HD Hyundai Infracore announced on Thursday (8 August) that it has won the government’s first localised hydrogen cell engine generator demonstration project ordered by the Korea Energy Technology Assessment Institute.
The project is to develop and demonstrate a 500-kilowatt (kWe) high-efficiency generator system for clean hydrogen and distributed power generation using a hydrogen engine by June 2027 with a project cost of about KRW 14 billion. Once the demonstration is completed, it is expected that various business models will be discovered along with the business feasibility analysis of the hydrogen engine power generation system.
In addition to developing the hydrogen engine generator system, HD Hyundai Infracore will also explore ways to increase power generation efficiency through engine waste heat recovery and waste heat generation, and verify hydrogen-ammonia blending technology.
Demand for the hydrogen engine generator market is expected to increase in the future. Market research firm Markets & Markets has forecast that the global hydrogen power generation market will grow at a compound annual growth rate of 10.2 per cent from $158.8 billion in 2023 to $257.9 billion in 2028, and in May, the Ministry of Trade, Industry and Energy opened the world’s first clean hydrogen power generation bidding market.
“With this national project, we expect to secure various hydrogen engine power generation-related development and demonstration results in addition to the 200-kilowatt demonstration that we have been conducting through our own investment,” said an official from HD Hyundai Infracore. “Based on this, we will be able to develop and supply customised hydrogen power generation systems that meet the diverse needs of our customers.”
Meanwhile, HD Hyundai Infracore is also developing a vehicle hydrogen engine for trucks and buses with the aim of mass production by the end of next year, and plans to showcase the vehicle hydrogen engine and hydrogen generator set at H2MEET, the largest hydrogen industry exhibition in Korea, to be held at KINTEX in September.
Photo of HD Hyundai Infracore
Press release https://shorturl.at/eklfD
