By 2030, Jeollabuk-do intends to have the largest green hydrogen production facility in Korea, producing 100,000 tons of green hydrogen per year.
The ‘Hydrogen Industry Promotion Development Plan,’ just announced by Jeollabuk-do Province, has such information. To meet the current point of view, the plan prepared in August 2019 has been amended and augmented. It consists of four key promotion tactics and 25 task implementation plans in detail. Jeollabuk-do plans to invest 3.8 trillion won in a large-scale green hydrogen ecosystem that will be connected to the Saemangeum renewable energy cluster. Green hydrogen, as opposed to extracted hydrogen created from natural gas, does not emit carbon dioxide.
By 2027, a 100MW water electrolysis facility will be developed to convert renewable energy produced in Saemangeum into hydrogen. This plant generates 15,000 tons of hydrogen every year, enough to fuel 3 million hydrogen automobiles, according to NEXO. By 2030, the scale will be increased to 300 MW. Jeollabuk-do intends to deliver 100 percent green hydrogen to the newly established Saemangeum Smart Waterfront City in order to construct an energy self-sufficient complex and to ensure green hydrogen usage bases in logistical infrastructure such as the Saemangeum Airport and New Port.
It will also build a hydrogen-specialized national industrial complex to bring together companies and research institutes, as well as foster a hydrogen fusion industry that combines the front and back end of hydrogen mobility with major regional industries like commercial vehicles, construction machinery, and agricultural machinery. Hydrogen automobiles and charging stations will be increased, supplied, and placed in greater numbers than under the current plan in order to increase the quantity of hydrogen utilized in real life. At the time of the first proposal, the number of hydrogen cars would expand from 14,400 to 20,000 (19,600 passenger cars, 400 buses), and the number of charging stations would increase from 24 to 50. Because green hydrogen is more expensive than by-product hydrogen and bio-hydrogen, it is actively attempting to supplement the system to alleviate certain worries that it will be difficult to market in the real world. It intends to push hard for passage of an amendment bill to the National Assembly’s upcoming ‘Hydrogen Economy Fostering and Hydrogen Safety Management Act,’ which includes provisions for mandatory hydrogen purchase and supply growth.