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3/23/2010
South Korea to Cooperate with Illinois on Smart Grid Development and Deployment
South Korea to Cooperate with Illinois on Smart Grid Development and Deployment
In early 2010, the Illinois' Department of Commerce and Economic Opportunity (DCEO) and Korean Ministry of Knowledge Economy signed a formal agreement to jointly develop and deploy smart grid technologies and business models. Korean and Illinois businesses expect to develop effective partnerships for pursuing newly emerging markets that include demand response, electric vehicles, energy management, and advance battery technology.
Pictured members of Illinois’ delegation at the MOU signing ceremony, include: DCEO Director Warren Ribley, ADICA President & CEO Bruce Hamilton, Chicago 42nd Ward Alderman Brendan Reilly, CUB Executive Director David Kolata, and ISTC President & CEO Matthew Summy.
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