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Recently, Park Ki-young, the second official of the Ministry of Trade, Industry and Energy of Korea, held a symposium with people from enterprises related to the hydrogen energy industry at the Korea Energy Technology Research Institute in Daejeon, stating that the Korean government will formulate and release the "Basic Plan for Hydrogen Economic Development" within this year
.
Not only that, with the slow recovery of the global economy, oil giants have also begun to invest heavily in chasing hydrogen energy projects
Hydrogen is rich in resources, high in combustion heat, zero pollution, and no noise.
It is the ideal energy source for the future
.
This is beyond doubt
Cost is also the most important challenge encountered by hydrogen energy substitution
.
Currently, most hydrogen is made from fossil fuels, mainly natural gas, or gray hydrogen
Renewable electricity itself is costly, and hydrogen production is another costly activity
.
The profitability of this plan remains to be examined
At present, the global transitional step for large-scale green hydrogen production is to collect and store the carbon produced by natural gas hydrogen production to reduce emissions, that is, to produce so-called blue hydrogen
.
However, blue hydrogen is actually achieved by carbon capture on gray hydrogen
