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Yantai Longyuan Power Technology Co., Ltd (“LY Power” in short form), listed on GEM in Aug. 2010 on Shenzhen Securities Exchange with stock code 300105, is a state-owned high-tech enterprise under China Energy Investment Corporation which is the “top one” leading power generation group corporation in China. Established in 1998, after more than two decades of development on thermal power technology, LY Power has formed two major businesses: energy saving and environmental protection. It has a series of core technologies relating to oil saving boiler ignition, low NOx combustion and combustion optimization control. While in-depth research and development of boiler combustion control technology, LY Power has always been consistent on technology innovation and expanding to non-power fields, thermal power plant intelligent operation and control (software) field.
Headquartered in Yantai, Shandong Province of China, LY Power has ten branch companies focusing on domestic market. Operating with certified quality system in compliance with ISO9001:2015, it also has designated agents or set up business branches overseas in America, Russia, India, South Korea, etc, expanding its business to different continents.
1998: LY Power Company established
2000: First industrial application of plasma ignition and combustion stabilization technology in the world.
2004: Plasma ignition and combustion stabilization technology for pulverized coal-fired boilers won the second prize of the National Scientific and Technological Progress Award.
2006: Plasma ignition and combustion stabilization for pulverized coal fired boilers was applied successfully first time on 1000MW unit in Yuhuan Power Plant.
2007: First overseas application of Plasma ignition and combustion stabilization technology(PICS) on 560MW unit in Samcheonpo Power Station, South Korea.
First fuel oil free power plant in the world successfully established with PICS in Dongsheng Power Plant, China
2009: Low NOx combustion technology successfully applied in Mawan Power Plant reducing NOx emission to below 200mg/Nm3 and improving boiler efficiency without coking and slagging.
2010: LY Power IPO and was listed on the Shenzhen Stock Exchange.
2011: Low NOx combustion technology successfully applied on 600MW units of Wangtan Power Plant and Tongchuan Power Plant.
2012: The dual-scale low NOx combustion technology of pulverized coal boiler won the second prize of the National Scientific and Technological Progress Award.
First overseas project of PICS application on 2x600MW supercritical coal fired boilers in EREN Power Plant in Turkey
First project of low NOx combustion technology on 780MW coal fired boiler in Westar Energy Jeffery Power Plant, USA.
2014: Supercritical boiler performance analysis software system was awarded the second prize of the National Energy Science and Technology Progress Award by National Energy Administration.
2015: First fuel oil-free thermal power plant in Shandong province, China Energy TAIAN Power Plant, was put into operation successfully.
2016: First overseas fuel oil free power plant (2x660MW boilers) with PICS successfully established in Zetas Power Plant, Turkey.
2018: Numerical simulation center establised.
2019: Construction of 40MW clean combustion engineering laboratory started.