The Republic of Korea and the United Kingdom have agreed to expand their cooperation and exchanges in the fields of clean energy, including offshore wind and hydrogen, as well as nuclear power generation.
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The government has added two fuel cell technologies to the list of national core technologies while designating the hydrogen industry as one.
VINSSEN is planning to undertake a demonstration project under the regulatory exemption for “hydrogen fuel cell propulsion ship fueling and operation,” which has been approved by Korea’s Ministry of Trade, Industry, and Energy (MOTIE).
For the first time in Korea, Sunbo Unitec has created a water electrolysis facility that can generate 300kW of green hydrogen.
The “hydrogen power bidding market system,” a crucial component of the Yoon Seok-Yeol government’s hydrogen economy program introduced last year, has sparked a lot of interest from the business community.
To advance the hydrogen industry, the Korean Ministry of Commerce, Industry, and Energy will find and promote 600 hydrogen-focused businesses by 2030.
This year, the government and the agency will collaborate to supply and distribute hydrogen for mobility under the auspices of a consultative group. 91 chargers will be constructed, and 17,000 hydrogen vehicles will be delivered. In order to create the infrastructure for a steady hydrogen supply and demand, three liquefaction plants and six hydrogen production bases will be finished this year.
In a recent interview with EnergyNews, Seky Chang, a Korean transportation expert, discussed how he has concentrated on developing hydrogen-based transportation solutions.
The Korean government will build a 100,000-ton overseas liquefied hydrogen introduction infrastructure by 2029 based on the introduction and establishment of liquefied natural gas (LNG).
Governmental energy organizations hasten the development of infrastructure to establish a clean hydrogen ecosystem. KEPCO intends to accelerate the development of hydrogen power production technology, and companies engaged in the oil and gas industry intend to construct infrastructure and facilities for acquisition.
