Woori Technology Signs MOU with Korea Electric Power Research Institute for Wind Power Generation Control System Development
[Asia Economy Reporter Yoo Hyun-seok] Woori Technology, after being selected as the lead institution for a national project related to wind power generation control systems, is accelerating its business by formalizing a cooperative framework with the Korea Electric Power Corporation (KEPCO) Power Research Institute to localize wind power generation control systems.
On the 13th, Woori Technology announced that it signed a "Memorandum of Understanding (MOU) for Joint Research Cooperation on Wind Power Generation Control System Development" with KEPCO Power Research Institute. The MOU signing ceremony was held at the "Gunsan Offshore Wind Power Demonstration Center" operated by KEPCO Power Research Institute.
This MOU was signed with the goal of fostering the domestic wind power industry by jointly developing and localizing control systems for onshore and offshore wind power industries. Both parties agreed to actively cooperate in the development of wind power generation control systems including the main controller, Condition Monitoring System (CMS), and Supervisory Control and Data Acquisition (SCADA) system.
They also plan to mutually cooperate on technology development and localization across offshore wind power operation and maintenance, the overall offshore wind power business, commercialization of developed technologies, and application and supply to domestic wind farms, while promoting the exchange of related information and materials.
A Woori Technology official stated, "Following our selection as the lead institution for the government project on wind power generation control systems in June, this MOU signing will further strengthen Woori Technology’s position in the renewable energy sector. Since offshore wind power projects require highly advanced control and monitoring technologies, we expect to achieve results by conducting research and development based on Woori Technology’s core technologies."
KEPCO Power Research Institute, a corporate research institute affiliated with KEPCO, has developed technologies such as wide-area power system real-time analysis and underground cable testing to stabilize power supply. To prepare for the future energy transition era driven by the 4th Industrial Revolution, it has been developing technologies including microgrid (MG) and energy storage system (ESS) for frequency regulation, as well as grid connection technologies for offshore wind farms. Its goal is to establish proactive response measures to rapidly changing technological environments.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- [PE Now] F&B Companies Making a Second Attempt at Sale: The Formula for a Successful Deal
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
This year, the institute completed the development of the "Multipurpose Mobile Base (MMB)," a rapid installation technology for offshore wind turbines, and held the MMB launching ceremony at Gunsan Port earlier this month.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.