Energy Pool Signed a Business Startup Agreement With Hyosung

Last November, South Korea launched a Demand Response program one of the most ambitious in the world, by contracting 1500 MW of flexible loads which could be activated by KPX (Korean Power Exchange). Energy Pool, the biggest demand response expert in Europe, managing demand response capacity across various industrial sectors has already launched its activity in Japan in 2014. Energy Pool intends now to become a key player on the Korean Market. Hyosung, a diversified industrial conglomerate is a significant market player in the electricity sector and has also high ambitions regarding Demand Response. With their complementary expertise, Energy Pool and Hyosung signed today a Business Startup Agreement to enter jointly into the newly created Demand Response market in 2015.