Kogas puts hydrogen at center of sustainable future

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Kogas puts hydrogen at center of sustainable future

With a hydrogen manufacturing base in Gwangju in the pipeline, Kogas plans to provide 830 thousand tons of hydrogen per year by 2030. [KOGAS]

With a hydrogen manufacturing base in Gwangju in the pipeline, Kogas plans to provide 830 thousand tons of hydrogen per year by 2030. [KOGAS]

While the Korea Gas Corporation (Kogas) has been establishing its natural gas supply chain in Korea for 39 years, the company is now preparing to become a leading global gas company by establishing a comprehensive value chain geared toward a sustainable future.  
 
The Kogas value chain ranges from supplying natural gas to the production, supply and utilization of hydrogen amid the shift of focus to green energy.  
 
“2022 is the most important time in determining the future of Kogas for the next 30 years,” Chae Hee-bong, CEO of Kogas, said in an annual message on Jan. 3, adding that the company will continue focusing on its goal for the future.  
 
This year, Kogas will focus on five main tasks as it works toward carbon neutrality and green new businesses.
 
The company plans to put together a detailed roadmap to carbon neutrality, expand and develop green new businesses such as LNG cold energy and gas to power, and thoroughly manage supply and demand. In addition, it plans to continue to reinforce safety management systems and organizational innovation while converting from analog to digital systems.  
 
With a hydrogen manufacturing base in Gwangju in the pipeline, Kogas plans to provide 830 thousand tons of hydrogen per year by 2030. [KOGAS]

With a hydrogen manufacturing base in Gwangju in the pipeline, Kogas plans to provide 830 thousand tons of hydrogen per year by 2030. [KOGAS]

In the field of hydrogen, Kogas is planning to provide 830 thousand tons of hydrogen per year by 2030 through the construction of hydrogen services adjusted to the condition of each region, starting with a hydrogen manufacturing base in Gwangju.  
 
Along with a production base in Korea, the company plans to provide a total of 1.03 million tons of hydrogen by 2030 with the introduction of green hydrogen generated in Southeast Asia and Australia. The company is planning to safely provide hydrogen by demonstrating a large-scale hydrogen piping mixing process based on an LNG import terminal.
 
By 2030, Kogas will construct a total of 152 hydrogen fueling stations nationwide. Two stations — a Gimhae, South Gyeongsang, station that is already in service and one in Daegu Innovation Town scheduled to open this year — will be operated by Kogas. Another 60 gaseous hydrogen stations will be constructed as the company works with private sector partners including Hynet.  
Kogas is also aiming to operate a 1-gigawatt distributed fuel cell business at the center of the LNG import terminal by 2030.
 
Kogas sets its sight on establishing the first carbon-neutral hydrogen mega station in Pyeongtaek, Gyeonggi as a base for the production, adoption, provision and utilization of hydrogen. A hydrogen extraction center at the station will work in tandem with other facilities to produce and liquefy hydrogen for use in vehicles. Kogas also plans to turn Jeju Island into the world’s first hydrogen-centered green-island.    
 
Kogas is aiming for net-zero carbon emissions by 2045 with a 20 percent reduction in carbon dioxide emission by 2030. The hydrogen, LNG bunkering and cold chain cluster businesses will play a crucial role in achieving this goal.

HAJIN KIM (kim.hajin@joongang.co.kr)
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