In order to create a business plan for domestic and international production of green hydrogen and green ammonia, SK Ecoplant is collaborating with Korea Southern Power.
Officials from both firms, including Park Kyung-il, president of SK Eco Plant, and Lee Seung-woo, president of Southern Power, were present at the signing event.
The agreement seeks to actively collaborate in CCU (Carbon Capture and Utilization) technical collaboration and demonstration projects as well as collaboratively create green hydrogen and green ammonia production business models to lead the green energy field. do.
In order to steadily secure green hydrogen and ammonia, which are anticipated to see an increase in demand for co-fired power generation, the two companies first intend to collaborate by concentrating on the establishment of domestic and overseas production infrastructure and business development for the domestic introduction.
In order to meet the clean hydrogen certification standards, SK Ecoplant aims to review the green hydrogen and ammonia solution related to renewable energy, and Korea Southern Power plans to review the manufacturing process and transportation technique.
The most effective water electrolysis technology in use today is the Solid Oxide Electrolysis Cell (SOEC) provided by SK Ecoplant. can
The hydrogen and nitrogen compound ammonia (NH3), which is in the spotlight as a next-generation energy source, has recently been recognized as a green hydrogen transportation method and an environmentally benign energy source.
Like green hydrogen, green ammonia is ammonia created solely from renewable sources without the release of carbon dioxide.
Through a process called water electrolysis, which uses electricity generated from renewable sources like solar and wind energy to break down water, green hydrogen can be created.
This green hydrogen turns into green ammonia when it comes into contact with airborne nitrogen.
Ammonia can be stored in huge quantities and transported over long distances because it is simpler to compress and liquefy than liquid hydrogen and has a storage capacity that is 1.5 to 2 times greater per unit volume.
Additionally, because it is a common fertilizer and industrial raw material, the production process is commercialized, and in terms of distribution, it benefits from using the ammonia storage and transportation infrastructure that is already in place.
By merging CCU and liquefaction technology with fuel cell (SOFC) technology, the two businesses will develop a low-carbon energy solution model that can cut carbon dioxide produced during the production of electricity by more than 70%. They will also support demonstration projects.
South Power will supply the land and the infrastructure required for technology demonstration, and SK Eco Plant will be in charge of developing CCU and liquefaction technologies.
In the area of renewable energy, the two businesses have been closely collaborating.
It is also taking part in the 12.5 MW green hydrogen demonstration project in Jeju, which is run by Southern Power, in addition to the hydrogen fuel cell power generation projects like the Yeongwol fuel cell phase 1 project.
Through this agreement, the two businesses intend to broaden their areas of collaboration to cover green hydrogen and ammonia, helping to activate the ecosystem of the hydrogen industry and achieve carbon neutrality in the process.
“SK Eco Plant has already secured new and renewable energy solutions like fuel cells, offshore wind power, and solar power, and by connecting high-efficiency water electrolysis solutions to it, the entire hydrogen cycle from green hydrogen and green ammonia production to production,” said Park Kyung-il, president of SK Eco Plant. We’re going to create a value chain,” he declared. We will work together with South Korea to lead the green energy sector.