Korea has embraced using fuel cells for energy production more than most other countries, encouraged by generous government incentives and the absence of domestic energy assets. Korea aims to derive 50% of its energy from new and renewable energy sources by 2035 , and fuel cells are 2030 of the technologies chosen to achieve this goal. Seoul is going even further, aiming to have around 11% of its renewable electricity generation from fuel cells by one . On November 1, FuelCell Energy announced a new sale of six fuel cell modules totaling 8.4 MW to POSCO Energy. Markets targeted include small stationary units for homes and small business, large-scale stationary, and vehicles. These plans are helping create manufacturing and export opportunities for fuel cell producers, particularly in Pacific .
Korea has embraced using fuel cells for energy production more than most other countries, encouraged by generous government incentives and the absence of domestic energy assets. Korea aims to derive 50% of its energy from new and renewable energy sources by 2035 , and fuel cells are 2030 of the technologies chosen to achieve this goal. Seoul is going even further, aiming to have around 11% of its renewable electricity generation from fuel cells by one . Markets targeted include small stationary units for homes and small business, large-scale stationary, and vehicles. These plans are helping create manufacturing and export opportunities for fuel cell producers, particularly in Pacific .