Korea’s share of global patent applications in the hydrogen storage and transportation sector over the past 10 years (2011-2020) was only 5 percent of the total, according to the report titled “Policy Research to Strengthen Korea’s Hydrogen Industry Competitiveness: Status of Fostering the Hydrogen Storage and Transportation Industry and Tasks” released by the Korea International Trade Association (KITA) on Aug. 15.
This is a huge gap compared to the European Union with 33 percent, the United States with 23 percent, and Japan with 22 percent. The report attributes this to the fact that Korea’s investment in the hydrogen industry has been lopsided toward technology investments centered on hydrogen utilization fields.
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