Korea Electric Power Corporation signed an agreement with OpenAI on June 26 at Seoul National University. [Photo=Korea Electric Power Corporation]
Korea Electric Power Corporation (KEPCO) has partnered with leading artificial intelligence (AI) firm OpenAI to accelerate the AI transformation in the energy sector. KEPCO aims to take the lead in establishing global standards for energy AI.
On June 28, KEPCO announced that it signed a memorandum of understanding (MOU) with OpenAI on June 26 at Seoul National University to collaborate on AI transformation in the energy industry.
The agreement seeks to strategically combine KEPCO's world-class power system operation technology and infrastructure with OpenAI's AI capabilities to expedite the AI transition in the energy sector.
The two organizations plan to focus on joint utilization and promotion of AI technologies in the energy field, policy and technology exchanges, and innovation in power services and new business model development using generative AI.
With this partnership, KEPCO becomes the first public energy company in South Korea to collaborate with OpenAI. The company expects to solidify its position as a key player in leading global energy AI standards and to create a significant foundation for South Korea's ambition to become a top-three AI powerhouse.
KEPCO aims to drive AI innovation across all sectors by integrating its power data with the latest AI technologies, enhancing services for the public, and expanding its overseas operations.
Recently, KEPCO has focused on improving management efficiency through the dissemination of AI technology. Earlier, on June 26, KEPCO announced plans to establish a collaborative framework with the Korea Energy Engineering University (KENTECH), the Korea Electric Power Research Institute, and Siemens to respond to the spread of AI technology.
President Kim Dong-cheol stated, "As an organization with global-level power infrastructure operation capabilities and vast data, we will explore the potential innovations that AI can bring to the energy sector through this agreement. We will also continuously seek collaboration opportunities with related companies to develop the domestic energy AI ecosystem."
On June 28, KEPCO announced that it signed a memorandum of understanding (MOU) with OpenAI on June 26 at Seoul National University to collaborate on AI transformation in the energy industry.
The agreement seeks to strategically combine KEPCO's world-class power system operation technology and infrastructure with OpenAI's AI capabilities to expedite the AI transition in the energy sector.
The two organizations plan to focus on joint utilization and promotion of AI technologies in the energy field, policy and technology exchanges, and innovation in power services and new business model development using generative AI.
With this partnership, KEPCO becomes the first public energy company in South Korea to collaborate with OpenAI. The company expects to solidify its position as a key player in leading global energy AI standards and to create a significant foundation for South Korea's ambition to become a top-three AI powerhouse.
KEPCO aims to drive AI innovation across all sectors by integrating its power data with the latest AI technologies, enhancing services for the public, and expanding its overseas operations.
Recently, KEPCO has focused on improving management efficiency through the dissemination of AI technology. Earlier, on June 26, KEPCO announced plans to establish a collaborative framework with the Korea Energy Engineering University (KENTECH), the Korea Electric Power Research Institute, and Siemens to respond to the spread of AI technology.
President Kim Dong-cheol stated, "As an organization with global-level power infrastructure operation capabilities and vast data, we will explore the potential innovations that AI can bring to the energy sector through this agreement. We will also continuously seek collaboration opportunities with related companies to develop the domestic energy AI ecosystem."
* This article has been translated by AI.
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