Fuel Cell

With features such as convenience, cleanliness, and safety, city gas has been used extensively by households and industries

What is RPS(Renewable Portfolio Standard)?

Since 2012, it has been mandatory for power generation companies of a certain size (500MW) or larger to supply more than a certain percentage of total power generation using renewable energy.

What is CHPS(Clean Hydrogen Portfolio Standards)?

As the Hydrogen Act was amended on December 11, 2022, the system was changed from the existing RPS market to the CHPS market. The CHPS system was established to separate hydrogen power generation and promote the use of clean hydrogen to compensate for the shortcomings of the RPS system. To implement the system, a hydrogen power bidding market has been opened since 2023, and the Korean Electric Power corporation operates and opens it.

Hydrogen-powered bidding market

The hydrogen power bidding market is based on the hydrogen law as a system to purchase and supply electricity produced by hydrogen or hydrogen compounds as fuel. As announced by the purchaser, Korea Electric Power Corporation, and the Ministry of Trade, Industry and Energy a regional electricity business, hydrogen power must be purchased, and the supplier, the hydrogen power business, supplies hydrogen power to the buyer through a competitive bid for the purchase. The bidding market will open once a year, with a volume of 1,300 GWh (almost 160MW) opening as of 2023. The final winner is selected by comprehensively evaluating non-price indicators such as price indicators, which are power generation costs, the impact of the electricity system, and industrial and economic contributions.

Installation history

Installation history
Project	Capacity	Year of Completion	Location
Gyeonggi Green Energy	58.8MW	Dec. 2013	Hyangnam-eup, Hwaseong-si, Gyeonggi-do
Korea South-East Power	2.64MW	Nov. 2014	Wonsi-dong, Ansan-si, Gyeonggi-do
S-Power	5.0MW	Jan. 2015	Iljik-dong, Gwangmyeong-si, Gyeonggi-do
Baegot Fuel Cell	6.16MW	Jun. 2017	Jeongwang-dong, Siheung-si, Gyeonggi-do
Gwangmyeong Fuel Cell	2.64MW	Nov. 2017	Iljik-dong, Gwangmyeong-si, Gyeonggi-do
Oseong Fuel Cell	9.68MW	Feb. 2019	Oseong-myeon, Pyeongtaek-si, Gyeonggi-do
Daebudo Fuel Cell	0.88MW	Nov. 2019	Daebudong-dong, Ansan-si, Gyeonggi-do
SE Green Energy	19.8MW	Jun. 2020	Jangan-myeon, Hwaseong-si, Gyeonggi-do
Korea District Heating Corp. Future Development Center	0.1MW	Feb. 2021	Giheung-gu, Yongin-si, Gyeonggi-do
Namyang Fuel Cell (Phase 1)	20.24MW	Jun. 2021	Namyang-eup, Hwaseong-si, Gyeonggi-do
Incheon Fuel Cell	39.6MW	Jun. 2021	Songnim-dong, Dong-gu, Incheon Metropolitan City
Uiwang Fuel Cell	9.9MW	Aug. 2021	I-dong, Uiwang-si, Gyeonggi-do
Baran Management Office, Korea Gas Corporation	0.88MW	Aug. 2022	Hwaseong-si, Gyeonggi-do
Incheon Sports Training Center	0.1MW	Oct. 2022	Jung-gu, Incheon Metropolitan City
Namyang Fuel Cell (Phase 2)	19.8MW	Feb. 2023	Hwaseong-si, Gyeonggi-do
Pyeongtaek Energy Service	6.16MW	Dec. 2023	Pyeongtaek-si, Gyeonggi-do
Total	202.38MW

Future plan

Samchully Co., Ltd. will expand the fuel cell business, in addition to supplying eco-friendly heat produces from fuel cells to integrated energy suppliers and discovering new and renewable energy business models in various fields, such as waste-to-energy and biogas, in order to play a pivotal role in driving the hydrogen economy.