American Superconductor Corporation, a leading energy technologies company, today announced at Hannover Fair 2009 that LS Cable Ltd. (LS Cable) has ordered approximately 80,000 meters (50 miles) of 344 superconductors, which is AMSC’s proprietary brand of second generation (2G) high temperature superconductor (HTS) wire. LS Cable will utilize the wire to manufacture a 22.9 kilovolt (kV) cable system that it will install in Korea Electric Power Corporation’s (KEPCO) commercial power delivery network near the city of Seoul in 2010. Founded in 1962 and based in Anyang, South Korea, LS Cable is Korea’s largest power cable manufacturer with nearly 8,200 employees worldwide and annual sales in excess of US$6 billion. This is the single largest commercial order for 2G HTS wire in the world.
This project builds on the success Korea’s Development of Advanced Power Systems by Applied Superconductivity technologies (DAPAS) program, which has provided more than $100 million in funding for the development and commercialization of superconductor systems. In 2006, LS Cable and the Korea Electrotechnology Research Institute (KERI) successfully tested a 30-meter, 22.9kV superconductor cable. In 2007, LS Cable and KERI completed testing of a 100-meter, 22.9 kV superconductor cable system. Both of these projects were powered by AMSC’s first generation HTS wire and funded by the DAPAS program.
– from phx.corporate-ir. 20 Apr 2009