Browsing: REGIONAL

SK has inked an agreement with the country’s ministry of oceans and fisheries, which sees ports as the optimum location for developing a hydrogen complex station, converting port mobility and vessels to hydrogen fuel, and establishing a blue hydrogen production base. Natural gas and collection and storage technology are used to create blue hydrogen.

The high capital expenditures of equipment are a major barrier to creating cost-competitive green hydrogen by electrolysis. Because of economies of scale, large-scale export initiatives have the potential to improve cost competitiveness.