SUNGKYUNKWAN UNIVERSITY (SKKU), SEOUL, KOREA

The completion ceremony for the Smart Energy Campus was held on April 23^rd at the Natural Sciences Campus. Vice President Sungjin SONG, Director Jonghwan LEE (Korea Electric Power Corporation, hereafter KEPCO), President Sunghwan BAE (KEPCO-ES), and many other key figures joined the ceremony to commemorate the successful completion of the SKKU Smart Energy Campus, which will become the foundation for the expansion of the K-SEM based energy efficient campus project.

K-SEM (KEPCO Smart Energy Management): Energy management technology that increases efficiency while decreasing cost by finding a perfect energy mix after analysis/control of electricity, gas, and heat usage of clients.

The Smart Energy Campus project is a coexistence business model between SKKU and KEPCO, which aims to decrease/save the cost of energy and use it in making investments. KEPCO-ES will make an up-front investment to construct energy efficient facilities and ESS (Energy Storage Systems).

SKKU established the agreement for the "Smart Energy Campus" project with KEPCO and KEPCO-ES on Sept. 19, 2018. Since then, it has promoted installing high-efficient LED lights and ESS to construct the K-SEM. With this project it is estimated that SKKU will save up to 1 billion KRW each year in energy and realize a perfect environment for energy efficiency.

Vice President Sungjin SONG said, "The completion of the SKKU Smart Energy Campus serves as a great momentum for the national project in the new energy industry. SKKU will continue to promote the energy efficiency project to become a standard model for using efficient energy."