“GE recognises the importance of collaborating with technology and delivery partners to realise the promise of a smarter grid,” says Bob Gilligan, Vice President of GE Energy’s transmission and distribution business. “NURI’s products and global expertise, especially in advanced metering infrastructure (AMI), fit well with GE’s end-to-end smart grid capabilities.”

"As Korea continues to raise its global economic profile, the need for a complete set of smart grid solutions becomes more critical," adds Song-Man Cho, President and CEO of NURI Telecom. "We are excited about working with GE so that our complementary technologies can help deliver reliability and performance gains throughout Korea's energy infrastructure."

Korea is currently embarking on several Smart Grid initiatives, including the development of a smart grid road map and a smart grid pilot project on Jeju Island.