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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