Jacobs wins feasibility study for green hydrogen production in South KoreaSep 21, 2022 by Energy Connects
Jacobs has been awarded a contract by South Korean offshore wind farm project developer, Elenergy, to complete the feasibility study for a new green hydrogen production and import facility in South Korea.
The facility will provide locally produced and imported green hydrogen for South Korea and help advance the country's plans to transition to a clean energy economy, where hydrogen will account for 33 percent of energy consumption and 23.8 percent of power generation by 2050.
The facility will be powered by 100 percent renewable wind energy sourced from the 1.5GW Chujin Offshore Wind Farm which Elenergy is also currently developing.
Jacobs will conduct a green hydrogen market analysis and technology review, develop the conceptual design and conduct business case assessment for setting up a green hydrogen production facility.
"South Korea is moving at speed and scale to develop the infrastructure, technology and solutions to transition to a hydrogen economy," said Jacobs People & Places Solutions Senior Vice President and General Manager Asia Pacific & Middle East Keith Lawson. "The opportunity to work with Elenergy as a key partner on this project will build on our growing energy transition portfolio in Asia and demonstrates our ambition to be at the forefront of innovative projects to help decarbonise the economy.
"We believe that shaping the schematic concept of this study will lead to defining key factors, which will be the gateway to consolidate potentially the first and largest green hydrogen production project not only in Korea but also in Asia," added Elenergy Executive Director Seung Han.