• Journal of Hydrogen and New Energy
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• v.33 no.6
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• pp.607-615
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• 2022

In this study, economic analysis program was developed for economic evaluation of hydrogen production, storage/delivery, and utilization technologies as well as overseas import of hydrogen. Economic analysis program can be used for the estimation of the levelized cost of hydrogen for hydrogen supply chain technologies. This program include five hydrogen production technology on steam methane reforming and water electrolysis, two hydrogen storage technologies (high compressed gas and liquid hydrogen storage), three hydrogen delivery technologies (compressed gas delivery using tube trailer, liquid hydrogen, and pipeline transportation) and six hydrogen utilization technologies on hydrogen refueling station and stationary fuel cell system. In the case of overseas import hydrogen, it was considered to be imported from five countries (Austraila, Chile, India, Morocco, and UAE), and the transportation methods was based on liquid hydrogen, ammonia, and liquid organic hydrogen carrier. Economic analysis program that was developed in this study can be expected to utilize for planning a detailed implementation methods and hydrogen supply strategies for the hydrogen economy road map of government.

• Journal of Hydrogen and New Energy
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• v.33 no.6
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• pp.616-622
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• 2022

At the present time, interest in hydrogen is increasingly growing worldwide to tackle climate change. Korea also takes an action by announcing the first hydrogen economy implementation basic plan with the import targets of 22.9 million tons of hydrogen from oversea in 2050. To achieve this plan, it is very essential to establish an overseas hydrogen supply chain. In this paper, the study estimates the import price for hydrogen into basic scenario and comprehensive scenario, and also analyses economic feasibility considering price of the each technology.

• Journal of the Korean Society of Industry Convergence
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• v.27 no.3
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• pp.547-553
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• 2024

Hydrogen is considered a key energy source to achieve carbon neutrality through the global goal of 'Net Zero'. Due to limitations in domestic green hydrogen production, Korean companies are interested in importing green hydrogen produced overseas. Because Australia and the Middle East possess high-quality renewable energy resources, they are attracting attention as suitable regions for producing green hydrogen using renewable energy. The cost of constructing and operating a green ammonia plant varies depending on the region. In this study, an economic feasibility comparison of green ammonia plant construction in Australia and the Middle East is conducted. Through this, it is expected to contribute to the economic analysis and feasibility analysis of the project to import hydrogen in the form of green ammonia into Korea.

• Journal of the Korean Society of Industry Convergence
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• v.27 no.2_1
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• pp.277-285
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• 2024

Hydrogen is considered a key energy source to achieve carbon neutrality through the global goal of 'net zero'. Due to limitations in producing green hydrogen domestically, Korean companies are interested in importing green hydrogen produced overseas. The Middle East has high-quality solar energy resources and is attracting attention as a region producing green hydrogen using renewable energy. To build a green ammonia plant, optimization of the production facility configuration and economic feasibility analysis are required. It is expected that it will contribute to reviewing the economic feasibility of constructing overseas hydrogen production plants through preliminary economic feasibility analysis.

• Journal of Hydrogen and New Energy
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• v.35 no.1
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• pp.1-13
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• 2024

Hydrogen is emerging as an essential material for carbon neutrality. In particular, Korea needs 22.9 million tons of imported clean hydrogen by 2050 to achieve carbon neutrality. However, a large amount of carbon is emitted during the import process, and market regulations are being discussed. This research estimates the carbon emissions of importing green hydrogen from Vietnam, Australia, and the United Arab Emirates to Korea, and calculates imported green hydrogen prices under carbon emission market regulations.

• Journal of the Korean Society of Industry Convergence
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• v.27 no.2_1
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• pp.269-276
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• 2024

Many countries across the world are making efforts beyond reducing CO₂ levels and declaring 'net zero,' which aims to cut greenhouse gas emissions to zero by not emitting any carbon or capturing carbon, by 2050. Hydrogen is considered a key energy source to achieve carbon neutrality goals. Korean companies are also interested in building overseas green ammonia production plants and importing hydrogen into Korea in the form of ammonia. Green hydrogen production uses renewable energy sources such as solar and wind power, but the variability of power production poses challenges in plant design. Therefore, optimization of the configuration of a green ammonia production plant using renewable energy is expected to contribute as basic information for securing the economic feasibility of green ammonia production.