Samsung Electronics and Korea Electric Power Corporation have joined hands to develop energy-saving solutions.

Samsung Electronics announced on the 28th that it signed a memorandum of understanding (MOU) with Korea Electric Power Corporation (KEPCO) to develop a 'home energy solution' based on electricity data.

The business agreement signing ceremony was attended by Park Chan-woo, executive director of Samsung Electronics' home appliance business division, and Kim Tae-yong, head of the digital transformation division at Korea Electric Power Corporation.

Through this agreement, Samsung Electronics will be able to present a solution that can substantially reduce energy consumption by integrating power data provided by Korea Electric Power Corporation with the 'Samsung SmartThings Energy' service.

Samsung Electronics and KEPCO also plan to expand their collaboration to develop various energy-saving solutions.

SmartThings Energy, which was first launched in May 2019, is a service that monitors the energy usage of Samsung home appliances linked to the SmartThings app in real time and analyzes user patterns to efficiently manage electricity usage.

There are a total of 12 types of home appliances that can be managed with SmartThings Energy, including air conditioners, air purifiers, refrigerators, kimchi refrigerators, washing machines, dryers, dishwashers, microwave ovens, ovens, robot vacuum cleaners, shoe dressers, and air dressers.

Applying the home energy data solution presented this time, SmartThings EnergyThrough the app, you can check daily, monthly, and hourly power consumption data, electricity bill information, and progressive rate levels for the previous day. It also provides daily power consumption by appliance.

It also provides a function that automatically controls the air conditioner to energy-saving mode when it is expected to reach a preset progressive level, thereby preventing excessive electricity bills.

It also includes a feature that uses smartphone location information to send a notification to a smartphone if the air conditioner is on when a family member is not at home, suggesting that the air conditioner be turned off.

The home energy solution service is scheduled to launch within the second half of the year, and households that have installed Korea Electric Power Corporation's AMI (Advanced Metering Infrastructure, intelligent remote metering device) electricity meters can register their customer number for 'Korea Electric Power Corporation Energy Marketplace EN:TER' in Samsung SmartThings Energy Service.

Park Chan-woo, executive vice president of Samsung Electronics’ home appliance business division, said, “Samsung SmartThings Energy has evolved into a true home energy service through collaboration with Korea Electric Power Corporation (KEPCO),” adding, “By combining KEPCO’s power data and Samsung Electronics’ IoT technology capabilities, we will provide consumers with a differentiated energy management experience.”