Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الامارات العربية المتحدة

Supported by

Wonsik Cho

VP Sustainable Technology Business Team Leader

Samsung E&A

Wonsik
Wonsik

Wonsik Cho serves as the Vice President of Samsung E&A, overseeing the sustainable technologies and business development. His responsibilities include managing venture investment and collaboration efforts related to technology scouting, scaling up, and commercializing emerging technologies in sustainable sectors such as carbon capture, green hydrogen, renewable fuels, and e-fuels.

Moreover, he leads the sales and marketing function within Samsung E&A's sustainable solutions business division. Wonsik is accountable for global sales and marketing in the energy transition sector, with a focus on developing projects in carbon capture and utilization, renewable fuels, and lower carbon solutions like hydrogen, ammonia, and methanol.

Prior to joining Samsung E&A in March 2023, he held the position of director of the technical sales group at Honeywell UOP. In this role, he was responsible for technical proposals, cost estimates, and business development for all of Honeywell UOP’s equipment businesses, including modular refineries, gas processing, hydrogen, midstream NGL plant, and licensor proprietary equipment.

Wonsik had led Honeywell UOP’s modular / equipment engineering group as the director of equipment engineering, contributing significantly to expanding engineering resources in India, Romania, Belgium, and South Korea. This expansion covered multidisciplinary engineering teams encompassing process, mechanical, piping, electrical, instrument, and control.

He played a crucial role in supporting breakthrough technology development and its deployment in collaboration with the R&D team.

Before his tenure at Honeywell UOP, he worked as an application and project engineer at SK Ecoplant for a decade, overseeing refining and petrochemical projects in the Middle East, Europe, and Asia. He gained extensive experience managing field engineering, start-up, and commissioning activities at various jobsites in the Middle East and Europe.

Wonsik holds an MBA from Korea University in Seoul, Korea and a Bachelor of Engineering degree in mechanical engineering from the same university.

Session Overview
Wednesday, 6 November
12:45
Decarbonisation Conference Decarbonisation Theatre 12:45 - 13:15
View Session
Scaling investment in clean technology

The International Energy Agency estimates clean energy investment must reach $4.5 trillion per year by the early 2030s to achieve net-zero emissions by 2050. Despite the rapid growth of the clean tech sector and the new opportunities it creates for businesses and investors, clean energy investment remains significantly lower than required, due to the capital-intensive nature of clean energy projects and their long payback periods. Additionally, many of the technologies and solutions have not yet been proven in the market, adding another layer of investment risk. Supportive policies such as tax incentives, and financial innovations such as large public funding programmes, will pave the way for innovative cleantech projects to thrive.  

 Attendee insights:

Understand strategies for de-risking and incentivising clean technology investment.

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