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Energy transition news from EnergyNews.biz: hydrogen, energy storage, SMRs, grids and renewables, every day.

The Ministry of Trade, Sector and Energy said that it will invest 171.8 billion won in this year’s national research and development (R&D) project for the hydrogen industry, an increase of 62 percent over last year’s investment to grow the hydrogen ecosystem.

Advanced CSOVs, which provide both next-generation technology and pleasant accommodations, is a crucial element of the value chain in the expanding offshore wind industry, which is predicted to rise in the future decade as the need for renewable energy surges.