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New rules open doors for energy storage firms in South Korea

Wed, 02/03/2016 - 14:19 -- Paul Crompton
New rules open doors for energy storage firms in South Korea

A decision by South Korea to relax power distribution regulations in the country could open the gates for energy storage companies seeking new markets.

Local law insists the State-run Korea Electric Power Corporation (KEPCO) is the exclusive power distributor, but this will change in July when the government eases regulations to allow companies and individuals to buy and sell electricity.

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