GE Power has been awarded a $320 million contract and is working with the Korea Electric Power Corporation (KEPCO) to build a 4 GW HVDC transmission link for a power complex located east of Seoul. The new plant is needed because the country experienced about 35% growth in energy demand in the last decade. The new project will improve the stability and the reliability of the South Korean electrical transmission grid by adding new routes for its power supply. What do you think of South Korea’s plans?
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