By early 2020 the spending of 27.5 trillion won over the next two decades on smart grids was to make electricity distribution more efficient, reduce greenhouse gas emissions and save US$26 billion in energy imports.OverviewThe in constitute a platform that is re-imagining electricity grids, equipping it with. is more robust and developed than in almost any other country, with gigabit wired service being common even in fairly rural areas. Accordingly, Korean initiatives in and largely. , as of 2014, planned to "spend US$155 million between 2015 and 2017 on developing technologies that will reduce spending on power, as well as boosting energy saving and efficiency" and set 2030 as the dat.