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News03 November 2017Smart InfrastructureSiemens Korea, Seoul
Siemens signs MOU with KEPCO
Korea Electric Power Corporation (KEPCO) and Siemens AG signed an MOU for cooperative research in wide power grid monitoring and stability improvement on November 1 at 'The 3rd Bitgaram International Power Technology Expo (BIXPO 2017)', held at Kim Dae-jung Convention Center, Gwangju.
Executives and staffs from both parties were attended the ceremony, including Mr. DongSup Kim, Chief Technology Officer of KEPCO, Mr. YongBum Yoon, Head of the Power Transmission Laboratory at KEPRI, Mr. Ingo Erkens, Head of Energy Automation Product Business Unit at Siemens AG, and Mr. HaJoong Chung, Country Division Lead of Energy Management Division at SLS.
This is the first case of signing an MOU to provide the basis for application of KEPCO’s power grid data to the latest technologies from Siemens. Therefore, both expect contributing towards the improvement in solutions through demonstrations, and improvement in power grid stability.