KETI-Seobu Power Launch Big Data Sharing Center

Introducing AI Solutions in Power Big Data... Leading Digital Transformation in the Energy Sector

Chungcheongnam-do Taean IGCC Gasification Plant. (Photo by Korea Western Power)

[Asia Economy Reporter Moon Chaeseok] The Korea Electronics Technology Institute (KETI) and Korea Western Power announced on the 9th that they have opened the 'Western Digital Technology Sharing Center' in Pangyo, Seongnam-si, Gyeonggi Province.

As a joint research center of the two organizations, it was established to support the creation of new data-driven businesses in the power industry.

KETI has been developing core technologies that apply Internet of Things (IoT), big data analytics, and artificial intelligence (AI) solutions to industrial big data generated in power plants, shipbuilding, and automotive industries to support productivity and quality innovation.

Korea Western Power is a power generation specialized public enterprise with facilities totaling 11,333 MW, about 9.4% of the country's total power generation capacity. It is the only domestic operator of Integrated Gasification Combined Cycle (IGCC) power plants that generate power by converting coal into gas.

The newly opened center supports the private sector's access to power generation big data generated from four power plants operated by Korea Western Power: Gunsan, Seo Incheon, Taean, and Pyeongtaek.

Through this, it plans to promote private companies' entry into the power generation industry and lead digital transformation by introducing AI solutions in the power industry.

Specifically, it will utilize the power generation big data, which is generated in the hundreds of millions daily, to carry out ▲ development of a power data sharing platform ▲ development of AI predictive diagnostic solutions ▲ training of power generation AI experts.

In particular, once the power data sharing platform development is completed, power operation-related data will be disclosed to domestic private companies.

A KETI official stated, "We expect that the vast amount of power generation data, which has not been disclosed until now, will be opened to the private sector and create new commercialization models."

Korea Western Power plans to apply the AI predictive diagnostic solutions developed at the center to actual power generation sites for predicting power equipment failures and operating to reduce fine dust emissions.

Additionally, Korea Western Power intends to provide specialized AI education to its employees and partner companies' staff to cultivate AI experts specialized in the power generation field.

Kim Youngsam, President of KETI, said, "Combining KETI's big data and AI solutions with Korea Western Power's power generation data and operational know-how can create a successful digital transformation model in the energy sector."

President Kim added, "Moreover, it will significantly contribute to creating new jobs by promoting new data-driven businesses in the power industry."

This content was produced with the assistance of AI translation services.