On 19 November 2024, the Hungary-Korea Energy Industry Workshop was held at the Hilton Hotel in Budapest with the participation of Hungarian and Korean energy industry experts, government representatives, delegates from leading companies and research institutions, as well as the Hungarian Battery Association. The aim of the event was to discuss the current challenges and opportunities of energy cooperation. It also provided an opportunity for the Association to strengthen its position internationally and actively contribute to shaping the future of the energy industry.
Among the topics discussed at the workshop were the development of small modular reactors (SMRs) with the possibilities for cooperation, the coordination of energy policies between the two countries, and the use of renewable energy sources. It also highlighted the importance of hydrogen in the energy transition, as its widespread use can offer sustainable solutions in the long term, but still requires significant infrastructure development. Dr. Márk Alföldy-Boruss, Deputy State Secretary of the Ministry of Energy, and Kyu Dok Hong, Ambassador of South Korea to Hungary, as well as representatives of MVM and Korea Hydro & Nuclear Power, also spoke at the event.
Péter Kaderják, Managing Director of the Hungarian Battery Association, spoke about the development of Hungary's battery cell production capacity, its position in Europe and the role of batteries in the transition to electrification. He particularly stressed the importance of strategic cooperation with Korean companies. He also touched upon the current situation of the Battery Energy Storage System (BESS) market in the European Union and Hungary.
The Hungary-Korea Energy Industry Workshop was another step in promoting knowledge sharing and innovation and will further strengthen the economic and technological ties between the two countries. International partnerships such as this and others like it can make a significant contribution to solving energy challenges.
