SEOUL, South Korea, March 7, 2016 /PRNewswire/ — Kokam Co., Ltd, the world’s premier provider of innovative battery solutions, today announced that it has successfully deployed two Lithium Nickel Manganese Cobalt (NMC) Oxide Energy Storage Systems (ESSs) – a 24-megawatt (MW) system / 9-megawatt hour (MWh) and a 16 MW / 6 MWh system – for frequency regulation on the South Korean electricity grid. The 24 MW system is the largest capacity Lithium NMC ESS used for frequency regulation in the world.
Operational since January 2016, the two new systems, along with a Kokam 16MW / 5MWh Lithium Titanate Oxide (LTO) ESS system deployed in August 2015, provide South Korea’s largest utility, Korea Electric Power Corporation (KEPCO) [NYSE: KEP], with 56 MW of energy storage capacity for frequency regulation. These three systems are part of the world’s largest ESS frequency regulation project, which is scheduled to have deployed 500 MW of battery-based energy storage when it is completed in 2017.
Recent Comments