Industry Minister Sung Yun-mo emphasizes “Leading carbon neutrality” in on-site inspection
Korea is the largest… 43% of the world’s hydrogen fuel cell supply
[에너지신문] Minister of Trade, Industry and Energy Sung Yun-mo will inspect the Daesan hydrogen fuel cell power plant site on the 8th as the first hydrogen economy-related move after the hydrogen law was implemented on the 5th.
On the 8th, Minister of Industry Sung Yun-mo, Choi Woo-seok, Head of New and Renewable Energy Policy Division of the Ministry of Industry, Hanwha Energy CEO Jeong In-seop, and Daesan Green Energy CEO Kim Young-wook visited the fuel cell power plant, a major pillar of the use of hydrogen energy, to check the status of safety management and supply and demand electricity in winter. We plan to encourage the hard work of the employees who are working hard.
The Daesan Hydrogen Fuel Cell Power Plant is the world’s first commercial power plant that utilizes’by-product hydrogen’ as an energy source, and has been jointly established by Hanwha Energy, Korea East-West Power, and Doosan Fuel Cell and has been in full operation since June.
Daesan Green Energy has formed a consortium of Hanwha Energy (49%), Korea East-West Power (35%), Doosan Corporation (10%), and financial investors (6%) to invest 255 billion won in Daesan Hydrogen Fuel Cell. A power plant was built, and 114 phosphate fuel cells (PAFCs) produced by Doosan Fuel Cell were installed.
In general, the power generation efficiency of hydrogen fuel cell power generation is about 50%, ahead of coal-fired power (33%). It is an energy source that is compatible with the government’s’Green New Deal’ and’Carbon Neutral’ policies due to its high efficiency as well as eco-friendly energy, and is expected to play a role in activating the hydrogen economy.
Unlike conventional fuel cell power plants that used hydrogen extracted from LNG, the Daesan Hydrogen Fuel Cell Power Plant is advantageous in that it does not generate carbon dioxide by directly using by-product hydrogen generated as a by-product in the process of a nearby petrochemical plant.
It can stably supply 400,000 MWh of electricity, which can be used by 160,000 households per year, to nearby areas, and has a high operating rate of 97% on average.
To detect hydrogen leakage, detection sensors and hydrogen detectors (60 units) have been installed to operate safely throughout the entire process of’hydrogen production-transport-use’ without a single safety accident such as hydrogen leakage, including constant monitoring.
In particular, it is explained that it is also playing the role of a so-called’ultra-large air purifier’ by purifying ultra-fine dust in the air through a fine filter installed in the generator and supplying clean air that can breathe for about 350,000 adults.
The supply of hydrogen fuel cells in Korea reached about 600MW by the end of last year, and has grown into the largest power generation market, accounting for 43% of the global supply.
The cumulative fuel cell supply capacity in 2020 is 605MW in Korea, 482MW in the US, and 313MW in Japan.
The government plans to supply 15GW of fuel cells for power generation (domestic 8GW, cumulative basis) by 2040 and foster it as an export industry along with domestic eco-friendly energy supply.
To support this, the 2nd Hydrogen Economy Committee was held under the supervision of the Prime Minister in October last year and decided to introduce the’Hydrogen Power Generation Compulsory System’, and the related system reform plan is currently being prepared.
Minister Sung Yun-mo emphasized that the implementation of the world’s first hydrogen law has laid the foundation for a full-fledged hydrogen economy, and that hydrogen fuel cells, an eco-friendly power plant, will lead Korea’s carbon neutrality in the future.
In particular, he stated that he will not spare any interest and support so that he can continue to maintain the world’s No. 1 position in the hydrogen fuel cell power generation market, and above all, he is planning to urge the operation of a’safe and clean power plant’ by thoroughly complying with safety management regulations.
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