Green Hydrogen NewsGreen Hydrogen News
    LinkedIn X (Twitter) YouTube Facebook
    Trending
    • UAE and Netherlands Join Forces for a Sustainable Tomorrow
    • Russian Scientists Pioneer Resilient Fuel Cell Material
    • Europe’s Path to Energy Independence with Hydrogen
    • Brazil’s Petrobras and Vale Forge Historic Alliance for Clean Energy
    • Taiwan to Use Seawater to Make Hydrogen
    • NENS Power and e-power launch hydrogen dual fuel generator using CMB.TECH’s tech
    • Spain’s Energy Giant Cepsa Unveils Massive Green Hydrogen Project
    • Financial Solutions Propel Green Hydrogen Projects in South Africa and Namibia
    LinkedIn X (Twitter) YouTube Facebook
    Green Hydrogen NewsGreen Hydrogen News
    • NEWS
      • Authorities
      • Blitz
      • Breaking News
      • Finance
      • Jobs
      • H2 Plant
      • Politics
      • Press Release
      • Sponsored
      • Stock
      • Tenders
      • Video
    • HYDROGEN
      • Aviation
      • Electrolyzers
      • Fuel Cells
      • Green Hydrogen
      • Hydrail
      • Innovation
      • Pipelines
      • Projects
      • Stations
      • Storage
      • Technology
      • Vehicles
    • SPOTLIGHT
      • Analysis
      • Interviews
      • Podcast
      • Research
      • Reviews
      • Specials
      • Webinars
    • REGIONAL
      • Africa
      • Americas
      • Asia
      • Europe
      • Middle east
      • Pacific
    • CONTACT
    • ADVERTIZE
    • SUBSCRIBE
    Green Hydrogen NewsGreen Hydrogen News
    Home Home - Projects
    PLAGEN, ReCarbon, and HYOJIN E&HY collaborate to drive carbon-neutral fuel production

    PLAGEN, ReCarbon, and HYOJIN E&HY collaborate to drive carbon-neutral fuel production

    Anela DoksoBy Anela Dokso14/07/20233 Mins Read
    Share
    LinkedIn Twitter Facebook Email WhatsApp Telegram

    PLAGEN, HYOJIN E&HY, and ReCarbon have joined forces in Seoul to embark on a groundbreaking green methanol project. By employing plasma technology in a biomass-based production plant, PLAGEN aims to increase green methanol output to 20,000 tons annually.

    The strategic partnership will leverage ReCarbon’s expertise in plasma technology for syngas production and HYOJIN E&HY’s water electrolysis technology for hydrogen generation, ensuring enhanced system yields. This initiative aligns with global efforts to combat climate change, meeting the International Maritime Organization’s target of achieving net-zero carbon emissions by 2050. With the potential to transform the renewable energy market and bolster the local economy, this commercialization example sets the stage for sustainable methanol production.

    As the world works towards reducing carbon emissions, the demand for carbon-neutral fuels has never been greater. The International Maritime Organization’s ambitious goal of achieving net-zero carbon emissions by 2050 has prompted the shipping industry to transition from traditional non-carbon-neutral fuels to greener alternatives. Green methanol, with its potential to significantly reduce carbon emissions, has emerged as a promising solution. With global methanol demand projected to exceed 500 million tons by 2050, the need for clean methanol is expected to reach 385 million tons. In South Korea, where all 2.2 million tons of methanol is currently imported, the domestic market for clean methanol is predicted to reach 500,000 tons by 2028.

    At the heart of this innovative project lies plasma technology—a highly reactive state of matter generated by energizing gas. ReCarbon’s Plasma Carbon Conversion Unit (PCCU) takes center stage, transforming greenhouse gases like carbon dioxide and methane into hydrogen and carbon monoxide of high value. This breakthrough technology enables cost-effective operations and the production of carbon-neutral raw materials. By integrating plasma technology with biomass-based green methanol production and water electrolysis for green hydrogen generation, the collaboration aims to revolutionize the entire process of carbon-neutral fuel production.

    The envisioned 20,000-ton annual green methanol production plant promises significant economic and environmental benefits. The project is expected to generate approximately KRW 84 billion in production-induced effects, KRW 35 billion in value-added effects, and provide employment opportunities for around 330 individuals. The local economy in Donghae City stands to gain from this venture, while the renewable energy market will witness expansion and growth. With the successful commercialization of the plasma carbon conversion business, this project serves as a prime example of sustainable methanol production, paving the way for a cleaner and more sustainable future.

    fuel hydrogen HYOJIN E&HY Plagen ReCarbon
    Share. LinkedIn Twitter Facebook Email

    Related Posts

    green hydrogen

    UAE and Netherlands Join Forces for a Sustainable Tomorrow

    29/09/2023
    green hydrogen

    Russian Scientists Pioneer Resilient Fuel Cell Material

    29/09/2023
    european hydrogen backbone

    Europe’s Path to Energy Independence with Hydrogen

    29/09/2023
    Brazil's Petrobras and Vale Forge Historic Alliance for Clean Energy

    Brazil’s Petrobras and Vale Forge Historic Alliance for Clean Energy

    29/09/2023
    Taiwan to Use Seawater to Make Hydrogen

    Taiwan to Use Seawater to Make Hydrogen

    29/09/2023
    NENS Power and e-power launch hydrogen dual fuel generator using CMB.TECH's tech

    NENS Power and e-power launch hydrogen dual fuel generator using CMB.TECH’s tech

    29/09/2023
    green hydrogen

    UAE and Netherlands Join Forces for a Sustainable Tomorrow

    29/09/2023
    green hydrogen

    Russian Scientists Pioneer Resilient Fuel Cell Material

    29/09/2023
    european hydrogen backbone

    Europe’s Path to Energy Independence with Hydrogen

    29/09/2023
    Brazil's Petrobras and Vale Forge Historic Alliance for Clean Energy

    Brazil’s Petrobras and Vale Forge Historic Alliance for Clean Energy

    29/09/2023

    Subscribe to Updates

    Get the latest news from the hydrogen market subscribe to our newsletter.

    Final Transparent Green Logo (horizontal)-desktop version (RGB)
    LinkedIn X (Twitter) Facebook YouTube

    News

    • Inteviews
    • Webinars
    • Hydrogen
    • Spotlight
    • Regional

    Company

    • Information
    • Advertising
    • Media Kits
    • Contact Info
    • GDPR Policy

    Subscriptions

    • Subscribe
    • Newsletters
    • Sponsored News

    Subscribe to Updates

    Get the latest news from EnergyNewsBiz about hydrogen.

    © 2023 EnergyNews.biz
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version