Korea Energy University-Dukyang Join Hands to Collaborate on National R&D Projects
Agreement Signed for Industry-Academia Cooperation on Blue Hydrogen and CCUS Research
[Asia Economy Honam Reporting Headquarters Reporter Cho Hyung-joo] Korea Energy Engineering University (President Yoon Eui-jun) and Duckyang Co., Ltd. (CEO James Kim) have joined hands to jointly promote a national R&D project.
Korea Energy Engineering University announced on the 25th that it signed a memorandum of understanding with Duckyang on the 24th to promote research and industry-academia cooperation related to blue hydrogen and CCUS.
The agreement was attended by Yoon Eui-jun, President of Korea Energy Engineering University, Jin-ho Park, Vice President of Research, Sang-chul Han, Director of Planning, Seong-mu Lim, Director of Research, Professor Ji-hyun Hwang, and from Duckyang Co., Ltd., CEO (President) James Kim, COO Jeong-sang Kim, Director Young-gil Lee, and Senior Advisor Sang-geun Choi.
Through this memorandum of understanding, both institutions plan to mutually cooperate in ▲ research collaboration on SMR (Steam Methane Reforming) ▲ hydrogen purification and liquefaction ▲ research cooperation on CO2 capture, liquefaction, and utilization ▲ exchange of materials and information related to research and development ▲ sharing know-how on industrial application of cooperative technologies ▲ discovering joint research and development topics, industry-academia cooperation, and jointly promoting national research projects.
James Kim, CEO of Duckyang, said, “Based on the memorandum of understanding with Korea Energy Engineering University, we will pursue a strategy to produce and supply low-carbon hydrogen for 2050 carbon neutrality and make thorough preparations to stably introduce carbon-neutral hydrogen to Korea.”
Yoon Eui-jun, President of Korea Energy Engineering University, stated, “This memorandum of understanding is significant as the beginning of establishing a stable and economical blue hydrogen infrastructure,” and added, “We expect synergy effects between Korea Energy Engineering University, a research-oriented university, and Duckyang, a leading company in blue hydrogen.”
Meanwhile, Duckyang supplies the largest scale of by-product hydrogen and reformed hydrogen in Korea to the refining, petrochemical, steel, and semiconductor industries.
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They capture and purify by-product carbon dioxide generated during the natural gas reforming process to produce liquefied carbon dioxide, and recently, through fuel cells gaining attention alongside the hydrogen economy, they are expanding their blue hydrogen business to automobiles, high-speed trains, ships, aviation transport, and large-scale power generation.
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