South Korea Announces Plan to Develop Hydrogen, Ammonia for Power Generation

South Korea Announces Plan to Develop Hydrogen, Ammonia for Power Generation

by  
Seneca ESG  
- November 17, 2021

The South Korean government has announced a plan to introduce hydrogen and ammonia in the fuel mix for thermal power generation, as reported by the Korea Herald on November 16. The country’s Ministry of Trade, Industry, and Energy has also established a council to lead the plan, which aims to have the feedstock containing 20% of ammonia as early as 2030 and to have no less than 24 local coal-fired thermal power plants to burn the fuel combination. Furthermore, according to the plan, local gas-fired thermal power plants will use feedstock consisting of liquefied natural gas and 30% of hydrogen by 2035.

To achieve the goals, South Korea’s industry ministry will accelerate the development of relevant technologies, like new turbines for hydrogen and ammonia fuel mix. It will also push for establishing an ammonia supply chain and constructing storage facilities for ammonia in 2022. Other developed countries like the US and Japan have already tested the use of hydrogen and ammonia at thermal power plants. For instance, General Electric [GE:US] is building a power facility that expects to burn 100% hydrogen in the long run.

Sources:

http://www.koreaherald.com/view.php?ud=20211116000806

Start Using The Seneca ESG Toolkit Today

Monitor ESG performance in portfolios, create your own ESG frameworks, and make better informed business decisions.

Toolkit

Seneca ESG

Interested? Contact us now

In order to contact us please fill the form on the right or directly email us at the address below

sales@senecaesg.com

Singapore Office

7 Straits View, Marina One East Tower, #05-01, Singapore 018936

+65 6223 8888

Amsterdam Office

Gustav Mahlerplein 2 Amsterdam, Netherlands 1082 MA

(+31) 6 4817 3634

Taipei Office

77 Dunhua South Road, 7F Section 2, Da'an District Taipei City, Taiwan 106414

(+886) 02 2706 2108

Hanoi Office

Viet Tower 1, Thai Ha, Dong Da Hanoi, Vietnam 100000

(+84) 936 075 490

Lima Office

Av. Santo Toribio 143,

San Isidro, Lima, Peru, 15073

(+51) 951 722 377

Tokyo Office

1-4-20 Nishikicho, Tachikawa City, Tokyo 190-0022