The Hyundai Waste Energy Recovery Co-generation Project Phase II is a 400MW cogeneration plant at Dangjin Hyundai Steel Mill, which is developed by Hyundai Green power CO., Ltd. The project utilizes surplus waste gases including BFG(Blast Furnace Gas), COG(Coke Oven Gas) and LDG(Converter Gas) produced by Dangjin Hyundai Steel Mill, to generate electricity. The waste gases created by Dangjin Hyundai Steel Mill are reused by the steel mill and the rest are consumed by the proposed project. Through this project, approximately 2,306,076MWh electricity will be sent to power grid, and steam will also be produced and sent to Hyundai steel mill. Without the proposed project the rest of waste gases are emitted to atmosphere after incineration, the electricity generated by the proposed project will be supplied by grid.