An in-well ESP string that can be installed or retrieved with a wireline instead of a rig. The ESP is combined with a motor and a hydraulic valve to pump formation fluid from a well to the surface. A wet connector is used to facilitate electrical and hydraulic connections. The ESP system is disposed within a tubing string located within the casing of a well. The hydraulic valve controls the flow of formation fluid to the ESP, opening to allow formation fluid to flow to the ESP, and closing to shut off production. When the valve is closed, the ESP may be cleaned with brine introduced via a flow port in the valve. This cleaning operation allows the ESP string to be to retrieved in an environmentally friendly manner. In addition, the wireline installation and retrieval is significantly less costly and less complicated than currently possible with a rig.