The Ukrainian delegation from Ukrhydroenergo visited the Republic of Korea to discuss prospects for cooperation in the energy sector
From July 5 to 7, the delegation of Ukrhydroenergo, headed by Chairman of the Supervisory Board Valentyn Gvozdiy, Supervisory Board member Vitaliy Kushnirov and Head of the Technical Support Department for Innovative Projects of Ukrhydroenergo Andriy, Lets, met with representatives of Korean business and government.
The World Bank organised the visit of the Ukrainian delegation with the support of The Korea Green Growth Trust Fund (KGGTF).
The purpose of the visit was to help overcome the devastation in the Ukrainian energy sector caused by Russian aggression and to seek opportunities for additional cooperation in energy development and infrastructure reconstruction. The Ukrainian delegation held several meetings with important government agencies and private companies in Korea.
"This visit is of great importance for Ukraine," said Valentyn Gvozdiy, "We held productive talks with our Korean colleagues that can lead to concrete results that will help us in the reconstruction and modernization of our company."
The cooperation between Ukrhydroenergo and the Korean energy sector should play an essential role in the restoration and development of the Ukrainian energy system, especially in actively implementing energy storage technologies and solving the problem of power system flexibility.
During the meetings, potential ways of partnership were discussed, including the supply of high-voltage transformers and switches, which are essential for the restoration of power plants.
The Korean side also allowed Ukrhydroenergo's representatives to inspect modern energy facilities, including those built underground and protected from military attacks.
Vitaliy Kushnirov noted: "Cooperation with our Korean partners is an important step in stabilising our power system and restoring its normal functioning after the destruction caused by the war."
Ukrhydroenergo expresses its profound gratitude to the government and industrial sector of the Republic of Korea for their active position and willingness to cooperate to restore and develop the Ukrainian energy sector.
"This partnership will positively impact the future of Ukraine's energy sector," said Andriy Lets. "We are grateful to our Korean colleagues for their assistance in finding the best technologies and solutions for our company."
At the end of the visit, the Ukrhydroenergo delegation expressed confidence in the positive prospects of cooperation with Korean partners and faith in the speedy restoration and modernisation of Ukraine's energy system.