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Jeju to get even smarterSmart technologies to fuel economic growth, say experts
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¡ã Wind power is central to Jeju's 2030 carbon-free bid. Photo courtesy Jeju Special Self-Governing Province

Governor Won Hee-ryong announced the Jeju Smart Island Plan to the Convergence Industries Foundation Seminar to develop Jeju into a world-class smart island. The event on Aug. 28 saw experts in ICT and green technologies present plans for Jeju’s future growth.

The Convergence Industries Foundation was founded to boost jobs and economic growth through increased convergence between Jeju industries by increasing understanding of how business could benefit from convergence technologies and ICT.

The plan announced by the governor emphasized the importance of utilizing software and ICT technologies to make Jeju a stepping stone for world-class convergence within the agriculture and fisheries industries.

Governor Won also hopes to see the exploitation of ICT technologies for green growth to add value to Jeju products so the province can add to its marketing value as the home of cutting-edge and environmentally-friendly businesses.

To ensure success, Kim Seong-tae. the president of the Convergence Industries Foundation, says Jeju should benchmark successful models from other regions and collaborate with relevant institutes and groups.

The initiative would also see the conti-nuation of the global convergence smart grid test-bed in Jeju City and its expansion elsewhere.

The president of the Jeju Economy and Business Department, Kang Seung soo, released his department’s plans to make Jeju a world-class future energy industry model as part of a presentation titled “The New Future of Korea- Smart and Carbon-free Island.”
 

   
 

By the end of this year, the smart-grid testbed on Gapado will be slowly expanded across the whole of Jeju province. By 2017 this expansion is expected to be complete, encompassing the whole island by 2020, including increased renewable energy use and growth in associated industries such as the smart grid, electric vehicles, and wind power.

By 2019, 50 percent of electric energy will be supplied by 1 GW offshore-wind power farms; wind power will supply all of the province’s energy by 2030 when 2 GW offshore wind farms will be operational. 350 MW onshore wind farms and 100 MW solar energy installations will also increase renewable energy use.

By 2030, the third stage, the whole island will be carbon free and a global model for green growth cities everywhere. In terms of electric vehicles, by 2017 there will be 29,000 in the public sector, with 94,000 for public transportation by 2020, with 371,000 private vehicles on the road by 2030.

Once these plans are completed, Jeju can expect a 90 percent reduction in reduced greenhouse gas emissions and 35.4 billion won in annual profits through sales of 5,561 GWh of new renewable energies. To ensure these targets are reached there will be over 19 trillion won investment in the industry with 40,000 new jobs projected.

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