Hyundai Heavy Industries Group aims to complete a hydrogen value chain from production to transport, storage and sale of fuel cell by 2030.
Last week, Hyundai Heavy Industries revealed its hydrogen roadmap 2030, focusing on establishing its own value chain for hydrogen based on infrastructure and technical competitiveness.
According to company’s plan, Hyundai Heavy Industries Group will set out a value chain from production to transport, storage and use on hydrogen fuel.
Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding entity, will lead the production, transport and supply. KSOE will establish the hydrogen production infrastructure, and wiil be responsible for green hydrogen plant business,.
KSOE also plans to speed up development of hydrogen tankers for stable supply of hydrogen and hydrogen-powered cargo vessels using the fuel cell technology.