Korea's First Cyan Hydrogen Council 'K-Cyan Hydrogen Alliance' Launched

From Advancing Technology to Building an Industrial Foundation
Kickstarting the Creation of a Korean-Style Cyan Hydrogen Ecosystem

On December 10, at the POSCO Center in Gangnam-gu, Seoul, SK Gas and POSCO Holdings, together with 15 participating organizations including SK Ecoengineering, POSCO, Chungcheongbuk-do Provincial Government, Korea Agency for Infrastructure Technology Advancement, Korea Institute of Industrial Technology, and Korea Gas Corporation, held a launch ceremony for the K-Cyan Hydrogen Council and announced that they had signed a memorandum of understanding (MOU) for cooperation to establish a cyan hydrogen ecosystem.

On the 10th, at the POSCO Center in Gangnam-gu, Seoul, key participants including SK Gas and POSCO Holdings are taking a commemorative photo at the launch ceremony and business agreement signing event of the K-Cyan Hydrogen Council. Photo by SK Gas

This council was established in response to the emergence of cyan hydrogen as a practical and economical hydrogen option in the domestic energy market, given its ability to minimize carbon emissions and ensure stable supply. The initiative aims to simultaneously promote the commercialization of cyan hydrogen technology and build a Korean-style ecosystem. In particular, as cyan hydrogen is considered an essential tool for the transition to clean energy, the launch of this council is expected to further accelerate the realization of a low-carbon society.

Previously, in August, the two companies hosted a cyan hydrogen forum with key academic and industry organizations related to the hydrogen business to discuss the necessity of cyan hydrogen and ways to expand its foundation. The newly launched K-Cyan Hydrogen Council is significant in that it establishes a concrete platform for cooperation and business development among participating organizations, as well as a forum for economic policy discussions related to the cyan hydrogen business.

Under this agreement, the participating organizations plan to cooperate closely on the following core objectives: ▲ advancement and demonstration research of cyan hydrogen production technology ▲ promotion of demonstration projects, joint investment, and business model development for cyan hydrogen ▲ establishment of an industrial foundation for creating a cyan hydrogen ecosystem. Starting with the launch of this council, they have also pledged to achieve their goals through a specific implementation roadmap, which includes in-depth analysis by experts early next year, regular meetings and outreach activities, and finalization of strategic cooperation plans among participating organizations.

Kim Cheoljin, Vice President of SK Gas, stated, "The launch of this cyan hydrogen council will revitalize the domestic hydrogen industry and set a new milestone for our industry and energy transition. As the lead company of the K-Cyan Hydrogen Council, SK Gas will strive to develop and commercialize Korean-style cyan hydrogen technology, foster policy cooperation, and build a comprehensive ecosystem, ultimately working to enhance Korea's status in the global energy market."

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