The South Korean government has declared its intention to help its home industries win 30 percent of the global smart grid market, Reuters reported Friday. But to start, the government will spend a relatively small 37 billion won ($32 million) to test smart grid systems from a consortium including SK Telecom (SKM), LG Electronics (LGERF.PK), Hyundai Heavy Industries (HYHZF.PK) and national utility Korea Electric Power Corp., or KEPCO (KEP).
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Monday 23 November 2009
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