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Race to develop smart grid tech heats up

SUBNET Solutions Inc | Tuesday, October 16, 2012

Smart grid technology vendors in North America may struggle to keep up with companies in South Korea, where firms are forging ahead to test out new pilot programs of advanced technologies, Smart Grid News reports.

According to the media outlet, the country is currently working on its Jeju Island project, which when completed, will be the world's largest smart grid system of its kind.

"It is significant it is being held in Korea," WEC Daegu 2013 Organizing Committee Chair and CEO of utility KEPCO Joong-Kyum Kim said. "Not only is the country at an exciting stage in its energy development as it seeks to increase its reliance on nuclear power, LNG and sustainable energy sources, but it is also located in the world's most dynamic energy region."

The system will test advances that have been made in communications technology, which has created one of the most competitive races for market share in the smart grid technologies industry.

SUBNET's software was developed to work with products from any vendor, and can be used to transmit data from any device across any communication platform. Already, SUBNET has worked with a number of the top 10 utilities in North America on smart grid deployment projects.

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