Korea sets up first blue hydrogen facility and signs 13 clean energy MOUs with US

Korea has signed 23 Memoranda of Understanding (MOUs) with the US – 13 in the clean energy sector – as it seeks to develop stronger hydrogen links.

The agreements, which also covered hi-tech industrial areas, were signed on the occasion of South Korean President Yoon Suk-yeol’s state visit to the US, according to Korea’s Ministry of Trade, Industry and Energy (MOTIE).

The focus of cooperation will be on hydrogen-ammonia blending technology and CCUS among other high-tech joint R&D and technology cooperation, which will be extended to commercialisation in future. A clean hydrogen supply chain MOU was also signed between Korean and US companies.

Participants included Korea’s Doosan, Doosan Robotics, SK, HD Korea Shipbuilding & Offshore Engineering, Hyundai E&C, Lotte Chemical, KEPCO, KHNP and the U.S.’ Boeing, Rockwell, GE Vernova, Centrus Energy, TerraPower, NuScale, Holtec International, ExxonMobil, Plug Power and Siemens.

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