With great technology comes great benefits, and with great power comes great responsibility. Technology has been harnessed extensively over the years to drive efficiency and sustainability to meet the exigencies of a modern society. Smart grid is one of the technologies under the IoT that has efficiently and effectively delivered in the area of energy use. Smart grid is an electric power network that that leverages on ICT to augment the existing network to become an intelligence-based one that is able to provide high-quality electric power service and maximizing efficiency of energy use.
South Korea is one of the first countries to set up a test-bed for smart grids, namely the Jeju Island Pilot Project. The pilot project has performed exceedingly well, and its concept has been exported to various countries. It demonstrated the potential of M2M capabilities and how they can be leveraged to deliver greater energy efficiencies for a smarter utility system. The issue on how complex systemic challenges and limitations can also be addressed.
However, smart grids deliver energy savings not just because of the existence of secure and interoperable technology. They depend heavily on end users and businesses, specifically their level of familiarity with smart grid capabilities and power market models. Levelling up the end users to be in the know of these capabilities can be resource-intensive and a time-consuming process.
Lee Jung-Ho, General Manager of Smart Grid Department at KEPCO, will be delivering a presentation on how the Jeju Pilot Project materialised at the 5th edition of the Asia IoT Business Platform in Jakarta, and will speak on the M2M capabilities that KEPCO implemented for the smart utility grid system pilot project. He will also discuss the challenges faced in implementing a complex project like this, and how KEPCO tackled them with viable solutions.