# Hyundai Motor to build LNG power plant in Ulsan

Hyundai Motor plans to build a 184 MW LNG-fueled combined heat and power plant at its main factory in Ulsan, South Korea, to secure stable electricity supply and reduce carbon emissions. The investment is expected to be in the trillion won range, with completion targeted by 2025.

- Type: New facility
- Announced: 2022-05-09
- Where: Ulsan, South Korea
- Value: $800.0M (1000.0B KRW)
- Starts operating: 2025
- Status: announced
- Capacity: 184 MW
- Products: electricity, steam
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md)

## Sources

- [kedglobal.com](https://www.kedglobal.com/automobiles/newsView/ked202205090006), 2022-05-09: "Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.