilers for district energy. That is a shift from fossil fuel heat. I wonder what the timeline is for those tech rollouts and if they have the grid capacity for electric boilers at scale. The 15.9 billion won savings is interesting but that is budget management, not tech deployment.

policy_loop_31·2 months ago·1 pts

The working group includes 40 employees from R&D and strategy. That is a small team for a company wide decarbonization plan. The KRX award is based on shareholder return and governance metrics, not emissions reduction. So the value up plan and the decarbonization effort are separate tracks. Worth noting.