The South Korean government is planning to launch a tender market, aiming to achieve up to 6,500GWh of electricity production through clean hydrogen generation over the next 15 years. South Korea has ambitious plans for the use of hydrogen and ammonia in power generation. By 2027, the country expects to generate 3,000-3,500 GWH of electricity per year from clean hydrogen.

South Korea's Ministry of Trade, Industry and Energy (MOTIE) announced on May 24 that under the plan, operators awarded contracts must start production by 2028. The winning bidder will have a three-year preparation period and a one-year grace period. Tender options can include 100 percent hydrogen-based power generation, co-combustion of ammonia with natural gas or hydrogen, and selection criteria will be based on the bid price, the amount of electricity generated and the greenhouse gas (GHG) emissions from the hydrogen production process.

The bidder has the right to bid with low hydrocarbon, i.e. no more than four kilograms of carbon dioxide per kilogram of hydrogen. MOTIE further revealed that there are plans to hold three auctions for gray hydrogen power generation, with an annual auction volume of up to 1,300GWh, which is expected to be operational from 2026. Following the first round of 715GWh in March last year and the second round of 650GWh in September last year, the government will select the winning bidder in August this year based on factors such as price and impact on the power system.

South Korea appears to be highly dependent on exports of clean hydrogen to meet its needs. According to the Hydrogen Council, South Korea is expected to become one of the largest markets for clean hydrogen by 2050, with an annual demand of about 35 million tons. (This article from see road official website www.seetao.com without permission must not be reproduced, reproduced please indicate see road network + original link) See road network strategic column editor/Xu Shengpeng