SEOUL, Sept. 8 (Korea Bizwire) — A new industry-academia research collaboration has been formed to develop the required technology to produce green hydrogen using seawater.
The Korea Institute of Materials Science signed a business agreement with global shipbuilder Hyundai Heavy Industries Co. and Pusan National University to jointly develop a green hydrogen production system and eco-friendly technology.
Under terms of the agreement, the three entities will jointly develop core technologies in the areas of green hydrogen production, eco-friendly marine engines, extremely low temperature equipment, sensor localization, engine controllers and software.
Pusan National University will develop a high-efficiency, low-price catalyst source that can exceed European technologies using an electrode catalyst, which is a core technology for water electrolysis systems.
Hyundai Heavy announced a plan to establish a hydrogen value chain by 2030, with its engine machinery division set to spearhead the empirical testing and commercialization of a MW-class green hydrogen production system.
The institute will be responsible for technological commercialization and empirical tests on the basis of electrode catalysts.
Lina Jang (linajang@koreabizwire.com)