The state-run Korea Power Electric Corp. said Wednesday it will push for connecting the electricity network between South Korea and Russia as part of its "Northeast Asian super grid" project involving China and Japan.
KEPCO CEO Cho Hwan-eik met with Alexander Galushka, minister for development of the Russian Far East, in Seoul on Tuesday to discuss ways to connect the two nations' electricity network via a direct current electricity cable along the seabed.
"South Korea and Russia will have to form a joint working group and road map to expand cooperation in the energy sector," Cho said in a release.
|The KEPCO headquarters in Naju, South Jeolla Province (Yonhap)|
KEPCO said the two sides shared the consensus that the cross-border energy project would be mutually beneficial and help ease tension in the Northeast Asian region.
The state power provider has already been working on a project to link an electricity grid with China's State Grid Corporation of China, Japan's SoftBank and Mongolia's energy development company Newcom.
The demonstration project is aimed at building a 2-gigawatt complex that can produce solar and wind power in Mongolia and a seabed power grid connecting the three nations.
The scope of the project has expanded to include Russia after President Moon Jae-in suggested a "Northeast Asia super grid" to enhance regional energy cooperation during an economic forum held in Vladivostok in September.
Last week, Cho said a preliminary study on the project that included Russia showed it is "feasible economically and technically." He encouraged diplomatic efforts to make progress in the project, which he saw "goes beyond economics." (Yonhap)