Prime Minister Jeong: "Producing 15GW of Fuel Cells for Power Generation by 2040... Leading the Global Market"

Prime Minister Chung Sye-kyun (Photo by Yonhap News)

[Asia Economy Reporter Kwangho Lee] Prime Minister Chung Sye-kyun stated on the 28th, "By 2040, we aim to produce 15 gigawatts (GW) of fuel cells for power generation, and export about half of that overseas to lead the global market."

Prime Minister Chung attended the completion ceremony of the hydrogen fuel cell power plant in Daesan, Seosan, Chungnam, and said, "We have the goal of developing hydrogen fuel cells into a future export industry."

He added, "It has been 90 years since the first domestic coal-fired power plant, 'Seoul Power Plant,' was completed in 1930. Today, we have established a new history in the power generation industry and hydrogen economy," and praised, "We have completed a commercial power plant that produces energy using by-product hydrogen with our own technology."

He continued, "This is truly the 'world's largest and world's first,'" and congratulated, saying, "Hydrogen is an inexhaustible clean resource."

Prime Minister Chung mentioned, "(The Daesan hydrogen fuel cell power plant) produces electricity sufficient for 160,000 households and supplies power directly to nearby demand sites without transmission lines," adding, "Since there is no separate transmission network, investment costs are reduced, and environmental burdens can be minimized."

Furthermore, he stated, "The Daesan fuel cell power plant applies quality standards based on international criteria from design to manufacturing and operation, and safety is further enhanced through additional inspections domestically," expressing, "If safety management standards are further advanced in the future, the Daesan fuel cell power plant can become a world-class training ground for hydrogen safety."

This content was produced with the assistance of AI translation services.