ATLANTA, USA: GE has signed an agreement to help bring the performance, efficiency and reliability gains of smart grid technology to Korea. GE will work together with Korea's NURI Telecom Ltd to build an advanced smart grid infrastructure in Korea.
“GE recognizes the importance of collaborating with technology and delivery partners to realize the promise of a smarter grid,” said Bob Gilligan, vice president of GE Energys transmission and distribution business. “NURIs products and global expertise, especially in advanced metering infrastructure (AMI), fit well with GEs end-to-end smart grid capabilities.”
"As Korea continues to raise its global economic profile, the need for a complete set of smart grid solutions becomes more critical," said Song-Man Cho, president and CEO of NURI Telecom. "We are excited about working with GE so that our complementary technologies can help deliver reliability and performance gains throughout Korea's energy infrastructure."
Korea is currently embarking on several Smart Grid initiatives, including the development of a smart grid road map and a smart grid pilot project on Jeju Island.
Through industry collaborations, GE will deliver one of the broadest portfolio offerings in the industry to modernize the electrical systems from the power plant to the consumer. From smarter appliances to technologies for plug-in hybrid vehicles, to providing renewable technologies and smart meters, GE has the breadth and knowledge needed to increase energy productivity all the way up and down the lines.