Samsung SDI said it will work with the Korea Electrical Safety Corporation (KESCO) to build an energy storage system (ESS) ecosystem.
Samsung SDI said on the 21st that it signed a memorandum of understanding (MOU) on the 20th at its Giheung plant with the Korea Electrical Safety Corporation (KESCO) for the "development of battery-related industries such as energy storage systems (ESS) and uninterruptible power supplies (UPS)."
The agreement was pursued to proactively lay the safety foundation of the growing ESS market in line with the government's key national task of a "renewable energy-centered energy transition" and the 11th Basic Plan for Long-term Electricity Supply and Demand.
The agreement includes: ◎ identifying safety management policies for facilities such as ESS and preparing improvement measures to strengthen safety; ◎ jointly developing manuals to prevent accidents and building an interagency response system; ◎ encouraging voluntary participation by stakeholders in installing manufacturer remote monitoring devices and fire suppression systems; ◎ and training specialists and facilitating technology exchanges.
Choi Joo-sun, chief executive of Samsung SDI, said, "This agreement will serve as an opportunity to extend Samsung SDI's technology leadership into social responsibility," adding, "We will work to enhance product safety through close cooperation with the Korea Electrical Safety Corporation (KESCO)."
An official at the Korea Electrical Safety Corporation (KESCO) said, "Samsung SDI is a market-leading company that won about 80% of the total order volume in the recent, first-ever domestic long-duration ESS central contract market bid," and added, "We expect the agreement to establish an effective ESS accident prevention system."