Korea Electric Power Corporation (KEPCO), South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed the ‘Future Micro Grid’. Revealing the information in an announcement posted on its website on November 18, KEPCO President and CEO Kim Jong-gap stated that the proposed ‘KEPCO Open MG’ framework will create an ‘open energy community’ that will bring together elements of existing microgrid technology with a blockchain implementation.
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