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KUBS News
The final lecture of the IBRE Business Insights Series was held at the LG-POSCO Building on December 5 (Thu). The IBRE Business Insights Series is a project to present new perspectives on education and research to KUBS members, and is carried out every semester with topics including economic outlook and industrial analysis. Kim Young-woo, chief manager of SK Research Center, was the speaker.
Chief manager Kim Young-woo explained the fourth industrial revolution and smart city in the first part under the theme of “2020 Industrial Analysis: Battery Industry." "Smart City, the concept of new city that will drive the new industrial revolution, has a power shortage issue," Kim said. "This is an important issue in expanding the data center along with increasing electricity consumption for home and industrial use." He added, "We need to closely watch the battery industry to cope with these essential electricity supply problems. Although ESS may not be a fundamental solution, but it could be a way to address much of the imbalance in demand for electricity during the day and night."
In the second part, Kim continued to explain the power shift in the global secondary battery industry. "Next-generation batteries can have competitive edge only when they are equipped with high-capacity, light-weight and high-quality electric vehicles," Kim said. "The number of electric vehicle models, increased sales, and lower battery prices will create a synergy." Referring to Toyota’s plan to launch vehicles equipped with solid-state batteries, he added, "The limitations of existing lithium batteries have raised the need to develop next-generation secondary batteries and solid-state batteries, and carmakers in major countries are also announcing plans to develop them."
IBRE Business Insight Series for semester has been concluded, and the series will be held for three consecutive weeks in the spring semester of 2020.
Chief manager Kim Young-woo explained the fourth industrial revolution and smart city in the first part under the theme of “2020 Industrial Analysis: Battery Industry." "Smart City, the concept of new city that will drive the new industrial revolution, has a power shortage issue," Kim said. "This is an important issue in expanding the data center along with increasing electricity consumption for home and industrial use." He added, "We need to closely watch the battery industry to cope with these essential electricity supply problems. Although ESS may not be a fundamental solution, but it could be a way to address much of the imbalance in demand for electricity during the day and night."
In the second part, Kim continued to explain the power shift in the global secondary battery industry. "Next-generation batteries can have competitive edge only when they are equipped with high-capacity, light-weight and high-quality electric vehicles," Kim said. "The number of electric vehicle models, increased sales, and lower battery prices will create a synergy." Referring to Toyota’s plan to launch vehicles equipped with solid-state batteries, he added, "The limitations of existing lithium batteries have raised the need to develop next-generation secondary batteries and solid-state batteries, and carmakers in major countries are also announcing plans to develop them."
IBRE Business Insight Series for semester has been concluded, and the series will be held for three consecutive weeks in the spring semester of 2020.