Investment of 43 trillion won by SK and Hyundai Motors… Public-Private’Hydrogen Economy Acceleration’

[월간수소경제 성재경 기자] The government held the 3rd Hydrogen Economy Committee at SK Incheon Petrochemical on the 2nd, presided over by Prime Minister Jeong Sye-gyun.

The Hydrogen Economy Committee is the Korea Hydrogen Economy Control Tower, composed of the Prime Minister as its chairman, and the best private experts in each field, including eight related ministries and industry, academia, and civic groups.

On this day, the 3rd Hydrogen Economy Committee announced the hydrogen economy private investment plan and government support plan.

Five groups, including SK, Hyundai Motors, POSCO, Hanwha, and Hyosung, and mid-sized companies decided to invest 43.4 trillion won in all areas of the hydrogen economy, including the production of liquefied hydrogen by 2030.

Accordingly, the government also decided to actively support a hydrogen economy budget of KRW 824.4 billion this year, including hydrogen cars, production bases, and fuel cells.

In addition, the’hydrogen industry’ was designated by the 1st Hydrogen Economy Committee in July of last year. ‘Promotion·Distribution’. Three agencies in charge of hydrogen economy, such as’safety’, will start their business in earnest this year.

The Hydrogen Convergence Alliance Promotion Team, an agency in charge of the hydrogen industry, supports technology transfer, product certification, prototype production, market development, etc. to foster a’hydrogen specialized company’ this year. ‘Also operates.

Korea Gas Corporation, an agency in charge of hydrogen distribution, induces hydrogen price reductions through joint purchase of hydrogen this year, and improves the operating conditions of charging stations by purchasing hydrogen tube trailers and leasing them to charging stations at low prices. In addition, a system for providing real-time hydrogen charging station operation information will be established and service will begin in the second half of this year.

The Korea Gas Safety Corporation, an agency in charge of hydrogen safety, prepares detailed safety standards for hydrogen products in preparation for the implementation of the’Hydrogen Act’ in the field of hydrogen safety in February next year, and also sets safety standards for liquefied hydrogen in line with the supply of liquefied hydrogen production and charging stations. In addition, safety management will be strengthened by introducing a precision safety diagnosis system for hydrogen charging stations and building a real-time safety monitoring system.

In addition, the 3rd Hydrogen Economic Committee decided to promote the construction of a hydrogen experience museum near the Sangam hydrogen charging station in Mapo-gu, Seoul to promote and educate the environment and safety of hydrogen.

Prime Minister Jeong Sye-gyun said, “The fact that companies representing our economy have prepared 43 trillion won worth of hydrogen economy investment plans by 2030 will be an inflection point for hydrogen to become the mainstream of the market economy. “We will try to make sure that the private investment plan can be realized by establishing a comprehensive support system that encompasses the entire application and improving the system, including the establishment of safety standards for liquefied hydrogen.”

.Source