![H. Yoo](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2995_1712926912.png)
Newly installed peak shaving ESS capacity South Korea 2017-2022
Over 230 megawatt-hours worth of capacity of new energy storage systems (ESS) were installed for the purpose of peak load shaving in South Korea in 2022. Figures have declined from 2018 when newly installed capacity stood at over 2.4 gigawatt-hours. Investment in energy storage systems in the country drastically declined in the last couple of years, partly due to concerns of fires related to ESS facilities.