State-owned Kepco will buy the hydrogen power
South Korea to launch hydrogen power auctions
Pioneering tender process designed to spark competition in hydrogen-based generation
South Korea is preparing to hold one of the world’s first auctions for electricity generated from hydrogen in a move Seoul hopes will kickstart competition among nascent hydrogen-based power generation technologies and accelerate cost reduction. The auction, scheduled to launch in mid-July, is thought to be the first of its kind in the world and marks the first step in South Korea’s efforts to commercialise green and blue hydrogen-based power generation by 2027. It will also create one of the world’s first hydrogen consumption mandates. The tender will involve 650GWh of energy generated from ‘general hydrogen’—namely carbon-intensive grey hydrogen—for delivery in 2025, according to the Korea
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
