South Korea Power Partners with Korea Hydrogen Association for Clean Hydrogen Power Generation
Key Ideas
- South Korea Power and Korea Hydrogen Association signed a business agreement to create a clean hydrogen power generation ecosystem and promote the clean hydrogen industry.
- The agreement entails collaborating on sharing information, joint projects, international cooperation, creating public consensus, and establishing a supply chain for clean hydrogen power generation.
- Kim Jun-dong, president of Southern Power, emphasized the importance of hydrogen as a carbon-free energy source for achieving greenhouse gas reduction targets and energy security.
- Southern Power aims to lead in domestic clean hydrogen power generation and global carbon-free energy market by establishing a full-cycle ecosystem for clean hydrogen power generation.
South Korea Power announced a strategic partnership with the Korea Hydrogen Association to advance clean hydrogen power generation. The agreement focuses on creating a sustainable ecosystem for clean hydrogen power generation and fostering the clean hydrogen industry. Both organizations aim to work closely on various initiatives including sharing information, identifying regulatory improvements, undertaking joint projects, promoting international cooperation, building a supply chain for clean hydrogen power generation, creating public awareness, and establishing an institutional framework. Kim Jun-dong, the president of Southern Power, highlighted hydrogen's pivotal role in achieving national greenhouse gas reduction targets, carbon neutrality by 2050, and ensuring energy security. Southern Power positions itself as a pioneer in domestic clean hydrogen power generation through the establishment of a comprehensive cycle covering production, storage, and utilization of clean hydrogen. This move aligns with Southern Power's previous success as the sole winning bidder in the global clean hydrogen power competitive bidding market. The Korea Hydrogen Association, recognized as a key consultative body in the country's hydrogen sector, plays a vital role in driving collaboration between the public and private sectors to advance hydrogen technologies and applications.
Topics
Policy
Clean Energy
Innovation
Sustainability
Partnership
Carbon Neutrality
International Cooperation
Energy Industry
Government Collaboration
Latest News