On December 16 2009 at 2:50 pm, Choi Kyung-hwan, Minister of Knowledge Economy, had a meeting related to "Smart Grid Demonstration Complex Convention" at the auditorium of Korea Electric Power Corporation (KEPCO). At the event, more than 100 high ranking business leaders such as Kim Ssang-su, KEPCO CEO; Oh Se-hyun, President of SK Telecom C&I; President of Korea Smart Grid Association (KSGA); President of Korea Institute of Energy Research (KIER); President of Korea Electrical Contractors Association (KECR); and the leader of Smart Grid Consortium participated. After the meeting, they signed the business convention related to the Smart Grid Demonstration Complex Convention.