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H2Korea Chairman Moon Jae-do delivers a congratulatory speech during the seminar between South Korea and the United Kingdom. Photo courtesy of H2Korea

Two countries hold hydrogen partnership seminar

H2Korea and the British Embassy in Seoul held on July 5 the first hydrogen partnership seminar between South Korea and the United Kingdom online.

The seminar is a follow-up event after the two countries signed a memorandum of understanding last November to cooperate in hydrogen-related businesses.

More than 100 government officials and corporate representatives took part in the seminar where they discussed how to find out new business opportunities together.

From South Korea, such companies as Hyundai Motor, Hyundai Rotem, Hyosung Heavy Industries, Lotte Chemical, and SK Gas joined.

Included in the British participants were Intelligent Energy Hogreen Air, Mott MacDonald, Synergetic Energy.

British firms came up with business ideas like hydrogen-empowered logistics and unmanned aerial vehicles. Their Korean counterparts presented business chances like hydrogen fuel cells and hydrogen trams.

“Both South Korea and the United Kingdom regard hydrogen energy as the next-generation growth engine and a key to attaining carbon neutrality,” H2Korea Chairman Moon Jae-do said.

“Through this meeting, we hope that the two countries will be able to share the strength of each side to achieve a shared growth in the hydrogen economy.”

British Ambassador to Korea Collin Crooks expressed his hopes for brisker collaboration between the two countries in the hydrogen industry down the road.

H2Korea is South Korea’s state-backed organization designed to promote the hydrogen economy _ using hydrogen to decarbonize economic sectors that are hard to electrify.

Earlier this May, almost 20 organizations from across the world formed a global organization, called the Global Hydrogen Industrial Association Alliance (GHIAA).

The alliance is geared toward establishing a new ecosystem focusing on hydrogen. H2Korea chief Moon was elected to head the GHIAA for the next two years.

He worked for the country’s industry ministry and headed the state-run Korea Trade Insurance Corporation.

Hillary Lee studied literature in Seoul. Lee has big interests on various topics including IT, BT, business and finance. Lee can be reached at homin30@hanmail.net or 82-2-6956-6698.