Wood Mackenzie: Green hydrogen cost to halve by 2030 – a boost to South Korea’s hydrogen ambitions

Wood Mackenzie: Green hydrogen cost to halve by 2030 – a boost to South Korea’s hydrogen ambitions: Wood Mackenzie: Green hydrogen cost to halve by 2030 – a boost to South Korea’s hydrogen ambitions

Under President Moon Jae-In’s administration, the South Korean Government has announced ambitious plans to become a hydrogen-based economy by 2050. This includes plans for three hydrogen-powered cities by 2022 and accelerating deployments of fuel cell electric vehicles (FCEVs), all of which have spiralled the country into a frenzied race to invest in hydrogen.