CEO of KNESS Group Sergii Shakalov took part in the Ukrainian-Swiss Business Hub as part of the Ukrainian Recovery Conference dedicated to the issues of Ukrainian transformation, recovery and future prospects.
During 2 days in the city of Lugano, key representatives of Ukrainian and Swiss business, ministries and international organizations discussed the priority areas of post-war recovery and needs in the sectors of economy, society, energy and environment.
During his speech at the discussion panel “Energy: energy sources and projects for efficiency, security and independence” Sergii Shakalov shared a strategic vision of energy decarbonization, solutions to overcome existing challenges, outlined potential tools without which it is impossible to perform the energy transition.
“The country is in a state of war. This new reality makes us quickly solve the acute problems that currently exist in the energy sector of Ukraine, and also to think about the future. That is, today we need to work on solutions that will ensure energy security, reduce the use of fossil fuels, and develop technologies that will create an opportunity to take an important step towards the energy transition and bring the country closer to 100% Renewable,” mentioned Sergii Shakalov.
Keynotes of the speech:
- Pressing challenges: providing energy infrastructure for the operation of relocated facilities from the east and south of Ukraine.
- Possibility of creating Small Distribution Systems (SDS) for the electricity supply of industrial parks in Ukraine. This model will provide electricity to relocated facilities that will be able to become participants in industrial parks, and will also promote the development of existing and the creation of new parks, ensuring their access to electrical grids.
- Long-term challenges: energy security, energy independence from fossil fuel sources, increasing the flexibility of the energy system, the need for the development of new carbon-neutral energy technologies.
- Increasing the volume of renewable energy sources by creating new balancing capacities. For this, it is already necessary to develop innovative technologies, for example, redox, and to develop long-term electricity storage systems based on them. It is the redox flow battery that is a tool for ensuring an effective energy transition.
The event is organized by Ukrainian-Swiss Business Association and Schweizerischer Gewerbeverband sgv.