Summary
[Korea Government: Strive to increase the proportion of clean hydrogen energy to 50% by 2030 to dominate the global hydrogen energy market]News on October 7th, the South Korean government announced on the 7th the “Hydrogen Energy Leading Country Vision” aimed at developing the hydrogen energy industry. By 2030, build a clean hydrogen energy production system with a production capacity of 1 million tons and increase the proportion of clean hydrogen energy to 50%, leading the global hydrogen energy market. (Interface News)
According to news on October 7th, the South Korean government announced on the 7th the “Hydrogen Energy Leading National Vision” aimed at developing the hydrogen energy industry, striving to build a clean hydrogen energy production system with a production capacity of 1 million tons by 2030 and increase the proportion of clean hydrogen energy to 50%, leading the global hydrogen energy market.
South Korea took the lead in enacting the “Hydrogen Energy Economic Development and Hydrogen Energy Safety Management Law” in the world to actively develop the hydrogen energy industry. Hyundai Motor, SK, POSCO, Hanwha, and Hyosung 5 large conglomerates also plan to invest 43 trillion won (approximately RMB 223 billion) in the field of hydrogen energy by 2030.
According to the plan, the South Korean government will create a hydrogen energy ecological environment covering production, distribution, and application. In the field of production, the South Korean government will build a clean hydrogen energy production system, strive for annual renewable hydrogen production to reach 1 million tons and 5 million tons in 2030 and 2050, respectively, and increase the hydrogen self-sufficiency rate to 50%.
(Article Source: Interface News)
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