BS Hanyang Accelerates Clean Energy Project in Yeosu
Key Ideas
- BS Hanyang is expediting the development of a clean hydrogen production and supply project at Yeosu's Myodo Eco Energy Hub, leveraging LNG terminals.
- The project aims to establish a hydrogen cluster for production, distribution, consumption, and carbon capture, emphasizing the utilization of LNG and CO2.
- Global interest is growing in BS Hanyang's approach due to its cost competitiveness and energy efficiency through utilizing LNG terminal's waste heat in CO2 storage.
- The promotion of clean energy projects in Yeosu is gaining momentum, with BS Hanyang's Myodo cogeneration project being selected as a preferred bidder for power generation capacity.
BS Hanyang has announced plans to expedite the establishment of a '猫 Eco-Energy Hub' in Yeosu, South Korea, focusing on clean energy initiatives following liquefied natural gas (LNG) terminals. The Myodo Eco-Energy Hub in Yeosu, designated as a special opportunity development zone in Jeollanam-do, is set to become a hub for clean hydrogen production and supply. BS Hanyang is leading a project that utilizes the LNG terminal as a supply base for clean hydrogen production, with a capacity to stably supply 3 million tons of LNG annually. Additionally, the company aims to create a 'hydrogen cluster' that encompasses all aspects of hydrogen production, distribution, consumption, and carbon capture using CCUS technology.
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