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NET-ZERO (Sustainable Energy Environment)

Smart grid
A next-generation power grid that optimizes energy efficiency, etc. by exchanging power generation and consumption information in real time in both directions by applying ICT to the power grid.
Technical overview

A data convergence platform (gas AMI big data hub) that stably provides energy data, it is used for developing high-efficiency products and services tailored to the characteristics of energy sources, and for optimal operation through data analysis.

Necessity and importance

(Market) The global smart gas meter market size is expected to grow from $2 billion in '21 to $2.5 billion in '26, growing at a CAGR of 4.6% (Source : Markets and Markets)

(Policy) Energy policy is shifting from energy supply to demand management through the 3rd Basic Energy Plan ('19) and Energy Innovation Strategy ('19), and plans to build an energy big data platform for accurate demand analysis

Application

<  Energy  Data  Convergence  Platform  Applications  >

Areas Description
Energy

Energy infrastructure digital transformation, preemptive intelligent management, optimal operation, energy saving

Material·Devices

Primary and secondary battery capacity measurement and operating life prediction, industrial edge device failure prediction

Industry

industrial edge device failure prediction

Technical overview

An AI-based Energy Management System (xEMS) that collects and analyzes various energy data in real time, such as occupancy detection, energy consumption patterns, and consumption of major energy devices, and autonomously manages energy based on this data

Necessity and importance

(Market) The global EMS market is expected to record $119 billion in 2025, growing at an average annual rate of 17.4% from $46 billion in 2019 (source: 360iResearch)

(Policy) Korean government carried out EMS supply projects mainly for maintenance support, and introduces EMS compulsory system for buildings (public buildings in 2020, private buildings in 2025)

Application

<  Applications  of  AI  based  xEMS  >

Areas Description
Home, Building, Factory

Energy management of buildings that can collect energy consumption and environmental data (temperature, humidity, occupancy, etc.)

Technical overview

Technology that effectively solves issues in the energy sector, such as responding to uncertainty in new and renewable energy, demand management, and energy efficiency improvement by combining ICT such as IoT, big data, and AI

Necessity and importance

(Market) The global smart grid market size is expected to grow at a CAGR of 20.8% from $23.8 billion in 2018 to $61.3 billion in '23 (Source : Markets and Markets)

(Policy) Intelligent power system specified in the 4th energy technology development plan technology roadmap ('19.11)

Application

<  Energy  ICT  Convergence  Technology  Applications  >

Areas Description
Participation in the electricity market

Participation in the electric power market through high-performance new and renewable energy prediction

P2P electricity trading

Development of autonomous power trading technology between energy prosumers

Energy management system

Development of consumer-tailored autonomous energy management system technology

Technical overview

Simulation technology capable of implementing new technologies and services related to energy production-demand-transaction of the smart grid in the digital twin system, and planning and verifying business models in various market environments

Necessity and importance

(Market) Promotion of the development and demonstration of new services and business models in the smart grid field that has not been activated due to legal and regulatory restrictions through the application of the regulatory sandbox

(Policy) The establishment of a regional distributed energy system is promoted through the designation of a regional distributed energy special zone and micro-grid demonstration project, etc.

Application

<  Applications  of  business  model  simulation  technology  >

Areas Description
Energy

Residential consumer optional rate system technology

Comprehensive operating system and consulting business operation technology based on optional rate system

Solar power sharing community power service business operation technology

Community-shared ESS power service business operation technology

Energy hub business operation technology for complex communities