KEPCO Exports Digital Substation Verification Technology to Canada for the First Time
"Expansion of Exports to North America Region in the Future"
[Asia Economy Reporter Moon Chaeseok] Korea Electric Power Corporation (KEPCO) announced that it has exported digital substation performance verification technology to a Canadian power company for the first time. It plans to expand technology exports to the North American region in the future.
On the 25th, KEPCO revealed that it transferred technology verifying compatibility issues among various equipment and systems within digital substations to Hydro-Qu?bec, a Canadian power company.
Hydro-Qu?bec plans to convert 500 substations into digital substations by 2040. If Hydro-Qu?bec expands the adoption of the performance verification tool, KEPCO expects to earn approximately 3 billion KRW in technology transfer profits.
The digital substation technology market is expected to grow to about 50.1 billion USD by 2022.
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A KEPCO Electric Power Research Institute official stated, "Through this technology transfer, the performance of digital substation verification technology has been recognized worldwide," adding, "We will also strive to develop next-generation core power technologies such as intelligent digital substation operation technology."
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