ANN/KOREA HERALD – Hyundai Engineering announced yesterday that it has agreed to work with United States (US)-based reactor and reactor fuel developer Ultra Safe Nuclear Corporation (UNSC) and SK Ecoplant to develop a pink hydrogen production system.
Pink hydrogen refers to hydrogen produced by using nuclear power to electrolyse water, splitting hydrogen from oxygen for use as a fuel.
Yesterday, the companies signed a three-way memorandum of understanding at SK Ecoplant’s headquarters in central Seoul.
Under the agreement, the three companies will conduct joint research for the next five years to develop a cost-efficient hydrogen production system, dubbed H2 Micro Hub. “The H2 Micro Hub is a flexible and powerful power plant that would produce, distribute and utilise hydrogen at the local scale, avoiding expensive and vulnerable infrastructures.” USNC Chief Executive Officer (CEO) Francesco Venneri said.
