SK Ecoplant-Namdong Power to Promote Green Hydrogen Project Development in UAE and Oman

Annual Production Target of 50,000 Tons of Green Hydrogen and 250,000 Tons of Green Ammonia

SK ecoplant announced on the 15th that it signed a Memorandum of Understanding (MOU) for 'Joint Cooperation in Green Hydrogen-Green Ammonia Business Development' with Korea South-East Power at its headquarters in Jongno-gu, Seoul.

Bae Seong-jun, Executive Director of Energy Strategy at SK Ecoplant (right), and Eun Sang-pyo, Head of New Business Division at Korea South-East Power Co., Ltd. (left), are posing for a commemorative photo at the memorandum of understanding ceremony for joint cooperation in green hydrogen-green ammonia business development held on the 14th at the headquarters in Susong-dong, Jongno-gu, Seoul. (Photo by SK Ecoplant)

According to the agreement, both companies will jointly promote the development of green hydrogen and green ammonia projects in the United Arab Emirates (UAE) and Oman. SK ecoplant will oversee and lead the preliminary feasibility study for the green hydrogen project development, while Korea South-East Power will support the business development. Korea South-East Power also plans to explore ways to import green hydrogen and green ammonia into Korea for co-firing power generation in the future.

To this end, the two companies will begin a preliminary feasibility study for infrastructure construction for green hydrogen and green ammonia production in the industrial complex located in the Abu Dhabi economic free zone in the UAE.

SK ecoplant aims to produce 50,000 tons of green hydrogen and 250,000 tons of green ammonia annually by electrolyzing water with electricity generated from solar power on a site within the economic free zone industrial complex. Through this preliminary feasibility study, they plan to comprehensively verify the detailed project scale and the producible capacity of green hydrogen and other products.

SK ecoplant is recognized for having a competitive value chain ranging from renewable energy power generation project development such as offshore wind and solar power, equipment manufacturing, and operation, to green hydrogen production based on water electrolysis technology that produces hydrogen by splitting water with electricity generated from renewable energy, and conversion to green ammonia without carbon emissions.

Based on these capabilities, SK ecoplant is also conducting a large-scale green hydrogen commercial project in collaboration with World Energy GH₂ in Canada, based in the Stephenville area of Newfoundland and Labrador. This project produces green hydrogen without carbon emissions using wind power on Newfoundland Island, located at the easternmost part of Canada, converts it into green ammonia, and transports it from the North American continent to Europe.

Seongjun Bae, Executive Director of Energy Strategy at SK ecoplant, said, "SK ecoplant has fully equipped the value chain from renewable energy development to green hydrogen production as well as rapid execution capabilities. We will actively respond to the increasing demand for green hydrogen, especially in energy-intensive industries, as a key market player that timely captures global green hydrogen business development opportunities and realizes effective supply."

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