According to Yonhap News Agency, the Ministry of Science, Technology and Information Communication (MOST) held its 5th Carbon Neutral Technology Special Committee meeting today to consider and adopt the Carbon Neutral Technology Innovation Strategy Roadmap, which is a follow-up to the “Carbon Neutral Green Growth Technology Innovation Strategy” published by the 2050 Carbon Neutral Green Growth Committee last month. This is a follow-up to the “Carbon Neutral Green Growth Technology Innovation Strategy” published by the 2050 Carbon Neutral Green Growth Council last month.
According to the roadmap, Korea will establish the world’s largest new domestic carbon dioxide storage, increase the supply of hydrogen energy, and expand the use of zero-emission fuels as a percentage.
In terms of carbon dioxide capture, utilization and storage (CCUS), the Korean government will implement a comprehensive demonstration project in the East Sea gas field, aiming to reach 4 million tons and 15 million tons of annual carbon dioxide storage capacity by 2030 and 2050, respectively.
CCS (Carbon Capture and Storage) is a technology for capturing and storing carbon dioxide, which separates carbon dioxide produced by industry and related energy industries through carbon capture technology, and then transports and stores it in places isolated from the atmosphere, such as under the sea or underground, through carbon storage means.
South Korea’s Ministry of Science and Technology said, “The plan is to move toward operating the world’s largest storage.” At the same time, they have decided to collect large amounts of carbon dioxide economically and store it safely or use it as a product with economic value.
In terms of hydrogen energy production and supply, the Korean government will provide support for the development of technologies such as mass storage and long-distance gas transportation, aiming to achieve the goal of producing and supplying 1.94 million tons of hydrogen energy by 2030 and 29.7 million tons by 2050, thereby expanding the production capacity of hydrogen-related to renewable energy in stages.
To this end, Korea plans to select the best green hydrogen production model through small-scale demonstration of various methods by 2025 and promote commercial-level demonstration businesses by 2028, as well as develop technologies for large-capacity storage, long-distance transportation, domestic unloading and supply to bring clean hydrogen produced abroad into the country and improve gas transportation technologies to disseminate hydrogen on a large scale and secure a high-strength pipeline network dedicated to hydrogen. and other technologies.
In terms of hydrogen vehicles, the Korean government aims to promote 4.5 million hydrogen energy vehicles by 2030 by conducting empirical evidence of next-generation battery vehicles for this purpose and developing technologies to prevent battery fires.
In addition, Korea plans to expand ammonia hybrid power generation to 3.6% of the total power generation capacity by 2030, and to expand carbon-free gas turbines using hydrogen to 21.5% of the total by 2050.