HD Hyundai's Initiative Towards Zero-Carbon Shipping with SOFC Technology
Key Ideas
  • HD Hyundai affiliates sign MOU for developing SOFC-based zero-carbon technology in shipping with HMM and Korean Register.
  • Goal to create carbon-reducing container ships using SOFC, ammonia SOFC, and carbon capture systems.
  • SOFC technology offers high electrical efficiency and reduced carbon emissions, aligning with IMO's carbon tax resolution for the shipping sector.
  • HD Hyundai's subsidiary, HD Hydrogen, to expand product lineup with SOFC production plant in Pyeongtaek by the end of the year.
HD Hyundai, through its affiliates HD Hydrogen, HD Korea Shipbuilding & Offshore Engineering, and HD Hyundai Heavy Industries, has initiated a project to achieve zero carbon emissions in the shipping industry by commercializing solid oxide fuel cell (SOFC) technology for ships and ports. The companies signed a memorandum of understanding (MOU) with HMM and Korean Register to develop SOFC-based zero-carbon solutions. The agreement involves creating carbon-reducing container ships equipped with eco-friendly SOFC technology and exploring ammonia SOFC and carbon capture systems. The move aligns with the International Maritime Organization's (IMO) carbon tax resolution, reflecting the global demand for carbon neutrality in shipping. SOFC technology, known for its high electrical efficiency and ability to reduce carbon emissions, is considered crucial for ship decarbonization. HD Hyundai's subsidiary, HD Hydrogen, is at the forefront of this initiative, aiming to expand its product range with the upcoming completion of an SOFC production plant in Pyeongtaek. This strategic step emphasizes the company's commitment to environmental sustainability and the adoption of innovative fuel cell technology in the maritime sector.
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