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Ochang ESS - LG Chem

Technology Type Lithium Iron Phosphate Battery
Rated Power 1500 kW
Duration at Rated Power (HH:MM) 0:15.00 / 4.67
URL More about Ochang ESS - LG Chem
LG Group is working on accelerating the success of its energy solution products by installing them in its factories. The conglomerate aims to insert solar energy panels on the roofs of 19 of its factories and also plans to equip LG Chem plants in Iksan, North Jeolla, and Ochang, North Chungcheong, with efficient energy storage systems (ESS). LG believes that establishing and operating these products in its own plants will help it to manage energy efficiency while gaining the trust of potential clients. http://koreajoongangdaily.joins.com/news/article/Article.aspx?aid=2987055
This data has been validated by project staff through a review of publicly available information about the project, and verified by the project owner. Information is accurate as of 2016-04-29.
Project Status
Status Operational
Project Includes Multiple Systems No
Siting
Location

Ochang, North Jeolla
Korea, South

ISO/RTO N/A
Utility Type
Paired Grid Resource
Project Includes Multiple Systems No
Ownership & Value Chain Partners
Ownership Model Customer-Owned
Equity Owner 1 LG Chem
Energy Storage Technology Provider LG Chem
Power Electronics Provider LG Chem
Integrator Company LG Chem
O&M Contractor LG Chem
Developer LG Chem
Cost & Performance
Performance LG Chem expects energy related cost to be cut up to 4 hundred million KRW with the newly constructed large capacity ESS.
Benefits
Service Use Case Electric Bill Management with Renewables
Resiliency
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