The Korea Power Exchange, which manages the electric power market and the national power grid, including the hydrogen power sector, issued a tender notice for the Clean Hydrogen Power Auction.
This follows amendments to the Hydrogen Act in June 2022, its enforcement on November 30, 2023, and the establishment of the Clean Hydrogen Certification System.
The Notice reflects the government’s dedication to carbon neutrality via clean hydrogen, particularly green hydrogen, despite its higher cost, by differentiating points across hydrogen grades. Bidders should carefully consider these factors, as well as the risks of bid cancellation, price adjustments, and contract termination outlined in the Notice, when preparing their proposals.
The partnership aims to increase supply of hydrogen-based sustainable aviation fuel in the Nordics whilst…
Tata Motors has launched its hydrogen-powered truck project with IOCL in aims of pushing sustainable…
The maiden 500km test flight has been scheduled for late 2025. An Australian aviation start-up…
The offtake agreement is set to ensure an “efficient” supply of green hydrogen to customers…
The Estonian company will use the funds to support ongoing construction of its new 14,000…
The Oman project is expected to become operational in 2026, with initial capacity expected to…