Hyundai Signs MOU for Developing Hydrogen-Powered Ships with Korean Companies
Key Ideas
  • Hyundai, along with HD Hydrogen, HD Korea Shipbuilding & Marine Engineering, and HD Hyundai Heavy Industries, signed an MOU with HMM and KR to develop solid oxide fuel cells (SOFC) technology for eco-friendly shipping.
  • The agreement aims to create carbon-reducing container ships equipped with SOFC, ammonia SOFC, and carbon capture systems, contributing to net zero carbon emissions in the shipping sector.
  • Solid oxide fuel cells are highlighted for their ability to generate electricity and heat using various fuels like natural gas, biogas, and hydrogen, positioning them as a crucial technology for decarbonizing ships.
  • HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries will lead the development of carbon-reducing container ships based on SOFC technology, with Korean shipbuilders handling verification and certification.
Hyundai announced a significant step towards eco-friendly shipping by signing a memorandum of understanding (MOU) with various Korean companies to develop solid oxide fuel cell (SOFC) technology for ships and ports. The collaboration involves HD Hydrogen, HD Korea Shipbuilding & Marine Engineering, and HD Hyundai Heavy Industries partnering with HMM and KR to work on innovative solutions for the shipping industry. The focus of the agreement is on creating carbon reduction container ships that utilize SOFC technology, ammonia SOFC, and systems for capturing carbon emissions. SOFCs are highlighted for their efficiency in generating electricity and heat using different fuels such as natural gas, biogas, and hydrogen. These fuel cells are considered essential for reducing carbon emissions in the maritime sector compared to traditional fossil fuel power generation methods. HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries will spearhead the development of carbon-reducing container ships based on HD Hydrogen's SOFC technology, while Korean shipbuilders will be responsible for the verification and certification processes, ensuring the effectiveness and safety of these innovative vessels.
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