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Samsung SDI, KESCO Seal Safety Pact for Korea’s Expanding Energy Storage Market

A new joint task force will translate the agreement into on-the-ground safety manuals, response protocols, training.

Overview

  • Samsung SDI and the state-run Korea Electrical Safety Corp. signed an MOU on Oct. 20 to collaborate on strengthening safety across energy storage systems and UPS equipment.
  • The partnership covers policy development, co-authored accident-prevention manuals, coordinated emergency response systems, and promotion of fire suppression and remote monitoring installations.
  • A working-level council will draft and implement detailed action plans and establish a long-term framework for cooperation.
  • Officials frame the move as preparation for rapid ESS deployment under South Korea’s energy transition policies, including initiatives tied to the 11th Basic Plan for Electricity Supply and Demand.
  • KESCO cites Samsung SDI’s capture of about 80% of bids in the first long-cycle ESS contract of roughly 1 trillion won, as the next procurement round is reported to open later this month.