• South Korea Hydrogen
  • Hydrogen Economy
  • Renewable Energy Korea
  • Green Technology
  • KRW26Trillion2030

Last Update 06 March 2024

Commercial supply chain and hydrogen strategy roadmap for Asia Pacific - South Korea

SOUTH KOREA


South Korea is betting big on hydrogen. The market size of Korea is anticipated to reach Korean Won (KRW) 26.8 Trillion by 2030
SOUTH KOREA
The hydrogen economy is of key strategic importance to Korea, a country lacking in both conventional and easily exploitable renewable energy resources. Its industrial gases industry has long been influenced by Japanese, American and German technologies and standards, but as hydrogen begins to play a more transformative role in the broader economy, Korea is keen to ensure it has greater control over the technologies and standards that will underpin that transition. Building on this, the Korean government announced its Hydrogen Economy Roadmap in 2019.


Hydrogen strategy roadmap and targets for S.Korea – A landscape view till 2030


The roadmap aims to deploy 15GW of utility-scale and 2.1GW of commercial and residential fuel cells by 2040. In terms of mobility, the goal is to have 5.9 million fuel cell cars and 60,000 fuel cell buses on the road by 2040 all supported by 1,200 hydrogen refuelling stations.

BEST VISION IS INSIGHT

Combine market knowledge and your skill to contribute value for end consumers

electirc-vehicle-adaption-01.jpg

Electric Vehicles Adaptation Target in the Southeast Asian Nations

Read more  →
arr-power-sales-od-01.jpg

Discom wise Projected Power Sales & Annual Revenue Requirement in Odisha for FY 2024-25

Read more  →
arr-power-sales-mp-01.jpg

Discom wise Estimated Power Sales & Annual Revenue Requirement in Madhya Pradesh for FY 2023-24

Read more  →

Get started with
EI Market personalised demo

Complete the form to get in touch with our sales team to see our Visionboard platform in action. We'll show you how you can use eninrac to build a culture of action of consistently hunting down and eliminating poor market research expriences across your companies line of business

power by why
REQUEST DEMO
By providing this information, you grant consent that we may process your personal data in accordance with our Privacy Statement.
By submitting this form, you grant consent to receive marketing information from eninrac as set out in our Terms of Service & Privacy Statement. You may unsubscribe at any time.
budget India Budget