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Decarbonization project

Yeongdeok-Yeongyang Wind Power PPA

This project is announced in South Korea. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
South Korea
Sector
Renewable power
Announced
31 May 2024
Expected start
2026

About this project

The description is as the source gives it.

LG Chem signed a 20-year third-party PPA and REC contract for up to 615 GWh annually of wind power from the repowered Yeongdeok and Yeongyang wind farms starting in 2026. The renewable electricity will supply LG Chem's domestic sites including the Cheongju cathode materials plant, supporting Scope 2 emission reductions toward 100% renewable energy at key facilities. Evidence: "LG화학은 ST인터내셔널, 신한자산운용과 영덕·영양 리파워링 풍력발전단지(241MW) 발전설비의 재생에너지를 20년간 장기 구매하는 계약을 체결한다고 31일 밝혔다." — https://www.lgchem.com/company/information-center/press-release/news-detail-9479?lang=ko_KR

Statuses, countries and reductions are as the public source states them, and may be out of date.

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