SEOUL, May 11 (Korea Bizwire) — South Korean automaker SK ecoplant Co. and battery maker SK On Co. announced on Tuesday that they have established the country’s first energy storage system (ESS) power supply installation at a construction site.
The facility is located at an apartment construction site in Anyang, Gyeonggi Province. The two companies plan to demonstrate the installation for two years in a joint operation.
Of particular note, this project implemented an ESS consisting of used batteries on a trial basis after obtaining a regulatory exemption from the Ministry of Commerce, Industry and Energy.
SK It is envisaged to develop safety standards for the use of used batteries by various operations and verifications of this project aimed at promoting effective commercialization.
“The all-new ESS power supply facility allows storage of remaining external power late into the night and utilization of stored power for equipment operation during peak hours between 2:00 p.m. and 4:00 p.m.,” SK said. ecoplant.
“In addition, it would help reduce carbon emissions by solving environmental problems caused by used batteries from electric vehicles.”
SK ecoplant also disclosed that it acquired a 70% stake in waste disposal company JA Green for 192.5 billion won ($150 million).
JS Shin ([email protected])