LS Cable & System Develops Next-Generation Superconducting Cable... Increases Power Transmission Capacity and Reduces Production Costs

[Asia Economy Reporter Kim Hyewon] LS Cable & System recently announced on the 13th that it has succeeded in developing next-generation superconducting cables.

Superconducting cables have almost no power loss during transmission and can handle large-capacity power transmission. They also do not generate electromagnetic waves, classifying them as eco-friendly energy products.

The newly developed next-generation product improves the structure of the superconducting layer, increasing power transmission capacity by more than 20% compared to existing products while reducing production costs by over 10%.

LS Cable & System, in collaboration with the Korea Electric Power Corporation (KEPCO) Gochang Power Test Center and the Korea Electric Power Research Institute, developed a '23kV-class 3-phase coaxial' superconducting cable through about two years of research and development, obtaining certification from the International Electrotechnical Commission (IEC). Globally, three companies including LS Cable & System have succeeded in development, but LS Cable & System is the first to acquire international certification.

According to industry sources, KEPCO plans to actively apply this next-generation model to the superconducting platform project starting next year. An LS Cable & System official stated, "The superconducting platform project can reduce substation size to less than one-tenth of the current size and cut construction costs by more than 30%. Usage is expected to increase mainly in urban areas where expanding power facilities is difficult."

Myung Nohyun, CEO of LS Cable & System, said, "Driven by the global ESG management trend, the superconducting business is expected to expand mainly in North America and Europe. We will also strive to enter the global market based on our domestic commercialization experience."

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