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1/07/2011
Adica helps Illinois and Korea collaborate on Smart Grid Technology
Adica helps Illinois and Korea collaborate on Smart Grid Technology
The state of Illinois has received international recognition as an ideal partner for smart grid development and deployment. Global partners are attracted to the wide array of smart grid and renewable energy projects in Illinois and to the state's advanced research capabilities at national labs and universities. They want to develop and deploy emerging technologies in a part of the world that has a lucrative market conducive for smart grid implementation. International collaboration on smart grid solutions in Illinois is expected to stimulate economic development,reduce energy costs, improve electric grid reliability, and enhance environmental quality.
The Republic of Korea has also provided leadership in the area of the smart grid. In 2009, the Major Economies Forum (MEF) on Energy and Climate selected Korea to partner with Italy in spearheading international efforts regarding the advancement of smart grid technology. In consultation with MEF partners, the two countries prepared a technology action plan on smart grids, which stresses the importance of global collaboration to accelerate smart grid development and deployment.
In 2010, Illinois and Korea established a partnership to jointly develop and deploy smart grid and green technologies and business models. The January 2011 edition of IEEE Power & Energy Magazine introduces the growing Illinois Smart Grid Regional Innovation Cluster and highlights how Illinois and Korea are collaborating on market participation strategies for demand response, load control, electric vehicles, and integration of distributed and renewable energy resources.
Adica CEO Bruce Hamilton's contributions to the articles in the publication can be viewed at the following links:
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