KGID Jeju 2024 Grant Team Spotlight | Ukraine energy storage and ancillary services market development support

Korea Green Innovation Days (KGID) is a flagship knowledge-sharing event on Green Growth organized and funded by the World Bank Korea Green Growth Trust Fund (KGGTF). Now in its 13th edition, KGID has a rich history of facilitating the exchange of practical examples and innovative approaches to achieving sustainable development. 

Over twenty World Bank project teams, with representatives from client countries benefiting from KGGTF grants, will participate in this diverse gathering that highlights project impacts, real-life examples, and creative solutions from development practitioners, offering insights into innovative policies and technologies while fostering networking through pre-arranged bilateral meetings. 

Below is a spotlight of one of the grant teams attending KGID Jeju 2024.

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Ukraine circle imageGrant name: Ukraine energy storage and ancillary services market development support

Sector: Energy & Extractives

Grant Year: Year 10 (2022)

TTL: Koji Nishida, Senior Energy Specialist

Grant objective: To provide programmatic analytical and advisory support to Ukraine to develop resilient and, decarbonized , and battery energy storage technology inclusive power grid system through supporting enhance the flexibility of the Ukrainian power grid. 

Who are the intended beneficiaries?: Energy sector institutes in Ukraine including Ministry of Energy, National Energy and Utilities Regulatory Commission, Ukrenergo, and Ukrhydroenergo.

What K-Partners does your grant work with?

  • Korea Electric Power Corporation (KEPCO)Ug2

Have you attended KGID before?

  • 1-time

What do you hope to take away by attending KGID 2024?

  • Seek opportunities for green growth projects/investments, gain insights and knowledge into green growth agenda, and identify partnerships and networking with green growth experts for collaboration

Are there any interesting stories, insights etc. that you would like to share about your grant thus far? 

  • The grant identified a unique use case of battery storage for the power system grid.