- Hyundai Motor Group indicators a multilateral MoU with Pyeongtaek Metropolis and key stakeholders to develop carbon-neutral hydrogen port initiatives
- Kia and Hyundai Glovis to put in hydrogen gas cell-based energy mills at Pyeongtaek Port
- The initiative will set up large-scale hydrogen infrastructure to decarbonize port
- Hydrogen functions to develop throughout port logistics, power methods and clear transport options
Hyundai Motor Group (the Group) as we speak introduced a multilateral Memorandum of Understanding (MoU) with Pyeongtaek Metropolis and key companions to develop carbon-neutral hydrogen port initiatives. The partnership goals to ascertain Korean mannequin for port decarbonization and contribute to nationwide carbon neutrality targets.
Underneath the settlement, Hyundai Motor Firm will oversee hydrogen-related enterprise technique, whereas Kia Company and Hyundai Glovis Co. will introduce and function hydrogen gas cell energy mills at their amenities in Pyeongtaek Port. The initiative goals to put the inspiration for large-scale hydrogen use throughout port operations.
The plan consists of leveraging the hydrogen manufacturing advanced close to Pyeongtaek Port to ascertain a secure hydrogen-based energy provide system with a 15-km pipeline. The Group and companions will complement these efforts with joint expertise improvement and demonstration tasks for gas cell mills at Kia and Hyundai Glovis amenities.
The Group and Pyeongtaek Metropolis will flip these plans right into a complete power framework for port operations. This framework will guarantee reliability by way of gas cell energy era and an built-in hydrogen provide system. In parallel, they are going to develop hydrogen-powered transport autos and port gear and set up hydrogen refueling stations.
Ken Ramirez, Head of World Vitality & Hydrogen Enterprise Division at Hyundai Motor Group stated: “Hyundai is honored to collectively drive this vital collaboration as a public-private partnership aimed toward delivering real-world hydrogen functions to realize the targets of each, the Ministry of Oceans and Fisheries’ ‘Hydrogen Port’ coverage and the Ministry of Land, Infrastructure and Transport’s ‘Hydrogen Metropolis’ coverage. It represents the primary home initiative to ascertain a broad hydrogen ecosystem for port decarbonization, leveraging Pyeongtaek Port’s superior infrastructure.”
Lengthy-term plans for the mission embody creating hydrogen and ammonia bunkering amenities to assist future zero-emission vessels and exploring the adoption of Various Maritime Energy (AMP) methods to scale back emissions from berthed ships.
The Group and Pyeongtaek Metropolis goal to develop the inexperienced hydrogen provide chain by way of ammonia imports and broaden hydrogen-based operations to reinforce stability and effectivity. Collaboration with Gyeonggi Pyeongtaek Port Company (GPPC) and the Pyeongtaek Regional Workplace of Oceans and Fisheries will concentrate on enterprise enlargement methods and regulatory enhancements.
Beginning in November 2024, Hyundai Motor has piloted Korea’s first hydrogen-powered auto transport truck between its Asan plant and Pyeongtaek Port, underscoring the Group’s dedication to decarbonizing port logistics and constructing a complete hydrogen mobility ecosystem.
Hyundai Motor Group goals to contribute to the event of Pyeongtaek’s hydrogen ecosystem by leveraging its group-wide hydrogen enterprise capabilities by way of HTWO, the Group’s devoted hydrogen model and enterprise platform. The Group continues to advance scalable hydrogen options throughout the great worth chain whereas fostering collaboration, innovation, and funding with exterior companions to speed up the transition to a sustainable hydrogen economic system.
