The renewable energy management system, scheduled to be completed in December, will be part of a Smart Grid Demonstration Complex located on Jeju Island.
“POSCO ICT has identified the smart grid business as a key future growth engine,” says Choi Chang-ho, executive director, POSCO ICT’s smart grid promotion group.
POSCO ICT established a smart grid business unit earlier this year. It understands that a smart grid solution will enable production of renewable electricity using natural resources such as wind and solar, while being securely interconnected with existing power networks.
POSCO
