McDermott has agreed to work with KOGAS to explore the development of large-scale liquid hydrogen storage to support South Korea’s Hydrogen Economy Roadmap.
McDermott’s storage business CB&I and Korea Gas Corporation (KOGAS) have signed a memorandum of understanding in this regard.
CB&I specializes in designing and building field-erected pressure spheres capable of storing liquid hydrogen.
South Korea announced plans to achieve carbon neutrality by 2050 by replacing coal-fired power generation with renewable sources and internal combustion engine vehicles with hydrogen-powered and battery-based electric vehicles in 2021.
Recent Posts
Technology
Econowind launches 30m VentoFoil 5-series for deepsea vessels
EV
Boreal orders 20 electric hydrofoil ferries from Candela for Norway operations
Ferries & Cruises
MEYER WERFT unveils battery-electric cruise ship concept ‘Vision’ at Seatrade Cruise Global