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OCI will partner with Oxford to develop ESS for solar-powered microgrid

Whowired News Team  |  press@whowired.com
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듅씤 2015.06.25  17:20:48
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OCI, a leading green energy company in South Korea, will cooperate with top universities in and out of the country in its efforts to acquire core technologies in microgrid and the energy storage system (ESS) markets.

The company said on Thursday that it will launch an industry-academic partnership project with Hanyang University in South Korea and Oxford University in the UK to jointly develop a decentralized Energy Management System(dEMS) optimized for small-scale distributed solar energy generation systems till October 2017.

Under the government-supported project, OCI will provide 20kWh Vanadium Redox Flow Battery (VRFB)-based ESS and related solar energy generation systems. Oxford University will be in charge of developing dEMS, and Hanyang University will take a role to improve the efficiency of the power management system of dEMS by analyzing electronic-chemical characteristics of VRFB.

OCI said the purpose of the project is to stabilize traditionally unstable power out of distributed power generation systems and to develop a linkage-system between solar power generation and ESS with an ultimate goal to resolve limits in establishing micro-grid systems on islands and in mountainous regions. 

According to Navigant Research, a renewable energy market research firm, the global ESS market for microgrid is estimated to grow rapidly from 1100MW worth of $765 million in 2015 to 9760MW worth of $3.29 billion in 2022. 

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