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.
Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022
(in megawatt-hours)
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MOTIE (South Korea). (October 31, 2023). Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022 (in megawatt-hours) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/
MOTIE (South Korea). "Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022 (in megawatt-hours)." Chart. October 31, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/
MOTIE (South Korea). (2023). Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022 (in megawatt-hours). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/
MOTIE (South Korea). "Status of Newly Installed Domestic Peak Load Shaving Energy Storage System (Ess) Capacity in South Korea from 2017 to 2022 (in Megawatt-hours)." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/
MOTIE (South Korea), Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022 (in megawatt-hours) Statista, https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/ (last visited December 19, 2024)
Status of newly installed domestic peak load shaving energy storage system (ESS) capacity in South Korea from 2017 to 2022 (in megawatt-hours) [Graph], MOTIE (South Korea), October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1473389/south-korea-newly-installed-domestic-peak-load-shaving-energy-storage-system-capacity/
