Developed the world’s first cold-heat power generation system for ships 

- Successfully demonstrated LNG cold-heat power generation – regasification system … Korea Gas Corporation (KOGAS) and classification societies observed

- Enhanced competitiveness in winning orders for floating storage regasification units (FSRUs) through a “zero-carbon” new eco-friendly technology

Samsung Heavy Industries(SHI) announced that it succeeded in demonstrating the world’s first “S-REGAS Cold Power Generation and Regasification (CGR),” a next-generation regasification system that is linked to an LNG cold-heat power generation system. Main participants from KOGAS and classification societies attended the demonstration completion report session held at Geoje Shipyard and showed great interest in the new LNG technology of the company.

S-REGAS (CGR) is a new eco-friendly technology that innovatively reduces power generation costs because a zero-carbon, cold-heat power generation technology is applied to the LNG regasification system that is the core technology of LNG-FSRU. LNG is transported in a liquid state at a temperature below -162°C. To use it as fuel, it goes through a regasification process in which temperature is applied to evaporate and transform it into a gaseous state. Cold-heat power generation is an eco-friendly technology that produces electricity by recovering the heat energy that is released into the seawater during the regasification process and results in zero generation of CO2. S-REGAS (CGR) generates 16 MW of electricity on its own, which is more than 90% of the power required for LNG regasification. It also reduces CO2 emissions by more than 60,000 t yearly.

Mr. Dong Yeon Lee, head of the Central Research Institute of SHI said, “The shipbuilding and shipping industries are also strongly urged to expand the use of renewable energy for carbon neutrality.” He also emphasized that “In particular, this demonstration will act as an important occasion to inform the FSRU market that S-REGAS (CGR) is the safest and most reasonable eco-friendly solution.”