Changwon City and Hanwool Nuclear Power Co. Join Hands for World's Largest Hydrogen-Based Energy Supply Project

Joint Cooperation for Hydrogen Full-Cycle and Energy Convergence Projects for Carbon Neutrality and Related Industry Development

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Changwon City in Gyeongnam Province will transform into an energy self-sufficient future city by 2025 through the world's largest fuel cell power generation and electricity supply.

On the 9th, Changwon City signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power at the Seongju-dong Hydrogen Energy Circulation System Demonstration Complex to jointly develop hydrogen and energy convergence projects and strengthen cooperation.

The city and KHNP signed this agreement to actively promote hydrogen-based energy policies based on mutual business synergy and capabilities.

Through this agreement, the city and KHNP will cooperate on joint projects to foster the hydrogen-related industrial ecosystem within Changwon.

In particular, KHNP plans to build a 100MW-class fuel cell power plant within the city.

It is expected that the construction of the power plant will generate economic effects worth several hundred billion won in Changwon.

Mayor Heo Seong-moo said, "Since the declaration of Changwon as a special hydrogen industry city in November 2018, we have pursued hydrogen industry policies as a future growth engine for Changwon, achieving many results so far," adding, "Through the 2040 Changwon Hydrogen Vision, we have created an important opportunity for Changwon to truly become a hydrogen city."

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