Jeju Island Smart Grid Project

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In June 2009, Jeju Island Smart Grid Project was conducted by 170 private companies with a budget of approximately $200 million. Its test-bed has become one of the world’s largest smart grid communities that allows for the testing of advanced smart grid technologies and R&D results, as well as the development of business models. The project serves as the founda-tion for the commercialization and industrial export of smart grid technologies. It is expected to greatly contribute to strengthening Korea’s position as a leader in the global smart grid in-dustry, by presenting the lessons and solutions learned from the test bed.

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Science & Technology	Upload TimePublished on 5 Sep 2015

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