SK Innovation E&S is promoting its energy solution business to maintain the balance between power supply and demand, thereby enhancing the efficiency and stability of energy use.
SK Innovation E&S, which acquires Ensolve(formerly Busan-JungKwan Energy), plans to promote new energy solution projects such as smart network operation project (DERMS), ESS, VPP, and renewable energy O&M project based on its power distribution network.
Go Ensolve
SK Innovation E&S provides various business models such as demand management ESS, which reduces electricity bills by lowering the maximum power demand of large businesses such as factories, as well as ESS linked to renewable energy, which mitigates intermittency, which is an issue of renewable energy, and increases the prediction accuracy of power generation.
SK Innovation E&S is considering a small power brokerage business that recruits small power resources and mediates power and REC transactions to enter the VPP business.
SK Innovation E&S has acquired iPARKING, which operates the largest parking network in Korea, and is expanding its electric vehicle charging business centered on parking facilities.
SK Innovation E&S will provide easy and convenient charging services through various types of electric vehicle charging services that meet the needs of electric vehicle users.
SK Innovation E&S has acquired Key Capture Energy (KCE), an American grid solution company , in december, 2021. KCE integrates AI into ESS to stablize electric grid systems which may experience instability due to increase in use of renewable energy. The company is developing and operating ESS projects with a capacity of approximately 0.6GW mainly in New York and Texas. Acquisition of KCE will help SK Innovation E&S grow into a global top tier energy solution company.