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BY Tali Aaron : March 17

South Korea plans for Nationwide smart-grid by 2030

smart grid


South Korea's Ministry of Knowledge Economy released a two-page report outlining their strategy to become the first country to implement a nationwide smart-grid, and their plans are impressive. They are investing $23.3 billion to have all the customers of KEPCO, Korea's only power company, using smart-grid technology by 2030, with the goal of reducing greenhouse gas emissions by 150 million tons and cutting power consumption by three percent.

The South Korean government agencies are teaming with industry leaders like LG Electronics, Samsung and the SK Group to develop power delivery systems that can produce a host of energy saving technologies. The report outlined the procedure to have one-third of the households becoming self-sufficient and eleven percent of the infrastructure using renewable energy by 2030. The first test systems will be implemented on Jeju Island. Smart-grid analyst like David J. Leeds with GTM Research realize why it is important for them to make such a commitment, explaining, "South Korea imports essentially all of its energy, so there is a necessity there that may drive Korea to develop next-generation smart grid technologies ahead of the pack."

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Posted in: Energy Water Efficiency, Energy Efficiency, Policies Regulations
Tags: energy savings (51)   energy efficiency (255)   스마트그리드 (5)   pametna omrežja (3)   smart grid (34)   greentech (56)   renewable energy (502)   tot (33)   reduce carbon emissions (9)   cleantech (324)   
Last Modified: March 17, 2010 at 3:54 pm
First Published: March 17, 2010 at 3:54 pm

16 Responses to South Korea plans for Nationwide smart-grid by 2030

  2. buildaroo on May 25, 2011 at 7:42 am


    South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  3. Daegu Gyeongbuk FEZ on April 21, 2011 at 2:36 am


    RT @samuel_rhodes: #SouthKorea is investing $23.3 billion to create the world's first nationwide smart electricity grid. http://goo.gl/CD4Yf

    Reply
  4. Niels Footman on April 21, 2011 at 1:18 am


    RT @samuel_rhodes: #SouthKorea is investing $23.3 billion to create the world's first nationwide smart electricity grid. http://goo.gl/CD4Yf

    Reply
  5. Sam Rhodes on April 21, 2011 at 1:18 am


    #SouthKorea is investing $23.3 billion to create the world's first nationwide smart electricity grid. http://goo.gl/CD4Yf

    Reply
  6. AdvancedTechKR on April 20, 2011 at 2:36 pm


    South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/f0oA1M #korea #grid

    Reply
  7. AdvancedTechKR on April 20, 2011 at 2:36 pm


    South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/f0oA1M #korea #grid

    Reply
  8. Russ Rosenfeld on April 19, 2011 at 12:32 pm


    RT @cleangreenpro - South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech... http://dlvr.it/P0jzF

    Reply
  9. buildaroo on April 19, 2011 at 12:22 pm


    South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  10. PBR Hawaii on March 11, 2011 at 5:47 am


    RT @cleangreenpro: South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  11. buildaroo on March 10, 2011 at 5:54 pm


    South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  12. Being Green: The Value of Conservation « M&M's Musings on February 25, 2011 at 7:54 pm


    [...] South Korea plans for Nationwide smart-grid by 2030 [...]

    Reply
  13. NEXUS GREEN on February 21, 2011 at 6:22 pm


    RT @cleangreenpro: South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  14. Kelley Net Impact on February 21, 2011 at 3:20 am


    RT @cleangreenpro: South Korea plans for Nationwide smart-grid by 2030 http://bit.ly/bkD1tu #eco #cleantech #greenbuilding #renewableenergy

    Reply
  15. Michael McKinley on July 23, 2010 at 11:39 am


    A better understanding of the distribution grid will be essential to bringing on-line all of the distributed energy resources (DER) that will be necessary. Currently, in the industry there are very few smart distribution sensors available to meet the distribution needs. I wonder if they are planning to home grow all of their technology or are they planning to acquire emerging technology?

    Reply
  16. Mike on March 18, 2010 at 1:33 am


    RT @buildaroo: South Korea plans 2 implement nationwide smart-grid by 2030 http://bit.ly/bkD1tu #energyefficiency #politics #energy

    Reply
  17. GreenRecipe on March 18, 2010 at 1:33 am


    RT @buildaroo: South Korea plans 2 implement nationwide smart-grid by 2030 http://buildaroo.com/news/article/south-... #energyefficiency #politics #energy

    Reply

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