FuelCell Energy, based in the U.S., has entered into a memorandum of understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) to jointly explore clean hydrogen projects in Korea. This partnership aims to leverage FuelCell Energy’s solid oxide electrolysis hydrogen platform alongside KHNP’s nuclear power assets, adhering to relevant regulations, reported Offshore Energy.
The collaboration is designed to harness South Korea’s clean energy resources, utilizing FuelCell’s electrolyzer technology to generate cost-effective domestic hydrogen and reduce reliance on imported fuel sources. The hydrogen produced through electrolysis can be stored and transported, facilitating the availability of zero-carbon energy derived from wind, solar, hydro, and nuclear sources as needed. Additionally, the electrolyzer technology has potential applications in developing e-fuels for transportation and producing ammonia for fertilizers.
Kong Young-gon, Vice President of KHNP’s Hydrogen and Smart Business Department, expressed enthusiasm about the partnership, emphasizing its alignment with the company’s sustainability goals. He noted that this collaboration represents a significant step toward innovation in the energy transition.
Jason Few, President and CEO of FuelCell Energy, highlighted the synergy between the two companies, citing KHNP’s vast experience in energy generation as a key asset in advancing sustainable solutions. He expressed optimism about the potential impact of their partnership on the energy landscape in South Korea.
FuelCell Energy currently has over 100 megawatts of installed capacity operating in South Korea. KHNP, for its part, manages a diverse portfolio of electric-generating plants, including nuclear, hydroelectric, and renewable energy facilities.
In a related effort earlier this year, FuelCell Energy signed a similar MoU with Malaysia Marine and Heavy Engineering (MMHE) to collaborate on developing large-scale electrolyzer facilities across Asia, New Zealand, and Australia, aiming to enhance clean hydrogen production accessibility.
