FuelCell Energy and KHNP Join Forces for Clean Hydrogen in Korea
Key Ideas
  • FuelCell Energy and KHNP have signed an MOU to jointly pursue hydrogen energy projects in South Korea, combining solid oxide electrolysis technology and nuclear power.
  • The initiative aims to produce low-cost, domestic clean hydrogen by leveraging South Korea's energy sources and FuelCell Energy's expertise.
  • The partnership is expected to drive innovation, enhance energy efficiency, and contribute to a more sustainable future in the energy sector.
  • Both companies express excitement about the collaboration and the positive impact it will have on the industry and South Korea's energy landscape.
FuelCell Energy, Inc. and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) have announced a collaboration to pursue hydrogen energy projects in South Korea. The partnership aims to develop advanced energy solutions using FuelCell Energy's solid oxide electrolysis platform and KHNP's nuclear power plants. This joint initiative will focus on producing low-cost, domestic clean hydrogen by utilizing South Korea's energy sources and FuelCell Energy's expertise in solid oxide electrolyzer technology. FuelCell Energy's solid oxide electrolyzer cell can produce hydrogen at high efficiency without excess heat, offering a sustainable solution for hydrogen production. This partnership will allow hydrogen produced from electrolysis to be stored long term and transported, enabling zero carbon stored hydrogen energy to be available on demand. The collaboration also aims to explore the development of e-Fuel and ammonia production using the electrolyzer platform. Both companies are enthusiastic about the collaboration, with KHNP's Vice President of Hydrogen & Smart Business Department, Kong Young-gon, expressing excitement about the partnership's alignment with innovation and sustainability goals. FuelCell Energy's President & CEO, Jason Few, highlighted the combination of expertise between the two companies and their focus on driving innovation and sustainability in the energy sector. The relationship between FuelCell Energy and KHNP is expected to lead to the development of new technologies and solutions that enhance energy efficiency and sustainability. Both companies are committed to leveraging their strengths to create a more sustainable future for the industry and South Korea. Through this collaboration, the partners seek to contribute to the transition towards clean hydrogen energy and sustainable energy solutions.
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