KOGAS Building Hydrogen-producing Convergence Charging Stations | Be Korea-savvy

KOGAS Building Hydrogen-producing Convergence Charging Stations


The country's first self-hydrogen charging station opens at Incheon International Airport, west of Seoul, on Aug. 30, 2022. (Yonhap)

The country’s first self-hydrogen charging station opens at Incheon International Airport, west of Seoul, on Aug. 30, 2022. (Yonhap)

SEOUL, Oct. 27 (Korea Bizwire)South Korea’s state-run gas company Korea Gas Corp. has announced plans to set up so-called convergence charging stations that can directly produce and supply hydrogen for vehicles.

KOGAS said Wednesday it had established a joint venture called HyStation to build and operate liquefied natural gas (LNG)-based hydrogen charging stations that can directly produce hydrogen on-site.

KOGAS is the largest shareholder with a stake of 29 percent, while other front-runners in the hydrogen sector, including Samsung C&T Corp.’s trading unit and Australia’s Woodside Energy Group, participated as minority shareholders.

HyStation plans to build six convergence charging stations that can charge up to 72 hydrogen fuel-cell buses per day, centered around city bus depots.

Since convergence hydrogen charging stations directly produce hydrogen on-site using bio-LNG, they can ensure a stable supply for hydrogen buses and trucks.

In addition, the stations can greatly reduce transportation costs, which account for a substantial part of the unit cost of hydrogen, as well as minimize the risk of any unexpected supply disruptions caused by logistics crises.

J. S. Shin (js_shin@koreabizwire.com)

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