Why is South Korea implementing a Bess frequency regulation project?

South Korea is in the midst of the world’s largest BESS frequency regulation project. The target is to install 500MW by 2017. In addition to enhancing the efficiency of the grid, installing BESS capacity will reduce KEPCO’s need for readily available spinning reserve capacity.

Why does South Korea need a public procurement service?

As the domestic market grows saturated, leading officials think that South Korea stands a chance to supply leading international organisations—such as the U.S. military, European cities, and ASEAN governments. What is the Public Procurement Service?

Why do we need e-procurement in South Korea?

In today’s world, national borders blur together. Major economic powers—the U.S., China, and the European Union—no longer compete with regional players. Even public procurement has gone global. And as a direct result of our international e-procurement systems, its low costs and innovative proposals that win contracts. Enter South Korea.

Does BSR support Korean SMEs?

In 2021, BSR-backed SMEs exported more than US$10mn in public procurement to the U.S., Europe, and other international organisations. Clearly, there are multiple lines of support for Korean SMEs. But we still must ask...

How has the Bess programme changed local content requirements?

For the BESS programme the government has lifted many of the stringent local content requirements that normally apply to state-driven capital projects – such as, for example, the national Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

Why are Eskom Bess projects so short?

“The fact that the initial BESS projects have unusually short lead times to completion works to the advantage of local suppliers already in good standing with Eskom, as their already approved products are saved from the time-consuming design and approval processes which many overseas suppliers will be obliged to go through.