energy storage system Archives | Be Korea-savvy
SK Innovation and SK E&S Build Large-Scale Energy Storage System in Ulsan

SK Innovation and SK E&S Build Large-Scale Energy Storage System in Ulsan

SEOUL, Nov. 2 (Korea Bizwire) — SK Innovation Co. and SK E&S Co. announced yesterday a ribbon cutting ceremony for a new energy storage system (ESS) at Ulsan Complex (Ulsan CLX), SK’s main production center. An ESS captures energy produced at periods when energy consumption is low for use at a later time when energy [...]

South Korean Government Eyes Energy Storage Systems

South Korean Government Eyes Energy Storage Systems

SEOUL, July 6 (Korea Bizwire) – The South Korean Government is supporting investment in energy storage systems (ESS), with plans to double the supply this year amid growing concerns over a possible shortage of electric power caused by the temporary shutdown of aging nuclear power plants in the country. According to data released by the Ministry [...]

S. Korea to Give Incentives for Energy Storage System

S. Korea to Give Incentives for Energy Storage System

SEJONG, Sept. 19 (Korea Bizwire) – The South Korean government will provide incentives to encourage solar power plant operators to set up bulk energy storage facilities as part of its efforts to foster the local renewable energy market, the trade ministry here said Monday. Those who install the energy storage system (ESS) at their solar [...]

Samsung SDI Succeeds in Installing ESS in a German Electric Utility Substation

Samsung SDI Succeeds in Installing ESS in a German Electric Utility Substation

SEOUL, Sep. 18 (Korea Bizwire) – Korean-made energy storage system (ESS) has been installed in a substation in northern Germany. Samsung SDI said on September 17 that Wemag AG, a northern German utility, held on the 16th a completion ceremony for its battery park at a substation in Schwerin, in the state of Mecklenburg-Vorpommern, with dignitaries including [...]