Changwon Special City to Raise Hydrogen Gas Sales Prices at Hydrogen Charging Stations Starting April
Price Increase from 8,000 KRW to 9,400 KRW per kg
Changwon Special City in Gyeongnam will raise the hydrogen sales price at eight hydrogen charging stations within the city (Pallyong, Seongju, Deokdong, Jungang, Jukgok, Sarim, Gapo, Daewon) from 8,000 KRW per kg to 9,400 KRW per kg starting April 1.
Due to increased raw material and transportation costs caused by last year's Russia-Ukraine war, other local governments recently raised their hydrogen sales price to 9,900 KRW. The national average sales price is 9,427 KRW.
The city has continuously strived over the past six years to ensure a stable supply of hydrogen at the charging stations, but due to increased operating costs such as hydrogen purchase, supply expenses, and maintenance costs of the stations, raising the hydrogen sales price became inevitable, leading to this decision.
The city and Changwon Industry Promotion Agency conducted a cost calculation study in February to determine a reasonable hydrogen sales price, and based on the results, held a price adjustment review committee.
As a result of the review, it was decided to raise the hydrogen gas sales price at local hydrogen charging stations to 9,400 KRW per kg, and from April 1, hydrogen gas will be sold at the increased price at the city's hydrogen charging stations.
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Ryu Hyojong, Director of the Future Strategy Industry Bureau, said, “We ask for citizens’ understanding regarding the increase in hydrogen charging station sales prices. We will do our best to ensure stable operation and expansion of hydrogen charging stations in the future.”
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