Kepco will purchase the electricity
South Korea to auction more hydrogen power
October auction to allow use of grey hydrogen ahead of expected tightening of criteria in 2024
South Korea is pressing ahead with a second auction of electricity capacity from hydrogen power plants. Operator Korea Power Exchange (KPX) will accept bids during 6–13 October for a second auction to award 650GWh of electricity contracts to hydrogen-based power generators, with the contracts to be awarded in November. However, as with the first auction, October’s tender will allow bidders to fuel their systems using so-called “general hydrogen”—namely byproduct hydrogen from industrial processes or grey hydrogen from gas/LNG, potentially undermining the country’s emissions reduction goals. The first clean hydrogen power auction—which will not allow gas or byproduct hydrogen to compete—will
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25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
