Hamdeok Charging Station to Sell at 1 Won per kg from November 1st… Accelerating the 1 Carbon Neutrality Campaign
Jeju Special Self-Governing Province Hydrogen Economy Committee Meeting Held on the 29th, Discussing Key Issues such as Hydrogen Sales Price
Jeju Special Self-Governing Province 11월 1Starting from the 1st, commercial sales of green hydrogen for hydrogen vehicles will begin at Hamdeok Green Hydrogen Charging Station..
Jeju Island has been spurring the activation of the hydrogen economy by establishing an ecosystem for producing green hydrogen using renewable energy and operating hydrogen buses for the first time in Korea in October last year, and by leading the way to commercial sales of green hydrogen for the first time in Korea.
Jeju Island 29At the Ildocheong Samda Hall '2024 Jeju Special Self-Governing Province Hydrogen Economy Committee' Hold a meeting and decide on the hydrogen sales price for Hamdeok Green Hydrogen Charging Station(within) Following the report, the selling price was confirmed..
The selling price of green hydrogen was set at 1 won per kg (including VAT).
The green hydrogen sales price, which has been set for the first time in Korea, is expected to become the benchmark for the domestic green hydrogen market in the future, as it is set at a level similar to the operating cost of existing internal combustion engine (diesel) buses while taking into account production and supply costs.
The Hydrogen Economy Committee predicted that although it may initially be more expensive than fossil fuels, the production cost will gradually decrease as the market expands and technology advances. Securing this price competitiveness is expected to be a key driving force for the activation of Jeju Island’s hydrogen economy.
As of October, the total number of hydrogen vehicles registered in the province is 58*, and the plan is to gradually expand the scale of public bus operation on the Hamdeok-Wolpyeong section starting in November.
* 12 buses (11 commercial, 1 non-commercial), 1 garbage truck, 45 passenger cars (10 official, 35 private)
Jeju Island is also working to strengthen the institutional foundation for fostering the hydrogen economy.. Current Korean Hydrogen and New Energy Society, Korea Institute of Industrial Technology, Jeju Energy Corporation is participating 'Jeju-type hydrogen economy development basic plan' The establishment service is in progress., next year 3Will be completed in March. this is 5announced in March '2035 Energy Transition for Carbon Neutrality'It is expected that this will become a concrete implementation plan..
The Hydrogen Economy Committee meeting was the first face-to-face meeting since the committee was formed., Jeju Province Deputy Governor Jin Myeong-gi awarded the appointment certificate to the committee members..
At the meeting, the progress of the 2035 carbon neutrality scenario plan through energy transition and the Jeju Island hydrogen economy development basic plan service were reported, and expert advice from the committee was also provided.
Jin Myeong-gi, the administrative vice-governor, "The first commercial sale of green hydrogen in Korea will be the starting point for Jeju to open a hydrogen economy."This "From clean energy production to distribution, We will build a hydrogen industry ecosystem that encompasses utilization, thereby simultaneously creating jobs for local residents and achieving carbon neutrality."Said.