Energy Pool speeds up its growth in Asia
This article has been supplied.
Company Announcement -Signing today a Business Startup Agreement with Hyosung to develop Demand Response on the South Korean market. South Korea is a strong growth country with an important industrial sector. The electric grid which is very similar to the French one with its 100 GW installed capacity and its 3% annual growth faces with consumption peaks while being isolated electrically. In this context, Demand Response and peak consumption management are strategic issues.
Last November, South Korea launched a Demand Response program one of the most ambitious in the world, by contracting 1500 MW of flexible loads which could be activated by KPX (Korean Power Exchange). Energy Pool, the biggest demand response expert in Europe, managing demand response capacity across various industrial sectors has already launched its activity in Japan in 2014. Energy Pool intends now to become a key player on the Korean Market. Hyosung, a diversified industrial conglomerate is a significant market player in the electricity sector and has also high ambitions regarding Demand Response.
With their complementary expertise, Energy Pool and Hyosung signed today a Business Startup Agreement to enter jointly into the newly created Demand Response market in 2015. Energy Pool will provide its Demand Response expertise and manage operations. Hyosung will rely on its network of industrial partners and provide IT support. Both partners wish to fit rapidly this first partnership into a long-term cooperation enabling them to reach ambitious position on one of the most important Demand Response market in the world.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















