Business news from Ukraine

ENERGY MINISTRY AND KOREA’S KOKAM DISCUSS BUILDING ELECTRIC STORAGE FACILITIES

21 March , 2017  

KYIV. March 21 (Interfax-Ukraine) – Ukraine’s Minister of Energy and Coal Industry Ihor Nasalyk and the delegation of Korea’s Kokam have discussed the issue of building electric storage capacities, the ministry’s press service has said.
The ministry said the construction of such facilities in Ukraine would positively influence the integration of renewable energy sources into the energy system, make it easier to work in the conditions when the share of energy produced by nuclear power plants reaches 60%.
According to the ministry, now Ukrenergo and Free Energy Technologies are developing a pilot project for the creation of an electro-accumulating station.
As reported, previously the founder and CEO of Tesla, billionaire Elon Musk expressed readiness to build electric power storage systems in Ukraine at a price of $250/kW.
At present, Ukraine for energy accumulation uses only hydroelectric power stations, while Tesla and similar systems are based on “ordinary” accumulator batteries.