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Hyosung Heavy Industries is set to build Korea’s first liquefied hydrogen station in Samcheok, Gangwon-do Province.
At a ceremony held on Oct. 10 at Kangwon National University in Samcheok, with Prime Minister Jeong Se-gyun who serves as the Chair for the Hydrogen Council, the Governor of Gangwon Province Choi Mun-sun, and CEO Kim Dong-woo of Hyosung Heavy Industries in attendance, Hyosung Heavy Industries signed an MOU with the Gangwon-Do Provincial Office for the construction of a liquefied hydrogen station.
The liquefied hydrogen station is to be built in connection with the formation of a liquefied hydrogen industry cluster in Gangwon-do, which was designated as a special deregulated zone concerning the liquefied hydrogen industry last July. The Ministry of Trade, Industry, and Energy (MOTIE) and the Gangwon-do Provincial Office plan to have △ liquefied hydrogen produced in Samcheok and △ containers for storing the liquefied hydrogen produced in Gangneung and Donghae.
Hyosung Heavy Industries started the construction of gas hydrogen stations in 2008, ranking first in domestic market share. Together with Linde, a world-class chemical company specializing in industrial gas, it is to build a liquefied hydrogen factory with capacity of 13,000 tons a year in Ulsan by 2022. It will also build liquefied hydrogen stations in major areas nationwide, including the one in Samcheok.
Liquefied hydrogen stations work faster than existing gas stations, and their operation is more economical. In the time spent to fill a vehicle with fuel at a gas hydrogen station, one can fill four vehicles at a liquefied hydrogen counterpart. Liquefied hydrogen stations work faster even in the case of a large-sized bus or a commercial truck. As a concentrated form of hydrogen storage, liquefied hydrogen takes less space than when stored as a gas. It means that it provides more advantage in terms of storage and transportation. A liquefied hydrogen station takes up only about 30 percent of the space required for a gas hydrogen station.
Construction of the liquefied hydrogen stations is expected to put the Company ahead of the other businesses in the establishment of the mobility-related hydrogen industry ecological system and to contribute to the development of other mobility-related industrial sectors including drones, ships, and forklifts, in addition to hydrogen vehicles.