The Korea Gas Corporation (KOGAS) is aiming to seize the hydrogen opportunity as it expects to supply 830,000 tonnes of the clean energy carrier by 2030.
As part as a large-scale expansion into the clean energy market, KOGAS will also look to establish 152 hydrogen refuelling stations, 1GW of distributed fuel cells and create a carbon neutral hydrogen mega station platform.
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With this, the company also expected operating profits for hydrogen to reach around ₩3 trillion ($2.53m).
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