President Moon Jae-in announced on the 7th that “hydrogen is a key energy in the carbon-neutral era” and “we will lead the hydrogen economy by gathering all national capabilities.”
President Moon Jae-in said this at the ‘Hydrogen Economy Performance and Vision of a Hydrogen-Leading Country Report’ held at the planned investment site for Hyundai Mobis’ hydrogen fuel cell plant in Cheongna District, Incheon on the same day.
“Hydrogen is the first democratic energy source in history that can be obtained equally anywhere on the planet,” President Moon said. President Moon said, “The hydrogen industry ecosystem is revitalized and the hydrogen economy is growing rapidly thanks to the active support of the government and bold investment by companies,” he said.
President Moon said, “Of the 21 OECD (Organization for Economic Cooperation and Development) countries that are operating hydrogen charging stations, only Korea does not operate self-charging stations. will,” he said. At the same time, President Moon announced that he will build more than 2,000 hydrogen charging stations by 2050, and create an environment where all citizens can use the charging stations within 20 minutes in 2030 and 10 minutes in 2050.
President Moon said, “In order to move forward to a hydrogen economy with carbon neutrality, it is an essential task to achieve a major transformation from ‘gray hydrogen’ such as byproduct and extract hydrogen to clean hydrogen such as ‘blue hydrogen’ and ‘green hydrogen’. We will convert 100% of gray hydrogen supply structure to 100% clean hydrogen by 2050.” Blue/green hydrogen, which removes carbon using carbon capture and storage technology (CCUS) from gray hydrogen that generates carbon, is called clean hydrogen.
President Moon said, “The hydrogen economy is still in its infancy, but the possibilities are endless.
Prior to the event, President Moon had a chat with industry officials, including Hyundai Motor Group Chairman Chung Eui-sun, SK Group Chairman Choi Tae-won, and POSCO Chairman Choi Jung-woo. President Moon highly praised the efforts of companies to cooperate by voluntarily launching the Hydrogen Business Council last month.