SeoulTech and WattEye Successfully Hold 1st Interim Report Meeting for AEP

Driving Regional Development with the 3,120MW Project

Seoul National University of Science and Technology announced on the 13th that the professor-startup company WattEyeSolution, along with seven participating organizations including Sollis Yeongam Co., Ltd., proved the effectiveness of a private-led renewable energy power generation strategy at the first interim report meeting of the largest domestic Alpha Energy Project (AEP).

The country's largest renewable energy 3,120MW-linked power transmission Turtle Ship exclusive port and retired cruise utilization image (ChatGPT)

At the report meeting held just two months after the contract signing in November last year, Professor Hwang Woo-hyun, the principal investigator, detailed the timely implementation strategies and execution plans for power production and supply, including the optimal sequential connection of the power grid for the 3,120MW renewable energy power complexes being promoted in four regions of Jeonnam, the construction of a smart farm with 30 buildings on a 380,000-pyeong site, attracting an AI-based data center from 1GW up to 5GW scale, and the development of the world's largest capacity Power Turtle Ship models (1GWh, 3GWh, 5GWh).

The Jeonnam AEP is more than 20 times larger than the Saokdo power complex (150MW) in Shinan County, and is expected to contribute to resolving power output constraints in the Jeonnam region upon completion by the end of 2027. However, there are concerns that the permitting process related to the integrated complex promotion, including solving power grid bottlenecks, building and optimally operating the power complexes, and seeking technical and economic solutions, may take a long time.

Park Byung-hoon, CEO of Sollis Yeongam Co., Ltd., stated, “The reason private companies are promoting the construction of large-scale solar power complexes is to contribute to the government's 2030 carbon neutrality 40% achievement goal and to overcome power grid connection constraints with advanced technology through cooperation with local universities, research institutes, and SMEs,” expressing his commitment to regional development and sharing investment returns.

Additionally, Professor Lee Young-sung of Seoul National University emphasized, “The AEP, conducted on a 6 million-pyeong site, has great potential to develop into a global eco-friendly energy city centered on the western Jeonnam area (Naju, Mokpo, Yeongam) by creating new loads such as the Daebul Industrial Complex, data centers, and smart farms.”

At the interim report meeting held on the 5th, researchers including Professors Song Hwa-chang, Kim Kyung-hwa, and Shim Min-gyu from Seoul National University of Science and Technology presented specific execution plans such as optimal connection routes and required costs for each of the four complexes, regional smart energy town models, and the feasibility of developing electric Power Turtle Ships, leading to in-depth discussions in various fields. External experts including Lee Seok-ho, director of the Green Energy Research Institute, Seo Jeong-il, CEO of Anigate, Hong Woon-gi, CEO of Hyundai Ecotech, and Professor Kim In-hwan of Seoul National University also participated, exchanging diverse opinions on future directions.

Park Sang-gi, chairman of Sollis Yeongam Co., Ltd., concluded, “This project can share profits with local governments and residents based on stable power supply, and plans to promote expansion to other regions and overseas through the completion of the AEP model.”

The second interim report meeting of Jeonnam AEP is scheduled for late April, and the final report meeting will be held at the end of May. Attention is focused on whether this achievement will establish itself as a private-led advanced renewable energy technology development and regional development model.

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