The Steel Waste Energy Recovery Co-Generation Project is the first ever Verified Carbon Standard project in South Korea and consists of a 400 megawatt co-generation plant at Hyundai Steel. This project utilizes surplus waste gases to generate 2,741,035MWh of electricity and 1,285,000 tons of steam, all of which is utilized by both the plant and the local electric grid. Without the project, waste gasses would be emitted into the atmosphere after incineration.
Estimated Annual Reduction:
1,774,699 mt CO2e/year
Supported UN Sustainable Development Goals:
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Maxol is committed to providing environmentally friendly fuels across its entire network. In order to meet our environmental obligations, we use a variety of suppliers to source our petrol, diesel and their biofuel content. Now that commitment has expanded with the launch of our new 100% offset Premium fuel.