President Park Hyeong-goo of Korea Midland Power Co. (KOMIPO), Prof. Song Young-hwa of Kunkook University and related officials participate in a ceremony to inaugurate a committee on the implementation of KOMIPO New Deal Plan at KOMIPO headquarters on Aug. 7.

Korea Midland Power Co. (KOMIPO) announced “KOMIPO New Deal Master Plan,” calling for the establishment of a CEO-led action committee to brace for management environment changes in the post-COVID-19 era and comply with the government’s “Korean New Deal.”

The takeaways of the plan include the building of contactless infrastructure to brace for the work paradigm shift, the settlement of the 4th Industrial Revolution technologies, and a shift to green energies with a focus on new/renewal energy projects.

These are designed to create direct and indirect 73,000 jobs by making massive investments. They hold a subcommittee meeting to cover each of the four tasks, and also a monthly meeting designed to take stock of 39 detailed tasks.

KOMIPO President Park Hyeong-goo said, “Proactively working for work innovation and the expansion of new projects rather than drifting by rapid changes of the post-COVID-19 era is a public entity’s mission of providing public convenience and benefits.”

The plan is the power company’s expression of its determination to produce tangible achievements such as the reinvigorating of the national economy and job creation by mobilizing companywide capabilities in a short-term perspective, he said.

Among major tasks KOMIPO will implement are the power company’s shouldering a 20 percent portion of total investments into photovoltaic power and wind power plant projects involving people’s participating or 900 billion won to localize facilities and secure related new technologies, and structural work paradigm shift such as the utilization of operation experience-enabled big data platform and the complying with the government’s disclosing public data to the private sector.

Kim Ho-bin, head of KOMIPO’s technology safety division, Im Oh-shik, head of KOMIPO’s power environment department and President Kang Hee-myung of KIMIPO Technology Research Institute attend a ceremony of “KOMIPO AI Declaration.” (Photos: KOMIPO)

KOMIPO Holds ‘AI Declaration’ Ceremony

KOMIPO held a ceremony to mark the “KOMIPO AI Declaration,” calling for the establishment of seven AI-enabled platforms to cover the sphere of the power generation industry, including safety, environment and operation. The goal is expanding big data availability seven-fold.

The event took place at Hotel Mudrin Sapphire in Boryeong City, Chungcheongnam-do on July 30.

The declaration is designed to provide strong support to the Korean New Deal by enhancing the added values of digital technologies and the power industry paradigm shift into digital transformation to complement the whole process of digital value chain ranging from the nurturing of the AI industry to job creation.

The AI platforms, being divulged during the declaration, are expected to contain AI algorisms, essential for detecting images of workers’ dangerous acts, environment facility function prediction and energy efficiency.

Among those on hand at the event were Kim Ho-bin, head of KOMIPO’s technology safety division, Im Oh-shik, head of KOMIPO’s power environment department and President Kang Hee-myung of KIMIPO Technology Research Institute.