Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagnostic & Analysis System (SEDA) and the latter’s diagnosis system and customer networks with 183 countries.
SEDA is a system designed to prevent breakdowns by comprehensively analyzing equipment diagnosis data obtained via online preventive diagnosis and facility information, and determining real-time conditions.
KEPCO struck an MOU with MR, a German global power facility leader, to jointly develop and commercialize solutions to prevent breakdowns by checking real-time conditions of facilities in Regensburg, Germany, on Sept. 4.
Ranking officials of both companies, including Yeo Geun-taik, head of the Transmission and Transformation Department at KEPCO and MR CEO Wilfried Breuer, participated in the signing ceremony.
(center) Yeo Geun-taik, head of the Transmission and Transformation Department at KEPCO and (right) MR CEO Wilfried Breuer attend a ceremony to strike an MOU to jointly develop and commercialize solutions to prevent breakdowns by checking real-time conditions of facilities in Regensburg, Germany, on Sept. 4.
During the meeting, the two companies pledged their determination to promote cooperation and discussed ways of connecting preventive diagnosis solution technologies and commercializing them.
KEPCO has managed to prevent more breakdown cases annually through its own technology SEDA.
The technology has also saved more than 100 billion won since 2021 when it made its debut.
Of late, KEPCO has been accelerating efforts to explore overseas new markets, as the power entity has landed a project to verify the technology in Malaysia in cooperation with Korean heavy electric equipment makers.
MR, a global leader in On Load Tap Changer (OLTC), a core part of the transformer, owns customer networks with 183 countries across the globe.
The German company has been expanding its leverage in the preventive diagnosis sector based on these, and plans to ramp up cooperation with KEPCO under the latest deal.
Both companies strive to secure an upper hand in the power facility preventive diagnosis business in global markets, including Europe, by combining KEPCO’s preventive diagnosis technology power and MR’s diagnosis systems and global marketing networks.
A KEPCO official said, “The agreement takes on a great significance since Korea’s preventive diagnosis technology takes a first step in its market entry to Europe, and we will raise our global competitiveness by expanding cooperation with global leading companies in the future.”
KEPCO Declares Opening of ‘DC Era’ at Energy Super Week
Korea Electric Power Corp. (KEPCO) held “DC Super Week” at Energy Super Week, which took place at BEXCO, Busan, from Aug. 26 to Aug. 28.
DC Super Week was designed to present a blueprint for innovation of next-generation power grid based on DC transformation, containing a vision of spearheading into energy transition through expanded global cooperation.
DC has been highlighted as a solution to cope with large-sized power demand, since DC is 10 percent more efficient than AC.
KEPCO has verified DC for some 10 years and proved its effectiveness.
KEPCO has been implementing efforts to create an ecosystem and make global standards since 2024 when the power company inaugurated the Korea DC Alliance (K-DCA) in cooperation with 45 industry, academia and research circle organizations.
DC Super Week had four sessions to have comprehensive discussions encompassing industries, policies and technologies.
On Day 1 on Aug. 26, the DC Industry Dialogue Session took place under the theme “Spreading of DC Transformation.”
K-DCA and foreign alliance industry experts participated and discussed ways of implementation and development.
The current status of major projects, such as the DC factory of K-DCA as well as China’s DC transformation projects were shared.
The Current O/S, the European DC alliance, presented Europe’s verification examples, such as “DC Green Village” and “DC Microgrid.”
“Global DC Forum,” held in conjunction with CEM16/MI10 Ministerial Meeting, took place under the theme “Substations for Modernizing Grid and Roles of DC Solutions” with some 100 people in attendance from the Ministry of Trade, Industry and Energy, KEPCO, IEA and ISGAN.
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