New green hydrogen development MoU

Hyundai Engineering has signed an MOU with six partners on the development of green hydrogen production technologies.

The partners include POSCO, the North Gyeongsang Province government, the Uljin County Office, the Pohang Research Institute of Industrial Science & Technology (RIST), and the Korea Atomic Energy Research Institute.

The core of this agreement is hydrogen production using a high-temperature gas-cooled reactor (GCR). It is a high-efficiency energy production technology that generates a large amount of hydrogen via water electrolysis at a high temperature of 750 degrees Celsius, which is generated during electricity production. During the manufacturing process, no greenhouse gases are produced.

They will focus on seven areas: the development of high temperature hydrogen production technology; the development of high temperature water electrolysis technology; the development of high temperature water electrolysis line design, analysis, and production technology; the development of technology for small reactor heat exchangers; and the development and commercialization of nuclear power-baffled reactors.

They will take part in the development of green hydrogen production technology through active exchanges of human resources, technical information, research facilities, and equipment, among other things.