The Busan Metropolitan City (Mayor Park Heong-joon) announced that it has been selected for the 2025 Regional Future Energy Ecosystem Support Program by the Ministry of Trade, Industry and Energy (Korea Energy Agency). The winning proposal, titled Smart City-Specific Integrated Distributed Energy Management Platform, was submitted by a consortium led by the City and energy companies FORDREAM Co., Ltd. and BATTERFLY Co., Ltd.
The project aims to build an integrated management system tailored to Busan’s smart city characteristics and to expand the infrastructure required for the adoption of renewable energy sources.
Key project elements include:
1.Development of a Distributed Energy Integrated Management Platform
○Real-time monitoring of distributed energy systems
○Power trading systems including direct transactions within designated zones
○Renewable energy output forecasting
○Power sales using stored electricity
2.Infrastructure Development for Distributed Energy
○Installation of Energy Storage Systems (ESS)
○Deployment of data collection devices for distributed energy resources
The project will run from May to December 2025, with a total investment of KRW 1.9 billion (KRW 840 million in national funding, KRW 530 million from the City, and KRW 530 million from private partners).
The project will be implemented in Gangseo-gu, including Eco Delta City, a key smart city development area. The City also plans to use this initiative to support its application for official designation as a Distributed Energy-Specialized Zone, alongside its efforts to attract high-value industries and strengthen its position as a hub for advanced energy technology.
Through the ESS infrastructure, surplus electricity generated in Eco Delta City and nearby industrial areas can be stored and traded across regions as needed—helping minimize waste and stabilize the power grid.
ESS (Energy Storage Systems) store distributed energy in battery form and release it during peak demand times, reducing load stress on the grid and improving overall energy efficiency. Busan plans to gradually expand these green energy infrastructure systems.
Mayor Park Heong-joon stated,
“In addition to this project, Busan is working to secure official designation as a specialized distributed energy zone. Through initiatives like this, we aim to enhance industrial competitiveness and accelerate our transition into a clean energy city aligned with carbon neutrality goals.”
This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.
Translated by AI
Link to Busan press releases in Korean