The Hyundai Steel Waste Energy Recovery Co-generation Project is a 400MW cogeneration plant at Hyundai Steel, which is developed by Hyundai Green power CO., Ltd. The project utilizes surplus waste gasses including BFG(Blast Furnace Gas), COG(Coke Oven Gas) and LDG(Converter Gas) produced by Steel to generate electricity. The waste gasses created by Steel are reused by the steel mill, and the rest are consumed by the proposed project. Through this project, approximately 2,741,035MWh electricity will be sent to a power grid, and 1,285,000 ton steam will be produced and sent to Steel. Without the proposed project the rest of waste gasses are emitted to the atmosphere after incineration, the electricity generated by the proposed project will be supplied by the grid.