The Bitgaram International Exposition of Electric Power Technology 2024 (BIXPO 2024), hosted by Korea Electric Power Corp. (KEPCO), successfully closed off its a three-day run at the Kimdaejung Convention Center in Gwangju.
The event ran from Nov. 6 to Nov. 8, attracting 20,000-odd spectators.
BIXPO 2024 marked the 10th rendition, displaying current and future technology trends in the overall energy sectors.
A KEPCO official said, “The world’s top and first new energy technologies have been displayed to receive good reception from experts and spectators, and the event has served an opportunity to suggest future directions of an energy shift era under core themes of DC power network technologies and explore diverse innovative solutions.”
KEPCO declared “DC Vision” and a new paradigm shift of the energy industry through the inauguration of “K-DC Alliance” during the expo.
The event offered many things to see, such as “One-KEPCOP Pavilion,” displaying the latest technologies, such as MVDC and LVDC, and DC Experience Pavilion, and other pavilions and conferences.
An event to unpack new technologies, the first of the expo, was attended by eight unicorn and large-sized companies with innovative technologies.
Major energy companies showcased the latest technologies related to AI and eco-friendly power networks. Some were LS ELECTRIC, LS Cable & System, Hyundai Electric, AMOGY, Standard Energy, Fornatures and Korea Mobility.
One hundred and fifty-two Korean and foreign companies set up specialized booths, such as “One-KEPCO Pavilion,” “e-New Technology Specialization Pavilion” and “DC Experience Pavilion.”
Exhibitors, such as industry, academic and research institutions, including group subsidiaries and unicorn companies, gave deep insight into future energy innovation visions.
Spectators at the One-KEPCO Pavilion were given a chance to peer into next-generation technologies, such as DC power networks, intelligent digital power plants (IDPP) and comprehensive preventive diagnosis system (SEDA).
They encompassed KEPCO, KOSPO, KOMIPO, KOWEPO, EWP and KOEN, KHNP, KEPCO E&C, KEPCO KPS and KEPCO KDN and KEPCO NF.
BIXPO 2024 international conferences offered seminars and forums with 40-odd diverse themes, which examined future strategies of the global energy industry.
KEPCO Strike MOU with LS ELECTRIC to Build Collaboration Model
Korea Electric Power Corp. struck an MOU with LS ELECTRIC to build a collaboration model in the power equipment preventive diagnosis sector for the stable operation of power facilities and the acceleration of digital transformation.
They agreed to promote mutual cooperation on the sidelines of BIXPO 2024, which took place at the Kimdaejung Convention Center in Gwangju, on Nov. 6.
Both sides plan to develop a new integrated solution combining SEDA, developed by KEPCO and comprehensive maintenance system (CMS), developed by LS ELECTRIC and enter the Korean and foreign markets through the development.
SEDA is a precautionary system designed to prevent glitches by comprehensively analyzing equipment diagnosis data and equipment information acquired through online preventive diagnosis equipment and examining real-time conditions.
KEPCO has installed the system into the field using related equipment operation big data and AI algorism the power company has accumulated since 2021.
The power company has raised its reliability by making the most of the operational knowhow it has accumulated over several years, and verified the excellence of its performance.
CMS, developed by LS ELECTRIC, is an integrated operational diagnosis system employing AI-enabled fault evaluation algorism and field operation library to detect abnormality of equipment fast through real-time monitoring of power facilities.
Senior Executive Vice President Suh Chul-soo, in charge of power grids at KEPCO, said, “It is significant to not only promote conventional technology exchanges and work cooperation but also build business models through the development of new integrated solutions.”
“KEPCO will not only develop high-quality solutions through cooperation with the private sector company and bring profit to both sides through market entry, but also do its utmost to play a bigger role through the building of the ecosystem of the preventive diagnosis sector,” he said.
KEPCO plans to build a successful cooperation model in the preventive diagnosis sector and continue to expand collaboration projects with the private sector company.
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