Potential offtaker

Incheon International Airport

www.airport.kr

Estimated electricity consumption

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Countries of production presence

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Incheon International Airport is the largest airport in South Korea and one of the busiest airports in the world. It is located in the city of Incheon, approximately 30 kilometers west of Seoul. The airport is owned and operated by the Incheon International Airport Corporation (IIAC), a government-owned corporation that was established in 1992 to manage the construction and operation of the airport.

Incheon International Airport is a major hub for international air travel and serves as a gateway to Asia for many travelers. The airport has won numerous awards for its facilities and services, including being named the World's Best Airport by Skytrax for five consecutive years from 2012 to 2016.

As a major player in the aviation industry, Incheon International Airport is committed to reducing its environmental impact and promoting sustainability. One of the key ways the airport is working towards this goal is through decarbonisation. Decarbonisation refers to the process of reducing or eliminating the carbon emissions associated with a particular activity or industry.

Incheon International Airport has set a target to achieve carbon neutrality by 2040. To achieve this goal, the airport is implementing a range of measures to reduce its carbon footprint, including the use of renewable energy, energy efficiency improvements, and the adoption of low-emission technologies.

One of the key ways the airport is reducing its carbon footprint is through the use of renewable energy. Incheon International Airport has installed a number of solar panels on the roofs of its buildings, which generate electricity from the sun's energy. The airport also has a number of wind turbines installed on its grounds, which generate electricity from the wind.

In addition to generating its own renewable energy, Incheon International Airport is also exploring the use of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a corporation and a renewable energy provider, in which the corporation agrees to purchase a certain amount of renewable energy from the provider over a set period of time.

By entering into a corporate PPA, Incheon International Airport can ensure a stable supply of renewable energy, while also supporting the growth of the renewable energy industry. The airport has already signed a number of PPAs with renewable energy providers, and is looking to expand its use of this model in the future.

Another key area of focus for Incheon International Airport is corporate energy management. Corporate energy management refers to the process of managing a company's energy use in order to reduce costs and improve efficiency. Incheon International Airport has implemented a range of energy efficiency measures, such as upgrading its lighting systems and HVAC systems, to reduce its energy consumption and costs.

The airport has also implemented a number of energy management systems, such as real-time energy monitoring and control systems, to help identify areas where energy use can be further reduced. By implementing these measures, Incheon International Airport is not only reducing its environmental impact, but also saving money on its energy bills.

In addition to its efforts to reduce its carbon footprint and improve energy efficiency, Incheon International Airport is also committed to promoting sustainability in other areas. For example, the airport has implemented a range of waste reduction and recycling initiatives, such as composting food waste and recycling paper and plastic.

Overall, Incheon International Airport is a leader in the aviation industry when it comes to sustainability and environmental responsibility. Through its commitment to decarbonisation, renewable energy, corporate energy management, and other sustainability initiatives, the airport is setting an example for others to follow. As the world continues to grapple with the challenges of climate change, Incheon International Airport is demonstrating that it is possible to operate a successful business while also protecting the planet.