Through this collaboration, Utility and Hanwha will assess the technical and economic feasibility of building a hydrogen production plant that utilizes biogas generated from South Korean wastewater treatment facilities as a feedstock for Utility’s proprietary H2Gen system. The hydrogen produced from biogas will be used in South Korea’s hydrogen-powered mobility sector and other clean energy applications.
Parker Meeks, CEO of Utility, stated, “We are very pleased to enter into this agreement with Hanwha. This partnership represents a strategic advancement in the global expansion of our H2Gen system and marks a meaningful step toward supporting the worldwide goal of producing clean hydrogen in an economic and sustainable way.” He further remarked, “South Korea already has a well-established hydrogen mobility market and is a country with significant growth potential.”
Dr. Vladimir Novak, Chief Commercial Officer of Utility, commented, “This agreement is a key milestone in the commercialization of our H2Gen system and signifies an entry for Utility into one of the world’s largest hydrogen mobility markets. We plan to expand across the U.S., Asia, and Europe, providing cost-effective and clean hydrogen for transport and other energy applications.”
The Pre-FEED study will generate foundational data for a basic design package, including design parameters, process configuration, capital requirements, project duration, and economic analysis. This will enable Hanwha to make a more informed and reliable decision regarding the adoption of the H2Gen system for hydrogen production using biogas.
Joon Myoung Lee, Head of Hanwha Corporation E&C Division’s Infrastructure Business Unit, said, “We believe that hydrogen production using biogas is a highly attractive solution in terms of aligning with the country’s eco-friendly energy policy and efficient resource utilization. This partnership with Utility is expected to positively contribute to our journey toward becoming a green infrastructure developer.”
