KT Establishes Fuel Cell Power Generation Facility for Electricity Brokerage
[Asia Economy Reporter Koo Chae-eun] KT announced on the 8th that it has established a 0.9 MW-class next-generation hydrogen fuel cell power generation facility at the KT Daegu Logistics Center to promote the operation of an intelligent virtual power plant and a small-scale power brokerage business.
The operation of the intelligent virtual power plant is a business that helps virtual power plant operators efficiently manage power generation through KT's fuel cell management system. Virtual power plant operators are companies that produce small-scale electricity using fuel cells and other sources. KT monitors the power generation and equipment operation status of virtual power plant operators 24 hours a day and supports services such as data analysis and fault response.
The small-scale power brokerage business is a business where brokers collect electricity under 1 MW produced from renewable energy sources and energy storage devices and trade it in the power market. It works by collecting electricity generated from fuel cell facilities installed in idle spaces like the KT Daegu Logistics Center and selling it to the power exchange.
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KT plans to start the power brokerage business as early as the first half of next year after demonstration testing. KT was selected as a pilot operator for power brokerage in 2016 and has been developing and advancing the power brokerage system. Since 2018, KT has been preparing related businesses by establishing fuel cell power generation facilities at the Daegwallyeong KT Training Center and the Daejeon Daedeok 2 Research Complex. It is also conducting a 6.7 MW-class fuel cell power generation project in industrial complexes in Changwon and Gumi. KT plans to continue promoting various renewable energy businesses in line with government policies such as ▲Green New Deal ▲hydrogen economy activation ▲smart industrial complex activation.
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