- The most noticeable plan in Korea¡¯s Smart Grid project is the construction of a Smart Grid
  Test-bed in Jeju Island. The Korean government selected Jeju on June 2009 as the location
  for Smart Grid Test-bed.

- Jeju Smart Grid will become the world¡¯s largest Smart Grid community that allows the testing of
  the most advanced Smart Grid technologies and R&D results, as well as the development of
  business models.

- A total of 64.5 billion won will be invested between 2009 and 2013. About 10 consortiums in
  five areas will participate in testing technologies and developing business models.