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Samsung SDI Eyes Overseas ESS Market amid Tepid Domestic Demand

Samsung SDI Eyes Overseas ESS Market amid Tepid Domestic Demand

SEOUL, May 16 (Korea Bizwire) — Samsung SDI Co. said Thursday it launched high-capacity energy storage systems (ESS) to expand its presence in the global market amid weak domestic demand over safety issues. The battery-making unit of Samsung Electronics Co. said it showcased its latest ESS technologies at ees Europe 2019, the world’s largest ESS [...]

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 [...]

Use of Energy Storage Systems Increases Dramatically

Use of Energy Storage Systems Increases Dramatically

SEOUL, Jul. 18 (Korea Bizwire) – The use of energy storage systems (ESS) to better manage energy increased significantly in the first half of the year, according to the Ministry of Trade, Industry and Energy (MOTIE). The use of ESS, which store energy during hours when much electricity supply exceeds demand, increased 20-fold compared to [...]

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 [...]

KT to Turn Its Branches, Data Centers as Energy Production Bases

KT to Turn Its Branches, Data Centers as Energy Production Bases

SEOUL, July 19 (Korea Bizwire) – KT will advance into the “smart” energy market by transforming its 400 branch offices and data centers into advanced energy centers, which, according to KT’s plan, will offer EV (electric vehicle) charging services, recycle wasted heat gathered from data centers, provide integrated ESS-EMS service and manage electric demand intelligently. The [...]