Odesa inks massive waste-to-energy project with Seoul
A waste processing plant costing over $300 million will be constructed in the Peresypskyi district of Odesa under an intergovernmental agreement with South Korea, funded by the Korean EDCF, the city’s Deputy Mayor Anna Pozdnyakova told the public broadcaster Suspilne on July 21.
The project will use the Korean waste-to-energy approach to convert household waste into electricity and heat, complying with Ukrainian laws and drawing on a similar, Korean-built plant in Warsaw.
The project is expected to be completed in three to five years and will include waste incineration, power generation, reduced landfill and emissions, and conversion of ash into construction materials.
A year of feasibility studies, consultation with international partners, technology analysis, and legal and environmental evaluations went into the planning. Construction will be financed by international funding, including an EDCF credit line.
“The documentation was developed in cooperation with experts from the EU, Korea, and local technical experts. Construction will be financed by international funding — through an EDCF credit line from the Government of the Republic of Korea,” Pozdnyakova said.
The project aligns with national waste management strategies until 2030 and will involve a public-private partnership with technical and financial support from Korea, notably from POSCO E&C, one of the largest Korean infrastructure operators.
At the same time, Odessa plans to modernize the Dalnytskyi quarries for sorting and producing RDF fuel.
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