Nuri Telecom Selected as Green New Deal Home Smart Power Platform Operator
First Domestic Application of Cloud-Based Energy Service Platform for 200,000 Apartment Units
[Asia Economy Reporter Hyungsoo Park] Nuritelecom has been selected as the final operator for the Green New Deal home smart power platform project promoted by the government.
Nuritelecom announced on the 8th that it signed an agreement with the Korea Smart Grid Business Group regarding the home smart power platform project.
The home smart power platform project is one of the Green New Deal projects promoted by the government. It is a project to establish an Advanced Metering Infrastructure (AMI) in 5 million apartment units by 2022. It provides apartment residents with power consumption information in 15-minute intervals and collects power consumption data in real time. New businesses utilizing power big data are also expected to be possible.
Nuritelecom will replace existing old meters with new smart meters in 200,000 apartment units nationwide and collect and analyze power usage data. To provide power information services, it plans to build a smart power infrastructure applying PKI certificates. It is expected to become the first large-scale private energy service platform in Korea.
In addition to building the smart power platform infrastructure, Nuritelecom has formed a consortium with specialized companies in the energy service sector, demand response (DR) business, and the app service linked to the National Energy Pause. Nuritelecom will act as the responsible organization to build the smart power infrastructure and carry out the smart power platform project.
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Kim Youngdeok, CEO of Nuritelecom, said, "Nuritelecom is a leading AMI company with the capability to deliver and operate AMI systems to 46 power companies in 19 countries," and added, "We plan to focus on creating various revenue models by having AI analyze the power consumption big data collected in real time according to the demands of the consuming organizations."
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