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Korea Gas Launches Hydrogen Economy

By October 9, 2019

October 9, 2019

  • President of Kogas Chae Hee-Bong Holds a Test Drive for Hydrogen Cars at Daegu Headquarters
  • Next year, eight hydrogen vehicles and a hydrogen bus will be introduced

At the launch event, Kogas Chairman Chae Hee-Bong visited a supply center in the Daegu Innovation City and inspected the safety of natural gas supply facilities.

Mr. Chae said, “KOGAS will faithfully play a leading role in innovation growth that will cultivate the hydrogen industry in line with the national energy conversion policy and open the future energy era and I hope to have a chance to get closer to it. ”

KOGAS announced the ‘Road Project for Hydrogen Business’ in April and is leading the way in establishing a stable production and supply infrastructure to boost the hydrogen economy.

By 2030, 25 hydrogen production facilities and 700km of pipe network will be installed, while the competitiveness of the distribution industry will be enhanced by the efficient distribution structure and the price gap will be resolved according to the transportation method and distance.

In addition, through the expansion of R & D investment and the development of open and collaborative technologies, the value chain of all hydrogen industries will become self-reliant, establish the safety management system of the hydrogen industry at the level of developed countries, and focus on leading international safety standards.

In addition, KOGAS plans to begin the introduction of hydrogen cars this year, and then convert eight commercial vehicles to hydrogen cars next year, focusing on areas where hydrogen stations are already in place.

In addition, it plans to introduce a 300Nm3 / h hydrogen production facility and hydrogen refueling station at the Gimhae Management Center in Busan, South Gyeongsang Province, in August next year.

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