Smart grid — magic bullet solution

Korea has emerged as a powerhouse in many sectors ranging from shipbuilding, automobiles, steel manufacturing and consumer electronic devices, powered by the nation’s prowess in implementing advanced technology.

With its rapid awareness and the scarcity of natural resources ― Korea imports all of its coal, oil and gas ― the nation is looking to focus on “energy-saving systems’’ to prevent damage to its global competitiveness from external factors.

One new solution lies in a major initiative in “smart grid technology’’ in line with the government’s steady spending for green growth. A smart grid additionally utilizes wind and solar power, allows people to more easily report technical problems such as power outages and defends itself against cyber-attacks.

For full article see Korea Times.