SKK GSB, 'Investing in Climate, Investing in Growth' ICIG Forum
- SKKGSB
- Hit2533
- 2024-02-28
SKK GSB's forum on "Investing in Climate, Investing in Growth" was held at Sungkyunkwan University's International Hall on February 7th. The forum begins with Hyuntae (Harry) Kim’s lecture on " Upscaling of Wind Farms." Mr. Hyuntae Kim is the Project Manager of Tractbel Engineering GmH.
SKK GSB's perspective on climate change diverges from seeing it solely as a crisis but rather as an opportunity. The evolving landscape of climate change worldwide presents a canvas for technological innovation, fostering a corporate ecosystem. Climate change propels them to swiftly adapt and innovate for sustained growth. In the forum titled "Upscaling of Wind Farm," Mr. Hyuntae Kim illuminated the intricate challenges encountered by applying the business plan to the environmental dynamics inherent in wind farm projects domestically. His discourse offered profound insights into the entire Wind Farm Development Procedure, spanning from manufacturing processes to turbine installation and project completion.
Andrew Burger is a full-time MBA student who is from the United States, expressed that "Kansas is a much flatter state and therefore has built large wind farm complexes throughout the entire state. Currently, around 40% of its power grid is supplied by this wind power with wind turbine farms being located in the western part of the state. Any time I traveled to Colorado or beyond, there would be hours of driving past these large complexes and seeing large blades while traveling.”
Andrew asked a lot of enthusiastic questions during the lecture and shared “I asked about how the wind power construction firms have been dealing with the changes in the South Korea bond markets. It was interesting to see how the loan agreements of a sustainable project are different from what Shinsegae, Hyundai, and Taeyoung typically use. The Korean construction market has faced some challenges in recent years so learning about the financial risks and obligations of a sustainable power project was insightful to hear about."
Andari Candrika, another full-time MBA student during the forum stated “Attending the ICIG Forum on Upscaling Wind Farms was an eye-opening experience. I especially enjoyed how Mr. Hyuntae Kim provided technical insights into the wind farm industry. His perspective highlighted both the business and engineering challenges in wind farms, which I hadn't fully grasped before. Seeing the engineering side was particularly fascinating, as it's not typically emphasized in business school. Overall, the forum enriched my understanding of wind energy's complexities and its broader implications.”
The SKK GSB Climate Investment and Growth Investment Forum is held every year both offline and online. The next forum will be held on April 24th 2024, another topic related to sustainability. SKK GSB will invite industry experts, high-tech companies, and investment experts related to climate change in the global market to deliver a lecture and chair a forum along with Prof. Yongju Nielsen.