LS Cable & System Collaborates with Korea Electrotechnology Research Institute on 'Carbon Neutral' Technology Development

Joint Development of New Technologies and New Materials in Eco-friendly and Power Transmission Fields

Lee In-ho, CTO of the Technology Development Headquarters, and Myung Seong-ho, President of the Korea Electrotechnology Research Institute, are taking a commemorative photo after signing an MOU at the LS Cable & System Seoul Office. (Photo by LS Cable & System)

[Asia Economy Reporter Lee Hye-young] LS Cable & System announced on the 24th that it has signed a Memorandum of Understanding (MOU) for technology development to achieve carbon neutrality with the Korea Electrotechnology Research Institute (KERI).

Both parties agreed to collaborate on the development of new technologies and new materials in the fields of eco-friendly solutions and power transmission. The areas of cooperation include joint research on superconducting power transmission and distribution equipment, high-voltage direct current (HVDC) transmission, as well as power grid safety diagnosis technologies.

Superconducting cables are representative eco-friendly cables with almost no power loss during transmission. LS Cable & System commercialized them for the first time in the world in 2019, developed next-generation products in 2021 that increased power transmission capacity by more than 20%, and is preparing for the first domestic commercialization in the first half of this year.

HVDC also experiences low transmission loss and can transmit large amounts of power, leading to its expansion mainly in long-distance and renewable energy power grids. It does not generate electromagnetic waves and can reduce the size and number of substations and transmission towers, minimizing environmental impact.

Cooperation will also be carried out on power grid safety diagnosis technology research using artificial intelligence (AI) and big data technologies. LS Cable & System is expanding its "Cable Safety Diagnosis Service," which diagnoses cable overheating and lifespan for industrial facilities, into offshore wind power and submarine cable sectors.

Lee In-ho, Chief Technology Officer (CTO) of LS Cable & System, said at the signing ceremony, "We will collaborate with the Korea Electrotechnology Research Institute to secure and advance future power technologies and contribute to the realization of a carbon-neutral nation."

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