LS Eco Energy Advances Vietnam Superconducting Cable Project

Agreement on Commercialization of Superconducting Cables with Vietnam Electricity Institute

LS Eco Energy is promoting the commercialization of superconducting cables in Vietnam.

LS Eco Energy announced on the 2nd that it has signed a business agreement on the superconducting cable project with the Institute of Energy (IE) under the Vietnam Electricity Authority.

Both parties plan to establish a mutual cooperation system and explore business opportunities to apply superconducting cables to the Vietnamese power grid.

On the 1st, Lee Sang-ho, CEO of LS Eco Energy (right), and Tran Ky Phuc, Director of the Energy Institute (IE) under the Vietnam Electricity Corporation, are posing for a commemorative photo after signing the 'Superconducting Cable Business Agreement.'
[Photo by LS Eco Energy]

Superconducting cables were first commercialized by LS Cable & System in 2019 on the section between Heungdeok and Singal substations in Yongin, Gyeonggi Province, marking the world's first success. To this day, it remains the only line in commercial operation worldwide.

Superconducting cables maximize transmission efficiency by utilizing the superconducting phenomenon where electrical resistance disappears at low temperatures. When power expansion is needed due to overload, transmission capacity can be increased more than fivefold simply by replacing the cable. Additionally, when building a new city, power ducts approximately 3 meters high can be replaced with conduits about 1 meter in size, reducing civil engineering costs to less than 1/20. There is no electromagnetic wave generation, and the size and number of substations and transmission towers can be reduced, minimizing environmental impact.

Lee Sang-ho, CEO of LS Eco Energy, said, "Vietnam is expected to face severe power shortages due to urbanization and the construction of large-scale data centers by global companies. We will expand our business based on LS Cable & System's technology and LS Eco Energy's local experience."

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