Elecs Korea 2025, hosted by the Ministry of Trade, Industry and Energy at the COEX convention center, according to the ministry. (Image courtesy of Yonhap)
SEOUL, Feb. 12 (Korea Bizwire) – A conference on electric energy kicked off in Seoul on Wednesday to showcase cutting-edge electric power technologies of local and foreign companies, the industry ministry said.
Elecs Korea 2025, hosted by the Ministry of Trade, Industry and Energy, will run for three days through Friday at the COEX convention center, according to the ministry.
Some 260 companies from here and abroad are taking part in the event to show their advanced heavy electrical equipment, smart grid solutions and power supply technologies, as well as renewable energy technologies.
This year’s event will also feature the application of artificial intelligence (AI) to electric power technologies to boost their efficiency.
“We have set the yearly export target at an all-time high of US$16.2 billion for this year to help the heavy electrical equipment industry, which is booming thanks to an increase in AI data centers and efforts to achieve carbon neutrality, lead South Korea’s exports,” Industry Minister Ahn Duk-geun said in an opening speech.
Last year, the country’s exports of heavy electrical equipment hit a record high of $15.6 billion.
Ahn said the government will support the electric power industry by providing investment in research and development projects and tax benefits.
(Yonhap)
