South Korea's H2 MEET 2024 Showcases Global Hydrogen Industry Progress

October 20th, 2024 7:00 AM
By: Newsworthy Staff

South Korea's largest hydrogen industry exhibition, H2 MEET 2024, concluded successfully, highlighting advancements in hydrogen technology and the country's commitment to leading the global hydrogen economy.

South Korea's H2 MEET 2024 Showcases Global Hydrogen Industry Progress

The recently concluded H2 MEET 2024, South Korea's premier hydrogen industry exhibition, has underscored the nation's dedication to spearheading the global hydrogen economy. The three-day event, held at KINTEX in Goyang City from September 25 to 27, attracted 317 companies and organizations from 24 countries, drawing over 41,000 visitors and solidifying its status as a leading global hydrogen expo.

The exhibition showcased cutting-edge technologies across three main sectors: hydrogen production, storage and transportation, and utilization. Major industry players, including Hyundai Motor Group, Korea Zinc, and Robert Bosch Korea, presented their latest innovations. Visitors had the opportunity to experience hydrogen-powered mobility firsthand, with displays of hydrogen buses, trucks, tractors, drones, and trams, as well as a special hydrogen refueling station zone.

Nam-Hoon Kang, Chairman of H2 MEET, addressed key industry concerns in an interview, highlighting South Korea's strategic approach to overcoming challenges in the hydrogen sector. Kang emphasized the government's efforts to stimulate market growth through subsidies, infrastructure support, and policies aimed at reducing production costs for hydrogen vehicles. The country aims to supply 300,000 hydrogen vehicles and 660 hydrogen refueling stations by 2030, aligning with its Nationally Determined Contributions (NDC) target.

Kang also discussed the shift in focus from passenger cars to commercial vehicles, presenting new opportunities for hydrogen production companies and improving refueling infrastructure efficiency. He acknowledged the technical challenges facing green hydrogen production but highlighted government initiatives to encourage renewable energy-based power plants and set mandatory green hydrogen usage targets.

The exhibition featured numerous side events, including the Leaders Summit, Country Day sessions, and the H2 Innovation Awards, fostering global partnerships and knowledge exchange. The strong international presence, including pavilions from Canada, Australia, and Switzerland, underscored the event's significance in promoting collaboration and exploring technological advancements in the hydrogen industry.

South Korea's commitment to hydrogen energy and mobility is evident in its clear policy goals and support for the industry through subsidies and resource management strategies. The country is actively working to expand green hydrogen infrastructure, with major companies like Hyundai, SK, and POSCO collaborating with global partners. H2 MEET plays a crucial role in strengthening public-private partnerships and international networks, ultimately advancing the global hydrogen economy.

As the hydrogen industry continues to evolve, South Korea's leadership in technology development and market creation positions the country as a key player in shaping the future of clean energy. The success of H2 MEET 2024 demonstrates the growing interest and investment in hydrogen technologies, signaling a promising outlook for the industry's role in achieving global carbon neutrality goals.

Source Statement

This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,

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