Park Ki-young, Vice Minister of Trade, Industry, and Energy, made this comment on the 29th during a carbon neutrality meeting with leaders of firms in the Energy Alliance.
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The two businesses want to create a carbon-neutral and environmentally friendly business relationship by efficiently leveraging each company’s know-how and infrastructure to extend the hydrogen value chain and contribute to the vitalization of the hydrogen economy as a result of this agreement.
The pilot projects will aid in the establishment of hydrogen production centers along Norway’s coast. Enova will launch a large competition seeking funding support for such centers later this year.
Two refineries would most certainly be forced to deploy possibly costly refinery flare technology as a result of the decision.
Daimler Truck, Iveco, Volvo OMV, Shell, and TotalEnergies are among the H2Accelerate members.
Enbridge has signed low-carbon fuel agreements with Royal Dutch Shell and Vanguard Renewables as part of its efforts to reduce greenhouse gas emissions.
Enables climate-neutral steel production and hydrogen-powered heavy vehicles
Sweden’s largest fossil-free hydrogen facility is now being built with the goal of greatly reducing CO2 emissions, developing local industrial hydrogen production, and taking the first step towards a future hydrogen infrastructure for the transport sector. Ovako is starting a collaboration with the Volvo Group, Hitachi ABB Power Grids Sweden, H2 Green Steel and Nel Hydrogen to invest in hydrogen production in Hofors.
With a production capacity of 1,000 kg/day, this project is Tianjin’s largest hydrogen supply project, capable of meeting the hydrogen demand of six hydrogen refueling stations, and is critical to the growth of Tianjin’s hydrogen energy sector.
The hydrogen fuelling station (H2StationTM) under the COSMHYC-DEMO project is partially financed by the European Fuel Cells and Hydrogen 2 Joint Undertaking and is expected to be operational by Q3 2022.
This initiative adds to the company’s efforts as a pioneer in green hydrogen technology and a leader in alternative energy.
