South Korea: its hydrogen roadmap based on R&D and innovation
As of November 2023, Planet imagery showed that the power station''s stacks were actively issuing smoke, indicating that at least some of the station''s capacity was still
To promote hydrogen-powered vehicles, it plans to build 450 hydrogen refueling stations by 2025. Fuel cell vehicles will be able to reach the nearest hydrogen refueling station within half an hour. The initial target would be Seoul and metropolitan areas. The government also plans to install 0.5 million electric chargers by 2025.
South Korea has set ambitious targets, including a significant increase in hydrogen-powered vehicles and the expansion of hydrogen refuelling stations nationwide. The government is also investing in partnerships with energy-rich countries to secure a stable supply of green hydrogen and promote research and development.
Power generation is the next step for hydrogen in South Korea. The country reached a crucial milestone earlier this year with the world's first clean hydrogen power generation auction. This saw 15-year hydrogen power purchase agreements with domestic utility companies made available at fixed-rate prices.
The focus of the roadmap is more of utilization of hydrogen because Korea has fuel cell automaker and stationary fuel cell manufacturers. On the other hand, technologies for hydrogen production, storage, transport and refueling station are mostly outsourced.
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