H2 MEET 2024: South Korea Leads the Hydrogen Revolution
Key Ideas
  • H2 MEET 2024 in Goyang, South Korea, featured 317 companies from 24 countries showcasing hydrogen technologies across production, storage, transportation, and utilization.
  • The event attracted over 41,000 visitors and major industry players like Hyundai, Korea Zinc, and global companies, highlighting the growing interest in hydrogen.
  • South Korea aims to scale hydrogen mobility with government subsidies for buyers, refueling station support, and cost reduction strategies to meet the NDC target of 300,000 hydrogen vehicles and 660 refueling stations by 2030.
  • Challenges like green hydrogen costs are being addressed through policies promoting renewable energy, mandatory usage targets, and initiatives by companies to establish large-scale green hydrogen plants, fostering market growth and innovation.
H2 MEET 2024, South Korea's largest hydrogen industry exhibition, successfully concluded in Goyang City after showcasing the latest advancements in hydrogen production, storage, transportation, and utilization. The event featured participation from 317 companies and organizations from 24 countries, drawing over 41,000 visitors and spotlighting major industry players like Hyundai and Korea Zinc. The South Korean government's support for hydrogen mobility includes subsidies, refueling station development, and cost reduction efforts to meet ambitious targets by 2030. Addressing challenges such as green hydrogen costs, policies promoting renewable energy, mandatory usage targets, and industry initiatives are underway to drive market growth and innovation.
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