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'Global Hydrogen Industry Alliance' to be launched next year led by S.Korea

According to Yonhap News,

(SEOUL=Yonhap News) A 'Global Hydrogen Industrial Association Alliance (GHIAA)', which will act as a basis for cooperation among international hydrogen industries, will be established led by Korea. .

H2 Korea held an international hydrogen industrial association alliance forum on September 9 at KINTEX, Goyang city, and signed a letter of intent (LOI) with hydrogen industry associations of 13 major countries to launch a 'Global Hydrogen Industrial Association Alliance'..

GHIAA is set to be a cooperative platform of private sector sharing trends of each country's hydrogen industry, including South Korea, U.S., Australia, Canada, France, Norway, UK, Spain, Netherlands, Chile, China, and Singapore..

After a year of preparation period, GHIAA is scheduled to be officially launched in the second half of next year..

The goal is to establish a communication platform and data hub led by the private sector, lay the foundation for cooperation between international hydrogen industries, stimulating private investment in the global hydrogen economy market while revitalizing hydrogen industry and market.

In particular, taking the official launch of GHIAA as an opportunity, H2KOREA plans to cement Korea's position as a leading country in the hydrogen industry, and actively support international cooperation of small and medium sized companies in the hydrogen field..

In the leading up to the official launch, H2KOREA will act as a provisional secretariat, pushing for regular information exchange on policies and regulations related with the hydrogen industry of each country, and identify joint development and demonstration project.

Chairman Moon Jae-do of H2KOREA said "it will be an opportunity to lay the foundation for revitalizing international cooperation in the hydrogen industry, which is a key to realization of carbon neutrality," adding "we will contribute to bringing forward the realization of global hydrogen economy by stimulating communication between industry, academia and research sectors and creating synergy effect for international cooperation through GHIAA".

Source Text

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Source: Yonhap News (September 9, 2021)

** This article was translated from Korean.
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