South Korea has deployed 300 MW fuel cells to become a global industry leader

South Korea has become a global leader
in fuel cells for utility-scale power generation.

South Korea has deployed 300 MW fuel cells to become a global industry leader

The latest estimates show that six South Korean fuel cell production companies have deployed nearly 300 megawatts of fuel cells
to date.
Competition between companies has led to an increasing number of innovative methods of
power generation.

One example is the three-story three-story fuel cell park in Bundang, known as the Bundang Power Tower, established by the power company KOEN (officially known as Korea Southeast Electric Power Company).

The power tower is said to be the world's most energy-intensive power plant and the first solid oxide fuel cell (SOFC) system
deployed in South Korea.
The tower generates 1.
34 kilowatts of electricity per square foot and about 1 megawatt per 787 square feet
.

Another example is POSCO's construction of the Gyeonggi Green Energy Fuel Cell Park in the Chinese city, which uses molten carbonate fuel cells (MCFCs).

Hyundai is also developing fuel cell buses, and the company hopes to produce 1,000 vehicles by 2020 as part of
a nationwide effort to improve its carbon footprint.

The rise of fuel cells was initially driven
by South Korea's 2012 Renewable Energy Portfolio Standard (RPS).
The standard requires all state-owned and independent power producers with more than 500 MW of generating capacity to increase the share of electricity generated by renewable energy and green technologies to 10% by 2023, up from 2%
in 2010.

In kilowatt-hours per capita, South Korea's energy consumption is the highest in Asia, surpassing countries such as France and Germany, and even surpassing the United States
.
South Korea has a population of more than 50 million people within 100,000 square kilometers, making it the most densely populated region
among the world's major economies.
Among residents, 85% are connected and 88% have smartphones
.

According to KEPCO, a state utility, about two-thirds of the country's electricity comes from fossil fuels and one-third from nuclear power
.

The shift in public opinion to nuclear power has boosted the development of
renewable energy as news of falsified nuclear power plant components and Japan's 2011 Fukushima nuclear disaster led South Korea's energy targets to urge a reduction in nuclear power capacity.

After Reuters reported that South Korea is one of the world's top ten polluters, the new measures also set targets
to reduce greenhouse gas emissions.

South Korean President Moon Jae-in's plan, known as the "30-20" plan, aims to increase the country's share of renewable and new energy generation to 20 percent
by 2030.

South Korea's mountainous terrain makes it unsuitable for certain energy projects, such as solar panels or wind turbines, meaning attention is shifting to more compact, energy-intensive technologies such as fuel cells
.
South Korea's natural gas infrastructure is also helping to support the rollout
of fuel cell projects.

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