In early february, executives from leading international oil & gas, energy, science & technology and automotive companies gathered in Seoul for a first-of-its-kind strategic dialogue with the Korean government on how to accelerate the deployment of hydrogen technologies in the Region. The “International Hydrogen Energy Forum” invited top representatives from the Korean National Assembly, as well as several Korean ministries with members and guests of the Hydrogen Council.
The Hydrogen Council’s latest study – Hydrogen, scaling up – identified Korea as leading world-wide adoption of hydrogen-powered fuel cell vehicles, alongside Germany, Japan and California. By 2030, hydrogen-powered passenger cars could represent close to 3% of new vehicle sales – meaning in Korea almost every 12th car sold could be fuelled by hydrogen . The Korean government has also announced ambitious plans to reduce overall CO2 output by 37% until 2030 compared to business as usual, a goal which goes hand in hand with the announcement of increased investments in hydrogen refueling stations – with a target of 310 by 2022.