Korea’s hydrogen-related Green New Deal policy

• Laying the foundation
  for wider adoption of
  Hydrogen Business and
  supporting fair
  transition

  Intense R&D support for hydrogen materials, parts, and equipment suppliers
  Developing proprietary technologies throughout, from hydrogen generation
  to distribution and to utilization

  
• Increasing the
  deployment of
  hydrogen stations

  Increasing demand for hydrogen stations due to nationwide
  distribution of hydrogen vehicles.
  
  [Roadmap to Hydrogen Economy] Goals for adoption of
  hydrogen stations (cumulative)
  171 hydrogen stations by 2020
  310 hydrogen stations by 2022
  660 hydrogen stations by 2030
  1,200 hydrogen stations by 2040

  
• Wider adoption of
  hydrogen vehicles

  A manufacturing system will be put in place for the commercial production of
  100,000 hydrogen vehicles each year, and key components will be localized by
  2025 Under government policy, cumulative hydrogen vehicle production will
  be 6.2 million by 2040 (2.9 million domestically, 3.3 million exported)

  

• Become a pioneer in the fast-growing global market
  Achieve zero-carbon goals in Korea, which is lacking in Hydrogen Business resources
  Strengthen energy security by reducing dependence on imports and diversifying energy sources