The first working meeting on the North-East Asian Energy Ring Project was held on December 17, 2013.

Janusz Bialek, Director of Skoltech’s Center of Energy Systems, and Ivan Bogdanov representing the Department for Cooperation with Industry took part in the first working meeting on the North-East Asian Energy Ring Project (South Korean section). The meeting was also attended by Alexander Sergeyev, Managing Director, Energy&Power Business, En+ (Russian energy company); Park Kab-Ho, General Director, Global Grids, KEPCO (Korean energy company); Jeong Kyu Won, Senior Manager,  KEPCO; and Jeong Gue Jae, Korean Energy Economic Institute; as well as representatives of Russia’s Ministry of Energy. The MIT-Skoltech Initiative was represented at the working meeting by Ranaan Miller, Managing Director, MIT Energy Initiative, who shared their experience in implementing similar projects at the Massachusetts Institute of Technology (MIT). Also, Skoltech was represented by Ksenia Kushkina – assistant professor (Energy Science and Technology course). Besides, representatives of several Russian energy companies such as RusHydro, Inter RAO, System Operator, RAO ES, and Schneider Electric, which plan to join the project in the near future, participated in the discussion.

At the first working meeting, the parties expressed their views on the development of the North-East Asian Energy Ring Project and also identified the initial alternatives for its implementation.

Following the meeting, Skoltech launches the development of possible energy supply alternatives, its routes, quantities and format, and will also proceed with the development of the North-East Asian Energy Ring Project concept.

The next meeting on the project will be held within the International Scientific Conference on Energy Systems at Skoltech, scheduled to take place from 19 March 2014 to 21 March 2014 in Moscow.