South Korea Smart Grid Investment


A nationwide smart grid is to be built by 2030, receiving a staggering $7.18 billion investment from South Korea’s state-run Korea Electric Power Corp (KEPCO), in an attempt to “curb the country's carbon emissions and improve efficiency in its electricity market.”  There have been various greening efforts in South Korea such as 131-acre rooftop gardens; electric scooters for local police etc.
Ultimately the smart grid will provide for more efficient power distribution and maintenance.  Consumers are able to participate in a more active role to determine power usage via home appliance monitoring and direct grid feedback.