- KEPCO Signs MOU for Green Hydrogen Business with Jeollanam-do Region and Naju City
In May, the South Korean government selected KEPCO as a carrier for the production of green hydrogen without carbon emissions, and selected and promoted the project to create and store green hydrogen through P2G technology using renewable energy surplus power.
The MOU makes KEPCO in charge of green hydrogen technology development and business promotion, and Jeollanam-do and Naju-si agreed to provide administrative support such as photovoltaic facilities and licensing for hydrogen production.
The Green Hydrogen Project is expected to solve the problem of surplus renewable energy by producing hydrogen using renewable energy, which is continuously increasing according to the government’s ‘Renewable Energy 3020 Plan’, thereby contributing to maintaining the stability of power system.
KEPCO also signed the Green Hydrogen Technology Development Cooperation MOU with 17 companies and institutions including Korea East-West Power, Korea Advanced Institute of Science and Technology (KAIST) and Hanyang University. KEPCO oversees the development and demonstration of hydroelectric, methanation, and operating technologies, and the participating companies and organizations have agreed to cooperate in the development of hydroelectric hydrogen production, storage, methanation and operation systems.
Hydrogen that does not involve CO2 emissions. It mainly produces hydrogen through P2G technology. On the other hand, hydrogen that emits nitrogen oxides and carbon dioxide in the process of extracting and producing hydrogen is called gray hydrogen. Currently, hydrogen produced in Korea is gray hydrogen.
P2G technology linked with renewable energy: Produces and stores hydrogen (H2) through electrolysis of water by using renewable energy surplus power, or combines the produced hydrogen and carbon dioxide (CO2) to form methane, the main component of natural gas. Power To Gas (P2G) technology used as transportation, power generation and city gas fuel by switching to (CH4)
MOU Participating Organizations
KEPCO, Korea East-West Power, Korea Midland Power, Korea Advanced Institute of Science and Technology (KAIST), Korea Institute of Science and Technology (KIST), Korea Institute of Energy Research, Korea Institute of Advanced Technology, Pohang Institute of Industrial Science, Hanyang University, Dongguk University, Doosan Heavy Industry, Korean Register, Daesung Energy, L Chemtech, Hydrogen, Zypilos, H & Power, Acro Labs
At the MOU signing ceremony, KEPCO President Kim Jong-gap said, “KEPCO will continue to cooperate with government agencies in Jeollanam-do, Naju, and other countries to meet the energy conversion policy of the government and make further efforts for SMEs and local communities.”