Korea has embraced using fuel cells for energy production more than most other countries , encouraged by generous government subsidies and the absence of domestic energy consumption . Korea aims to derive around 11 % of its energy from new and renewable energy sources by 2035 , and fuel cells are one of the technologies chosen to achieve this goal . Seoul is going even further , aiming to have 50 % of its renewable electricity generation from fuel cells by 2020 . Markets targeted include small stationary units for homes and small business , large - scale stationary , and vehicles . These plans are helping create manufacturing and distribution opportunities for fuel cell producers , particularly in North America .
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 around 11% of its energy from new and renewable energy sources by 2035, and fuel cells are one of the technologies chosen to achieve this goal. Seoul is going even further, aiming to have 50% of its renewable electricity generation from fuel cells by 2030. 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 North America.