President Park Jung-guk, deputy head of the R&D division, will be in charge of the newly created hydrogen fuel cell and will lead the development and business of hydrogen fuel cells as the highest commanding tower of fuel cell development as a result of this restructuring.
In light of climate promises and the cost of green hydrogen, Scott concluded that the world is experiencing significant expansion in the green and blue hydrogen economies.
Green hydrogen is produced using renewable energy, whereas blue hydrogen is produced using carbon capture and storage (CCS) technology and is produced from natural gas.
The prototypes were created at the Federal University of Rio de Janeiro’s Alberto Luiz Coimbra Institute for Graduate Studies and Research in Engineering (Coppe-UFRJ). Early next year, pre-industrial scale production of a new prototype will commence. Following this phase, production and sales will take place.
The government plans to conduct the Hydrogen Economy Committee on the 26th in the presence of ministers from associated ministries, according to the Ministry of Oceans and Fisheries on the 20th. This group will examine hydrogen economy measures by sector and explore potential remedies in the future.
Decentralized hydrogen generation, ideally from locally accessible renewable energy sources, will be unavoidable in the future for a countrywide supply of hydrogen.
Almost 90% of the hydrogen generated today is referred to as “grey” hydrogen. The production is carried out by the methane reforming team (SMR). High-pressure steam (H2O) combines with natural gas (CH4) to produce hydrogen (H2) and carbon dioxide (CO2).
The prototype hydrogen power plant will be developed in the Hyosung Chemical Yongyeon Plant in Ulsan, South Korea, and will establish a precedent by becoming the region’s first 100% hydrogen power plant.
