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
Also in this section
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
