• Mon. May 20th, 2024

KEPCO partners with Kyrgyzstan to advance energy technology

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May 10, 2024

Korea Electric Power Corp. (KEPCO), a state-run utility company, has partnered with Kyrgyzstan to explore new energy opportunities, including high-voltage direct current (HVDC) transmission. The two countries are working together on renewable energy projects. KEPCO’s President and CEO Kim Dong-cheol and Kyrgyzstani Minister of Energy Taalaibek Ibraev signed a memorandum of understanding in Seoul to collaborate on HVDC transmission, advanced metering infrastructure (AMI), and advanced distribution management system (ADMS. They plan to conduct feasibility studies and work on demonstration projects related to official development assistance (ODA).

Kyrgyzstan, which relies on hydroelectric power for over 80% of its electricity needs, is eager to enhance the quality of its electricity by partnering with global energy companies. The country is seeking joint project development in the power sector to improve its cooperative relations with other countries, such as South Korea. Minister Ibraev met with South Korean Minister of Trade, Industry, and Energy Ahn Dukgeun to discuss potential cooperation in renewable energy. Ahn expressed interest in having South Korean companies with expertise in solar photovoltaics and wind power contribute to Kyrgyzstan’s renewable energy sector.

The collaboration between KEPCO and Kyrgyzstan aims to share their experiences in power business growth and work on new energy projects such as HVDC, ADMS, and AMI. They plan to form a working group to select development targets and expand their businesses through feasibility studies and demonstration projects. Through this partnership, Kyrgyzstan hopes to improve its electricity quality and establish a foundation for sustained cooperation with South Korea and other countries.

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