The Brief Introduction of Jeju Island Smart Grid Project, Korea Bruce Lee, ISGAN Secretariat March 6, 2014

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1 The Brief Introduction of Jeju Island Smart Grid Project, Korea Bruce Lee, ISGAN Secretariat March 6,

2 ISGAN in Context A mechanism for bringing high level government attention and action to accelerate the development and deployment of smarter electricity grids around the world. Sponsors activities that build a global understanding of smart grids, address gaps in knowledge and tools, and accelerate Smart Grid deployment Builds on the momentum of and knowledge created by the substantial global investments being made in smart grids Is organized as a task shared IEA Implementing Agreement (2011) Was launched as an initiative of the Clean Energy Ministerial (2010) Fulfills a key recommendation in the Smart Grids Technology Action Plan(released by Major Economies Forum Global Partnership, 2009) 2

3 ISGAN in Context ISGAN is formally organized as the IEA Implementing Agreement for a Co operative Programme on Smart Grids (ISGAN) ISGAN is managed by its Executive Committee (ExCo) Consists of representatives from all Participants Meets semi annually. Next meeting: Shanghai, China, March 31, 2014 ISGAN is supported by a Secretariat at the Korea Smart Grid Institute address: isgan@smartgrid.or.kr, ISGAN Website: isgan.org The ISGAN community includes representatives of governments, transmission and distribution system operators, national laboratories and research institutions, power generators, and more. 3

4 ISGAN Participants 25 Members Contracting Parties (25) IInvited to Join the IA Brazil, Denmark, Turkey Forschungszentrum Jülich GmbH Government of Belgium Government of United Kingdom Norwegian Ministry of Petroleum and Energy Swedish Energy Agency Tekes (Finnish Funding Agency for Technology and Innovation) Sustainable Energy Authority of Ireland Russian Energy Agency Government of the Netherlands, Ministry of Economic Affairs, Agriculture and Innovation Government of Korea Government of Canada U.S. Department of Energy Government of Mexico Government of France Union Fenosa Distribucion Ricerca sul Sistema Energetico (RSE S.p.A.) Government of Austria Swiss Federal Ministry of Science and Office of Technology Energy Department of High and New Technology Development and Industrialization Government of India Government of Australia New Energy and Industrial Technology Development Organization (NEDO) 4

5 Project Overview Jeju Smart Grid Project 5

6 What we have done? Technology Verification 6

7 What we have done? Business Model Verification 7

8 Interim Evaluation Technology Item Before (~2009) Surveyed ( ) Anticipated ( ) Smart Power Grid Smart Consumer Smart Transportation Smart Renewables Smart Electricity Service Total

9 Interim Evaluation Business Model Business Model Item Smart Consumer Domain Business Model 1 Electricity Resale Service 2 Demand Response Service 3 Retail Market Service 4 Virtual Power Plant Service Smart Transportation domain Other Domains 1EVChargingService 2 Mobile Charging Service 3 EV Rental Service 1 Energy Usage Consulting Service 2 Load Leveling & Power Quality Improvement 9

10 What s Next? Korea Smart City Smart Grid Pilot Deployment after Jeju island project Project noticed & Application submission ~ Feasibility Study ~ ~9 Current Status 7 Cities are involved 8 Consortia applied Project Start (PMO: KSGI) From early 2015 Expected Duration: 3 years (2016~2021) Note: Above schedules are subject to change 10

11 ISGAN Resources ISGAN Website (New!): isgan.org Three new white papers, released in April 2012, available. ISGAN Secretariat ISGAN Smart Grid Glossary Beta : Needs addition of content from around the world. Wiki platform easy to edit and augment. CEM Website: IEA page on Implementing Agreements: 11

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