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THE INVESTOR
September 21, 2019
Big Reunion

Economy

Korea to add 1,200 hydrogen charging stations by 2040

  • PUBLISHED :September 10, 2019 - 14:21
  • UPDATED :September 10, 2019 - 14:21
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South Korea’s Industry Ministry said Sept. 10 it plans to install some 1,200 hydrogen charging stations across the country by 2040 in line with its vision to utilize hydrogen as the main source of energy.

In a bid to promote the awareness of such a hydrogen charging station, the ministry held a ceremony to open a new hydrogen charging station at the National Assembly building in western Seoul.


The charging station is capable of supplying hydrogen to more than 70 automobiles every day.

Currently, Korea operates 29 hydrogen charging stations, including three in the capital city, with plans to gradually expand the number to 310 by 2022.

Hydrogen is an environment-friendly alternative to fossil fuels as automobiles running on the resource only create water in the process of generating power. It can be produced by processing LNG or as a by-product of industrial facilities, including petrochemical plants.

Nearly 3,000 hydrogen fuel cell cars were on the road as of last month, a sharp increase from around 900 units posted in December.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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