Hyundai Engineering announced on June 16 that it has signed MOUs with POSCO, North Gyeongsang Province, Uljin County, Pohang University of Science and Technology, Research Institute of Industrial Science & Technology (RIST) and Korea Atomic Energy Research Institute (KAERI) to "develop green hydrogen production technology using nuclear power."
The MOU was conducted through a video connection between POSCO Center in Seoul and Pohang University in North Gyeongsang Province. The MOU was attended by Hyundai Engineering CEO Kim Chang-hak, POSCO Vice President Yoo Byung-ok, North Gyeongsang Province Governor Lee Chul-woo, Uljin County Governor Jeon Chan-geol, Pohang University President Kim Moo-hwan, RIST Chairman Yoo Sung and KAERI president Park Won-seok.
The business agreement signed by seven institutions on this day is related to hydrogen production development technologies such as the development of high-temperature hydrogen production technology, the development of high-temperature water electrolysis systems, the development and support of demonstration technology, the revitalization of the local hydrogen economy and job creation.
In the future, each organization will jointly participate in the development of green hydrogen production technology based on active mutual exchange of human resources, technical information, research facilities and equipment.
Green hydrogen is a concept that refers to hydrogen produced without generating carbon dioxide using renewable and nuclear energy, and is in the spotlight as an eco-friendly hydrogen.
Hydrogen production using high-temperature gas furnace, a key area of the agreement, is a high-efficiency energy production technology that produces large amounts of hydrogen by electrolyzing water in a high-temperature water electrolysis method by utilizing high temperatures of 750 degrees.
It is also drawing attention as an eco-friendly technology due to its low risk of radioactive contamination by using "helium gas" as a coolant, unlike ordinary atoms, without greenhouse gases in the production process.