Major energy firm SK is investing 18.5 trillion South Korean won ($16bn) to construct a 280,000 t/yr hydrogen ecosystem in Incheon by 2025.
The company, South Korea's biggest refiner, will produce 30,000t of liquified hydrogen by 2023 using by-product from its SK Incheon Petrochemical plant for supply to the local metropolitan area.
Phase two will add 250,000 t/yr of blue hydrogen produced from LNG and will use carbon capture and storage facilities to reduce greenhouse gas (GHG) emissions.
Investment is also going into the distribution network through the installation of 100 charging stations nationwide to distribute 80,000 t/yr of liquified hydrogen by 2025, while a pipeline is in the works to transport 200,000 t/yr of blue hydrogen to feed a new 400MW fuel cell power plant.
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