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Alstom Grid Energises Jeju Island in South Korea - Alstom Grid has successfully energised the second High Voltage Direct Current (HVDC) turnkey project in South Korea, following the first also delivered by Alstom in 1997 - Alstom.com
Alstom Grid Energises Jeju Island in South Korea

 

PRZOOM - /newswire/ - Jeju, Korea (South), 2014/07/07 - Alstom Grid has successfully energised the second High Voltage Direct Current (HVDC) turnkey project in South Korea, following the first also delivered by Alstom in 1997 - Alstom.com. FR0010220475; ALO

   
 
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The newly energised project, awarded in 2009, establishes a 400 MW HVDC bi-directional transmission line between Jindo and the island of Jeju.

With 50 million people, South Korea is an energy-intensive nation, ranked eleventh worldwide in total energy consumption[1]. Yet, it imports 82 per cent of the total energy it consumes. Since 2006, the Korean government has developed new energy policies to become more energy independent, meet growing demand and increase energy efficiency.

Jeju Island is located 100 km south of the peninsular mainland at 73 km wide and 41 km long. Known as the country’s honeymoon and holiday destination, the island previously operated on an independent electric network; it faced frequent blackouts and unstable power supply due to the network’s lack of efficiency and low power capacity.

“Alstom supplied the first HVDC link at 300 MW between Jeju Island and the mainland in 1997. This second project, first of its kind at a power capacity of 400 MW in South Korea, demonstrates the Alstom’s efficient commissioning management, and commitment to continuous innovation in the high voltage energy management,” said Patrick Plas, Senior Vice President Power Electronics & Automation for Alstom Grid.

Alstom’s HVDC technology is well-aligned with Korea’s ambition for a low-carbon economy, and is essential to carrying large amounts of power across long distances, with minimal losses. The new HVDC link is designed to be bi-directional, where power flow goes in both directions between the mainland and Jeju Island. This ensures that increasing renewable power on Jeju Island will be integrated for mainland use.

The global HVDC market is expected to grow by €40 billion between now and 2020. In 2013, Alstom and Korea Electric Power Corporation (KEPCO) created the KEPCO Alstom Power Electronics Systems (KAPES) joint venture to deliver HVDC projects in Korea. The venture focuses on increasing Korean transmission grid capabilities based on Alstom technology.

[1] International Energy Agency.

About Alstom
Alstom (alstom.com) is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked €21.5 billion in orders in 2013/14.

Alstom Grid has one clear vision: to develop innovative solutions for a flexible, reliable, affordable and sustainable electrical grid, everywhere. We design, manufacture, install and service the power transmission and distribution products and systems that empower the planet’s low carbon economy... for now and for the future.

Alstom Grid has over 130 years’ experience and ranks among the top three in the electrical transmission sector with an annual sales turnover of €3.8 billion. Alstom Grid’s 17,000 employees are spread across 87 manufacturing and engineering sites worldwide and have one common mission: be our customers’ trusted partner, from the source to the city.

We are energising a smarter world… with Alstom.

Press contacts
Aline Besselièvre / Elizabeth Wang (Alstom Grid)
T: +33(0)1 49 01 67 60 / 61 23
E: aline.besselievre[.]alstom.com / Elizabeth.wang-ext[.]alstom.com.

 
 
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Alstom Grid Energises Jeju Island in South Korea

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Alstom’s HVDC Technology | Alstom
Contact: Julie Khoo - Alstom Korea 
+65 6236 1575 Julie.khoo[.]alstom.power.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ALSTOM securities in any jurisdiction including any other companies listed or named in this release.

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