KEPCO and Samsung Collaborate on Power Infrastructure Construction... Pyeongtaek Campus Construction Cost Reduced by 430 Billion Won

Signing of Agreement for Expansion of Power Infrastructure at Pyeongtaek Campus Complex 2

Samsung Electronics Pyeongtaek Campus located in Pyeongtaek, Gyeonggi Province.
Photo by Asia Economy DB

[Asia Economy Sejong=Reporter Lee Jun-hyung] Korea Electric Power Corporation (KEPCO) will jointly establish the power infrastructure for Samsung Electronics' Pyeongtaek Campus Phase 2. Through the integrated power infrastructure construction between KEPCO and Samsung Electronics, approximately 430 billion KRW in construction costs for the Pyeongtaek Campus is expected to be saved.

On the 15th, KEPCO announced that it signed a "Power Supply Agreement for the Expansion of Power Infrastructure at Pyeongtaek Campus Phase 2" with Samsung Electronics at Samsung Electronics' Pyeongtaek Campus located in Pyeongtaek, Gyeonggi Province. Prior to this, KEPCO and Samsung Electronics operated a working-level consultative body and conducted joint on-site investigations to build the integrated power infrastructure. At the signing ceremony, KEPCO President Jung Seung-il said, "Korea's world-class electricity quality has become the foundation for the growth of national advanced strategic industries such as the semiconductor industry," adding, "Let us create a power supply ecosystem together where KEPCO and private companies can cooperate for mutual 'win-win'."

According to the agreement, KEPCO and Samsung Electronics will build an integrated power infrastructure for Pyeongtaek Campus Phase 2. Samsung Electronics plans to additionally construct Pyeongtaek Campus Phase 2 (Lines 5-6) in addition to the currently under-construction Pyeongtaek Campus Phase 1 (Lines 1-4). KEPCO will establish two new 345kV substations to supply power at 154kV to Pyeongtaek Campus Phase 2. KEPCO and Samsung Electronics will share the costs of building the power infrastructure according to power usage capacity and purpose.

The cost-saving effect of the integrated power infrastructure is significant. KEPCO and Samsung Electronics expect to reduce about 26% (approximately 430 billion KRW) of the total construction costs for the Pyeongtaek Campus through this collaboration. KEPCO will optimize equipment configuration and also promote power grid reinforcement considering local residents and the environment in the Pyeongtaek area. Samsung Electronics will be able to receive the necessary power for the Pyeongtaek Campus in a timely and stable manner, enabling effective response to future power demand.

KEPCO and Samsung Electronics plan to expand their cooperation into the field of carbon neutrality. A KEPCO official stated, "This project aligns with the Yoon Suk-yeol administration's 110 national tasks, specifically 'timely establishment of power supply infrastructure to lay the foundation for the growth of national advanced strategic industries,'" adding, "We plan to continuously explore collaboration methods to ensure that the K-semiconductor industry can secure competitiveness in the global market."

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